Articles Index
How to Adjust your Sales Forecast When Economic Times Change
Are you worried about the economy? Maybe it is time to adjust your business sales forecast to take advantage of current economic conditions. Here's how.
How to Make Your Business Budget Work
Budgeting and planning are some of the most important functions that make a small business successful. This article gives you six steps to help make a business budget work.
How to do a Cash Flow Analysis
Cash flow can be defined as the way money moves into and out of your business; it is the difference between just being able to open a business and being able to stay in business. A cash flow analysis is a method of checking up on your firm’s financial health. It is the study of the movement of cash through your business to determine patterns of how you take in and pay out money. The goal is to maintain sufficient cash for firm operations from month to month.
How to Increase Your Cash Flow
This article gives you a list of ways your small business can increase its cash flow through proper cash flow analysis.
How to Calculate the Dupont Model for ROI Analysis
Using the DuPont Model allows the business owner to break the firm's profitability. both ROI and ROE, down into component parts to see where profitability actually comes from and where any problems might exist.
How to set up and Manage a Petty Cash Account for your Small Business
Every small business needs a petty cash account as a part of accounts payable for small, daily business expenses. Setting up and managing your petty cash account is part of your bookkeeping function and office accounting system.
How to Choose a Bank for Your Business Loan and Account Needs
Be careful when you choose a bank for your small business. Compare community vs large, regional banks. Compare the services each offers and how accessible they are to you. Look at the business loan packages they offer.
How to Clean up your Credit Report
In order to get financing for your business, you have to have good credit. There are often errors on your credit report. Before applying for financing or a loan, get a copy of your credit report and clean it up. Up to 25% of American consumers are denied credit because of inaccurate information on their credit report.
How Retail Firms can Increase Their Sales Through Inventory Control
Retail stores can increase their sales revenue during the holidays through inventory control. Controlling inventory and inventory management are especially important during a recession when consumer spending is low.
How to Prepare a Trial Balance
After you complete your general ledger entries for an accounting cycle, the next step is to prepare a trial balance. A trial balance is the process of totaling the debits and credits from the general ledger to make sure they balance for the accounting period in question.
How to Prevent the IRS From Auditing Your Small Business
Small businesses need to know how to prevent tax audits of their small businesses. Here are some steps you can take to prevent the IRS from picking your small business for a tax audit.
How to Bootstrap Your Startup or New Business
Bootstrapping your business or starting up your business means generating funds internally from your cash flows. Bootstrappers watch every dollar and try to run their business on their own funds. These are some steps you can take to bootstrap your startup or new business.