|
Saturday, 22 December 2007 |
|
More info...
By Mike Medwin
 In most businesses, what drives the balance sheet are sales and expenses. In other words, they cause the assets and liabilities in a business.
One of the more complicated accounting items are the accounts receivable.
As a hypothetical situation, imagine a business that offers all its customers a 30-day credit period, which is fairly common in transactions between businesses, (not transactions between a business and individual consumers).
An accounts receivable asset shows how much money customers who bought products on credit still owe the business. It's a promise of case that the business will receive.
Basically, accounts receivable is the amount of uncollected sales revenue at the end of the accounting period. Cash does not increase until the business actually collects this money from its business customers.
However, the amount of money in accounts receivable is included in the total sales revenue for that same period. The business did make the sales, even if it hasn't acquired all the money from the sales yet. Sales revenue, then isn't equal to the amount of |
|
Last Updated ( Saturday, 22 December 2007 )
|
|
Read more...
|
|
Friday, 21 December 2007 |
|
More info...
By Obinna Heche
 If you are looking to get started in the small business world, chances are you will need some outside start up capital. Few, if any, small business owners got their start up money out of their own pocket. Fortunately, there are a plethora of available avenues for you to secure some funds to get your small business off the ground. Of course, to get these loans you will have to show a business plan indicating you know what you are doing and have a good chance of turning a profit within a recognizable time frame.
Neither banks nor the small business association nor outside investors are looking to simply give their money away. They will want to see a verifiable return on their investment. Of course, no business is a sure thing but you will want to make it seem like yours is. If you have a smart business plan, some collateral to put up and a business degree, getting a loan should be possible. Here are some of the available outlets for procuring that all important capital.
First of |
|
Last Updated ( Friday, 21 December 2007 )
|
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
| Results 50 - 56 of 76 |
