Avoiding default on a bank loan requires careful financial management and proactive communication. Here are practical steps to help you.
Posts tagged as “Overdraft”
Cash Flow Forecast helps to ensure that the Cash Flow position of a firm is carefully monitored to identify any potential problems before they occur.
The main aim when solving Cash Flow problems is to improve the cash position of the business, not to increase sales revenue or maximize profits.
This article introduces the main parts of a typical Cash Flow Statement. All Cash Flow Statements record essential predictions grouped into five basic sections.
Every business must be able to pay for its day-to-day expenses. In order to finance them all, the business must have sufficient Working Capital.
Quick Ratio (Acid-Test Ratio) is ratio between the most liquid assets and Current Liabilities. It deals with the firm’s most liquid assets.
Current Ratio is ratio between Current Assets and Current Liabilities. It compares Current Assets with Current Liabilities of the business.
This article is about different types of costs in a business. Let's consider costs when producing one type of product and many types of products.
A long-term bank loan is provision of finance by the lender to the business for a long period of time. The lender is a commercial bank.
Businesses use trade credit to delay payments to their suppliers. They negotiate payments to take longer to pay outstanding invoices.