When a company’s profit margins aren’t at expected levels, a variety of factors can be at play. Profit margins are generally a measure of business efficiency, and if the numbers fall short of projections, the solution will generally involve reducing costs, increasing sales or both. Businesses must also assess why profit margins are below expectations so that they can make focused and effective corrections.
Cash flow forecasting can make or break your business. Business owners need to know how much cash they have on hand.
Topics: revenue forecasting, business strategy
Can you believe we are already closing out on the 3rd quarter of 2015? If your company has had a year like ours,.
Knowing when to expect money coming in and how much is going out is basic business accounting, but that doesn't.
