CPA Firms In Houston

Accounting

Small Business Accounts Receivable

How To Forecast Accounts Receivable For Small Business

Forecasting accounts receivable (“A/R”) requires determining “average accounts receivable days” and “projected daily sales” and then multiplying average accounts receivable days by projected daily sales to figure forecasted accounts receivable. That is a mouthful, so let’s break out the above formula in more detail. Step 1 – Understanding the Formula’s Concept To understand the concept,

How To Forecast Accounts Receivable For Small Business Read More »

The Dangers of Not Protecting Your Margins During Perilous Times 

This is all about protecting your margins.  There are three situations that come to mind that come from “How To Sell At Margins Greater Than Your Competitors” that can derail a business when it comes to margin deterioration. Situation #1 – Cutting Prices to Sell More of Something  Most small and midsize businesses operate at a 10% net

The Dangers of Not Protecting Your Margins During Perilous Times  Read More »

Before You Go... Get Our "Best Of The Best" Reports When You
Grab a FREE Subscription to the Straight Talk Insider Monthly E-Newsletter

Every Month we will send you rock solid business and non-profit advice that you can quickly implement to generate more profits, peace of mind, and strategies FAST!