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cash balance Tagged Articles
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Where Did All My Cash Go?
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| We hear this all the time from small business owners. They look at their Profit & Loss statement (a.k.a. Income Statement) which shows all this activity in their business, and yet their Balance Sheet (and checkbook) show little to no cash! So where did it all go?
A big challenge for a lot of business owners is understanding the difference between profit and cash flow. While the P&L may be showing growing sales and profit, the owner may notice that their cash balance is shrinking or that they are struggling to meet payroll. |
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Apple won't: a) buy EA, b) buy Twitter, c) launch its own game console
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| Tough economic times or not, Apple is rolling in dough. It has an US$29 billion cash balance, so this has led to some crazy speculation on what Apple will do with the moolah. There's been talk -- crazy talk in my opinion -- that Apple will buy Twitter and/or Electronic Arts.
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The Bank Reconciliation: Your Most Important Navigational Tool
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| A discussion as to why the bank reconciliation is the heart of your business bookkeeping and how it serves as an important tool in monitoring cash. |
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An insolvent business is a bomb waiting to explode- how solvent is yours?
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| Every business, be it a huge corporation or a small home-based business, will encounter some cash flow problems at one point or another. It becomes a serious issue when your business seems to be in financial difficulties on a continuous basis. If this rings true to your business, then you may need to take a long, hard look at how solvent your business really is. Insolvency is when a company is unable to pay its debts when they become due. In other words, the business is spending more than it is earning. |
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