If you have a cash shortage with your business, it is important to have a strategic plan to survive and reverse the shortage. If you don't have a plan in place, you could find yourself falling short on money for expenses like payroll. In order to prevent a cash flow shortage, you need to take action ahead of time. Here are a few steps you can take to prevent or survive a cash shortage flow. Keep in mind that over 80% of businesses fail due to a cash flow shortage crisis, so putting some of these tips in action may protect you in the long run!
Accounting methods are tools for businesses to use in order to record their finances and keep track of their finances..
Day sales outstanding (DSO) is the term used to measure how much time it takes for a business to get paid for a product.
While non-profit organizations are not concerned about showing a profit for investors, these entities still must report.
Job costing is an often overlooked yet important component of business, especially for small to medium-sized companies..
Most people understand that financial controllers play important roles in businesses and organizations of all different.
The treasurer of a non-profit reports the organization's finances and handles the management of the organization's.
