Whether you’re a start-up business or a big corporation, you should always put cashflow at the forefront of your focus. Cashfl......
There is a positive correlation between the quality of a company’s inventory control and its financial performance. Many finan......
The weighted average cost method in inventory accounting is one of three approaches of valuing your businesses inventory stock a......
The weighted average cost method is an accounting method that businesses use to value inventory. This method of valuing inventor......
There are a variety of ways to measure the value of your inventory. If you’re a business owner, you might look at different ta......
If you are a startup owner or entrepreneur, it is no secret that you may be working within a tight budget. The ability to make p......
Kicking goals in business is almost always more expensive than you think. Even with the best planning, there’s always going to......
Debtor days refer to the number of days customers are given to settle their accounts, and the choice on the length of this perio......
Cost of Goods Sold (COGS) is the cost associated with the manufacture of your inventory stock, which incorporates both the raw m......
Debtor days measures how quickly cash is being collected from debtors. The longer it takes for a business to collect, the greate......
It is a well-known fact that start-up businesses usually tend to struggle with managing their finances, especially in the beginn......
Businesses with strong balance sheets are more likely to survive economic downturns and be ready to thrive when the going gets g......
Cost-cutting in business goes hand in hand with saving money and turning a higher profit. However, it does not need to be someth......
Cost of goods sold, also known as COGS, is one of the most important elements of your business to understand. COGS can be define......
For many businesses, the income statement is the be all and end all. But if your business is geared for financial performance, i......
No matter what good a company is producing, the cost of the materials needed to produce that product directly impact profits. Co......
Simple ways to identify which business costs to cut can be done just by looking around. Is your company ordering fresh flowers f......
Small businesses often struggle to manage the costs of running a small business, often operating on a minuscule budget. However,......
Being an entrepreneur or starting your own small business can be a risky endeavour. The feelings of stability and security often......
It seems 12 hour days, sleepless nights and no holidays are a rite of passage for a small business owner, however why should thi......
Setting out to start your own business is ambitious and exciting. With ideas and dreams fuelling motivation, it’s easy to get ......
