Cash Management

10 Steps to Effective Collections

To ensure overdue accounts get paid, you can implement an effective collections policy by following the ten steps described in this article.

Accounting

Small Business Accounting Information - SME Toolkit India explain accounting information, accounting methods and small business accounting which helps to get success in small business.

Accounting and Cash Flow

Learn about methods of accounting, tax liability issues, financial statements and other money-related things that a small business owner should be aware of.

Achieving Lowest Expenses

You can achieve business growth not only by making money, but also by investing the cash produced by frugal spending. Learn how to minimize business expenses.

Balance Sheet

Learn about how to create and analyze your balance sheet, which is a snapshot of your business at a certain point in time.

Budgeting as an Effective Control Tool

Review these budgeting techniques to evaluate your business's performance. The article focuses on how to develop a budget and how to use it as a control tool.

Cash Flow Triage

If you often don't have enough cash on hands, review cash flow triage techniques to obtain quick cash in case of emergency and to improve cash flow management.

Cash Forecasting

Learn how to prepare a cash forecast to see where you may need additional funding in the future.

Collecting Accounts Receivable

Many companies face cash-flow difficulties because they’re owed a lot of money from customers who take their time in remitting payments. This is especially risky for start-ups and small businesses.

Controlling Costs

Learn four easy steps to control your costs and increase the profitability of your business.

Importance of Liquidity

As a business owner, it is vital to understand the liquidity of your company. Discover how to determine your optimal level of liquidity.

Income Statement

Learn how to create and analyze an income statement in order to help you plan the future of your business.

Introduction to Costs

Learn what direct and indirect costs are, how they are different from expenses, and how you can calculate the break-even point of your business.

Knowing Your Key Numbers

This article provides clear explanations of key financial terms and describes how to use finance and accounting staff better manage your business.

Profitability Ratios

Get to know how you can use profitability ratios to evaluate if your company is doing well.

Projecting Cash Flow

Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation.

Sample Collection Letters

Need to write a collection letter to collect a delinquent account? Review these three sample collection letters, each designed with a different purpose.

Saving: Rule of 72

Evaluate savings and investment vehicles by using the rule of 72 calculator to tell you how long it will take for your money to double.

The Cashflow Statement-1

Learn how to create a cash flow statement and what to do if your business falls short of cash.