It is payday and you see your paycheck hit your bank account just in time to pay your student loans. How depressing. Paying your student loans may seem like it will last forever, but there are ways improve your repayment plan and pay off your...
Your financial reports can be far more useful than just a report on the state of your business. You can use these reports to manage your business, diagnosis what’s going right and wrong, and set goals for how to grow and add to your bottom...
Working capital is a key financial concept for business owners when evaluating the overall health of operations. It reveals a snapshot of the company’s short-term liquidity position. In addition to having enough working capital to pay bills for a year, staffing companies have some unique...
As we approach the end of the third quarter, it is time to review your 2016 budgets and projections and compare them to the actual operating results. Is the business ahead of or trailing the projections? What parts of the business performed well...
Most retail and many service-based business accept payment via credit card. This practice is becoming even more common as business competition heats up and credit card processing fees become more competitive. Choosing a payment processor is perhaps the most difficult task in any businesses...
When it comes to choosing the right accounting software for your business one size definitely does not fit all. With an onslaught of “boxed” bookkeeping packages to choose from it is critical to fully understand their offerings and limitations before committing to one over another....
For many small businesses and startups, managing their cash flow is a continual challenge. Good cash flow projections will help any business stay on course towards a brighter future. Learn more about cash flow projections and download our free Cash Flow Guide....
If you're buying or selling a business, you need to understand the risks involved. Here's what you need to know about the impact of risk on business valuation....
Reducing costs can help you increase cash flow and, as a result, the value of your business.[/caption]
The value of a business is based on two factors: the expected future cash flow of the business and the risk that future cash flow will occur when and in the amounts expected.
Cash flow and risk are the meat and potatoes of business valuation. The valuation report that is produced is just a detailed analysis of these factors.
EBITDA is an acronym for Earnings Before (deduction of) Interest, Taxes, Depreciation and Amortization.
