When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...
A smart business person understands that a company doesn't pay its bills with "profits." It pays them with cash. Profit is just an accounting term; cash is money. A company can show a profit and yet ...
Cash is what keeps your business functioning. You obviously need profit, but equally as critical is your cash flow. It’s important to know the financial health of your business, which is why you need ...
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How to Examine Your Company’s Cash-Flows
In the world of entrepreneurship, we often hear stories of companies reporting huge paper profits, only to fail and declare bankruptcy in the end. This puzzling contradiction lies in the fundamental ...
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