7 Sales Forecasting Methods Explained with Examples
Strategic Sales Forecasting use historical data benchmarks current sales activity data Etc and elements to estimate future demand and sales growth
Prepare Compelling Financial Projections for Startups
Financial Projections are forecasts to your Startups Key components which are Income Statement Balance Sheet and Cashflow
What is Ratio Analysis? Explained Financial Ratio Analysis Concept
Financial Statements will give you the numbers while the Financial Ratio Analysis will tell you how good the financial health of a company is
Budgeting Vs Forecasting Key Differences to Know
For every business budgeting and forecasting are the key steps in having your business strategy in place while also getting the desired funding
Key Considerations of the Sources and Uses of Funds Statements
The sources uses of funds statements can secure loans and attract investors apart from reflecting the funds inflow and outflow of your business
Understanding the Cash Burn Rate & How to Reduce It
Cash burn rate helps you determine whether your efforts are going in the right direction to generate positive cash flows or not
Want to Know How Much Your Business Startup Costs? Follow These 4 Steps
Be it your small business or a new brand launch planning your business startup costs will go a long way and keep you on track
Fixed Assets Vs Current Assets: Understanding Key Differences
Fixed assets vs current assets The difference is when the company plans to hold its assets Lets understand what they are and their key differences
Direct Vs Indirect Cash Flow Methods Which Is Better ?
Both direct and indirect cash flow methods have their purposes and usability But which one should you use Read on to know more
The Ultimate Guide to Net Income Calculation: Formulas and Examples
You only need three items from the balance sheet to calculate your net income revenue cost of goods sold and expenses
What is an Income Statement for Small Business?
The income statement provides critical information on the businesss performance for the year Learn how to read the profit and loss account effectively
Creating a Budget for your Small Business 6 Steps Guide
To make informed decisions for your small business you need a small business budget and heres how to create one
What is Working Capital & How to Calculate it?
The networking capital will measure your businesss liquidity and operational efficiency But how to calculate it and what are its components
