Expenses to Budget Report We all have good months and bad months so sometimes it’s necessary to look at the bigger picture. This is necessary, to simply see how well the year is going so far. The Expenses to Budget Chart is just perfect for this. This chart can also...
The Balance Sheet Forecast may look like a meaningless mass of numbers but bear with me and together we will impress your bank manager. You might also improve your own understanding of your business finances. Going for a Loan If you’re going for a loan,...
What does it mean to break even? The breakeven point is, basically, your income is equal to your costs and you have zero profit. Now, why would anyone want to know how to generate zero profit? That’s a good question. The point isn’t to aim for the breakeven point, but...
We drop some of these liquidity ratios into your bonus packs from time to time. They are great indicators used as an early-warning signal of upcoming cashflow problems. Monitor them over time, watch the direction of the trends and get advice if they are heading the...
