As a new year approaches, take a few simple steps to ensure your business' bookkeeping practices are up to par.
Objectively evaluating the financial position of your small business requires mastering several related skills, including gathering and organizing the necessary financial information about the business. Learn how you can put your analysis to work.
A good entrepreneur has time-tested instincts, but a great entrepreneur knows analysis and instinct are the keys to smart business decisions. Discover which analyses can help you take your financial data to a new level of informed decision-making.
When it comes to assessing your business, focusing on the right ratios is key. Learn which reports can reveal where business is doing great, and where there's room for improvement.
Periodically prepared balance sheets are the primary financial tool for assessing the relative wealth or financial condition at a given point in time. Learn what to monitor and track to ensure your business is growing.
Referencing ratios, particularly efficiency ratios, among various types of financial data can help you determine if your business is operating efficiently. Learn how to create and learn from these ratios in record time.
Preparing financial statements and using financial ratios to assess business performance are key business management tools, but be aware that factors, including inflation and the impact of varying accounting decisions, can render them less than perfect tools.
To gauge how your business is doing, pay attention to these key performance ratios.
Solvency ratios are designed to help you measure the degree of financial risk that your business faces by considering debt to equity, debt to assets, the treatment of fixed charges and other costs, and interest expense. Learn how to best apply these ratios to your business.
The moment your year is more than half over, it's time for a business check-up. Follow these five guidelines to see how your business’ finances check out—and how you can improve them.
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