Category Archive for: ‘Finance’

  • Two Parts of Financial Projections: The Known and Unknown

    If you are seeking money, lenders might not give you any until your financial projections accurately express the risk and solve how the funds will get paid back. This financial forecast is also a crucial component of any business plan. Financial projections are typically three […]

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  • Big expense, but wont see it on your financial statements!?

    High turnover is a good thing, if you’re talking about tables in a restaurant or inventory.  But, if you’re talking about personnel it could be one of your biggest expenses and it’s the one that doesn’t show as a line item in your financial statements.   […]

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  • Reconciliations and financials made easy

    Do you know your current profit margins? Reconciling bank and credit card accounts is paramount to making solid business decisions! Not too long ago, business owners didn’t have a choice but to plunk away at a keyboard to enter hundreds of accounting transactions. Now, the […]

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    88 Ways to get Money Without Going to the Bank

    So, the bank declined your request for a business loan. Did they ask, Do you have any “marketable collateral”? When you indicated that you only had business assets, did they respond, “I am sorry, but we do not finance businesses unless they have been a […]

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  • Numbers Must Tell the Story of Success

    Your ability to make the lender believe in you is critical to obtaining the loans necessary for your business to succeed. However, the financial statements of your business provide an objective source of information as to past and future financial success.

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