Seven ways business funding has developed
Things aren’t what they used to be. That’s particularly true in the world of business funding – everything changed in 2008, when banks hit the buffers and put the brakes on lending. Thankfully new...
View ArticleWhy Your Small Business Is Doomed to Fail (and How You Can Change Your Fate)
Hopefully, this statistic isn’t news to you: Roughly eight out of 10 small businesses will close their doors permanently after only 18 months. Worse, of those that survive that vicious culling, more...
View ArticleDiving into Ratio Analysis (Is Less Scary Than It Sounds)
Some time back we concluded an Introduction to Financial Statements series that gave readers an overview of the three major financial statements: the balance sheet, the income statement, and the...
View ArticleStatement Of Cash Flows – Part 2
Last week we introduced readers to the third and final of the three major financial statements, the statement of cash flows, and produced the above-referenced example for our fictitious Acme...
View ArticleStatement Of Cash Flows Part 1
Now that we have completed our guides to understanding your company’s balance sheet and income statement, it is time to turn our attention to the third and final of the major financial statements, the...
View ArticleUnderstanding the Income Statement – Part 1
We recently wrapped up our two-part piece on balance sheets, and today we are going to move on and start taking a look at the next financial statement on our list, the income statement. Unlike the...
View ArticleUnderstanding the Balance Sheet – Part 2
In our previous Build Your Biz entry, we introduced readers to the balance sheet of the fictitious Acme Corporation presented below. At the time, we gave a brief explanation of each of the items on...
View ArticleUnderstanding the Balance Sheet – Part 1
Today we are going to begin a multi-part series in which we explore, explain, and hopefully enlighten Build Your Biz readers about the often-confusing world of financial statements. We’ll be looking at...
View ArticleRecession Survival Skills-Part 2
In our previous Build Your Biz post we defined a global recession and discussed the possibility that we could be headed for one. While we are not here to make economic predictions, we would like to...
View ArticleRecession Survival Skills-Part 1
If you’ve been paying attention to the (mostly grim) financial news lately then you may have noticed a good deal of chatter about whether or not the global economy is headed for a double-dip recession....
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