Financial Dashboard Reports

Identify what key financial information and metrics are important to your small business. These will vary among industries, but some of the more common ones are sales, gross margins, net income, and current ratio. If you extend credit to your customers, then accounts receivable balances and/or average collection period would be important as well. If you are a retail store, inventory turnover ratio would be a good KPI to include in your dashboard....

Small Business Financing

Obtaining business investors or loans for your business in today’s market makes an already daunting task even more challenging....

Applying Pricing Strategies

If you have ever accepted bids for a project such as construction, moving, or painting, other buyers might have apprised you that accepting the average bid, the one that falls in the middle, might be the best option. If you have ever purchased a large ticket item, you understand why consumers might question the quality and effectiveness of an item that is sold below cost...

Preparing an Income Statement for Your Small Business

Every business must keep track of income and expenses, profit and loss, not just for tax purposes but also for evaluating productivity in keeping with the business plan...

Budgeting: Essential for All Businesses

Every business, small and large, new and established, requires a budget. A budget creates a guideline for income and expenses and provides a way to compare financial goals with reality, to plan ahead proactively, and foresee and correct issues...

Help your Small Business Save Money

Everyone wants to save money. This is especially true for the small business owner. It seems as if more demands are being made of our money than ever before. There are definite ways for the small business owner to save money and cut costs...