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Tag: Accounting

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By Phil Greenwood on Thu Aug 11 2022

In tough operating environments, firms will need to closely monitor their financial and operating results to ensure financial survival. An ineffective or non-existent financial/accounting system in Read more

By Phil Greenwood on Fri May 08 2020

Entrepreneurs are often expected to present the current financial status of their enterprise to investors, bankers and employees. In board meetings, the entrepreneur needs to explain their current Read more

By Phil Greenwood on Wed Sep 07 2016

Fast sales growth can strain cash and financing. Sustainable Growth Rate helps owners see how much growth their current financial structure can support. For most new business owners, growth is a sign Read more

By Phil Greenwood on Wed Jun 22 2016

Traditional liquidity ratios can mislead small businesses. Net Balance Position gives entrepreneurs a clearer view of cash needs and ways to improve liquidity. “Return on Equity” provides a Read more