Category: Financial Analysis
3 Reasons You Need Professional Help With Financial Data Analysis
Every business — no matter what the industry or field — eventually comes down to bottom-lines and profit margins. No matter how great a product or cause you might create and represent, it does no good if you can’t keep your doors open. That’s where financial data analysis tips for beginners and experienced business people […]
Author: iCFO Staff
ReadHere’s How Advanced Financial Analytics Software Can Help Take Your Business to the Next Level
Technology is advancing at a rapid pace over a multitude of industries, and the corporate world is scrambling to catch up. It seems as if the bottom falls out for a major corporation every single day, and you need the best tools possible to ensure that your company isn’t next on that list.
Author: iCFO Staff
ReadMake Better Business Decisions with 5 These Tips
Starting a new business can be difficult. Nearly one quarter of all businesses fail about one year after they open. Nearly 50% of all new businesses go under within four years. Many do not succeed, because they cannot get access to enough start up capital. Others go under because of sheer incompetence, which accounts for […]
Author: iCFO Staff
ReadSmall Business 101: How to Calculate Total Current Assets
When it comes to running a business, the difference between success and failure can depend on a multitude of things. However, some key aspects of maintaining a well-run organization are often overlooked by novice business owners, which can lead to failure. One of the most important factors of successful business ownership is taking the time […]
Author: iCFO Staff
ReadThe Importance of Utilizing Financial Statement Analysis Software for Small Businesses
Unfortunately, there is no step-by-step manual for running a successful, profitable small business. With so many outlying factors and variables that are beyond your control, it’s important to pay attention to the factors that are within your control, such as financial analysis.
Author: iCFO Staff
ReadBenchmark Analysis: An In-Depth Look
Running a business, big or small, comes with a set of difficult obstacles that must be successfully tackled before becoming truly successful. This is evident in the statistics surrounding small business failure:
Author: iCFO Staff
ReadFinancial Risk Analysis: An In-Depth Look
One out of four businesses fail after their first year. The number of failed businesses grows to 50% by the end of their fourth year in operation. About 5% of these businesses fail because of inadequate cash flow or sales. Many business owners know this is the way the corporate world works but don’t take […]
Author: iCFO Staff
Read3 Common Causes of Small Business Failure
We’ve all heard the terrifying statistics surrounding small business ownership. But putting aside the numbers surrounding how many businesses don’t make it,
Author: iCFO Staff
Read5 Steps to Take Before Starting Your Own Business
Owning and operating your own business is no small feat. While the United States economy thrives on small business, there is a lot of risk involved.
Author: iCFO Staff
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