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Accounting Solver

June 23rd, 2008

NEW BEGINNINGS IN A CHALLENGING ECONOMY: Putting your business on the road to profitability & growth

Many start-up businesses stop at determining their beginning Equity. After putting up the initial capital for your business, you have to determine the optimum Working Capital to position your business on the road to profitability and growth.
Specially during these times of high transportation costs and constricted markets, f you do not put up enough […]

By ren -- 3 comments

June 13th, 2008

WHAT MAKES A BUSINESS WIMP

A business wimp (whether small business or large corporation) is a venture with inadequate Working Capital.
A business wimp will be forced to incur debt or inordinately prolong accounts payable so that it gets into trouble with suppliers. Not having adequate Working Capital will place the business in an unsustainable cycle of debt.
The business wimp […]

By ren -- 2 comments

May 3rd, 2008

HOW TO REDUCE WORKING CAPITAL REQUIREMENTS 3: Manage your accounts receivable

Working Capital funds the cost of the labor & materials that go into the goods you sell or the services you render (i.e., your Cost of Goods Sold or Cost of Sales) and what you use to pay for salaries, rent, office supplies, etc (i.e., your operating expenses). In most businesses (specially where goods […]

By ren -- 0 comments

May 2nd, 2008

HOW TO REDUCE WORKING CAPITAL REQUIREMENTS 2: Manage your inventory

Working Capital funds the cost of the labor & materials that go into the goods you sell or the services you render (i.e., your Cost of Goods Sold or Cost of Sales) and what you use to pay for salaries, rent, office supplies, etc (i.e., your operating expenses). In most businesses (specially where goods […]

By ren -- 0 comments

May 1st, 2008

HOW TO REDUCE WORKING CAPITAL REQUIREMENTS 1: Manage your accounts payable

Working Capital funds the cost of the labor & materials that go into the goods you sell or the services you render (i.e., your Cost of Goods Sold or Cost of Sales) and what you use to pay for salaries, rent, office supplies, etc (i.e., your operating expenses). In most businesses (specially where goods […]

By ren -- 6 comments

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