Whether you’re an executive or a creator, knowing your break-even point is crucial to monitor your business. Let’s discover this indicator and its usefulness for your business.
Finance is undergoing a revolution in the corporate world. It must now transform itself and play a crucial role for the stability and growth of the company: becoming a superhero of profitability.
Inventory management is a crucial element for companies that can quickly cause some financial or structural problems when they are mismanaged. Let’s see together the value of putting in place an inventory tracking and some useful indicators to make your decisions.
If there is one indicator that financial analysts and bankers like to ask companies, it is the Need for Rolling Funds (BFR). You will often hear from a consultant advising you to manage your BFR. We will describe this indicator that may seem difficult to grasp and show how to best master this famous BFR within your company.
In many cases, accounting, management and finance are confused and sometimes reduced to simple accounting entry. However, these are three different functions within the company, and each has its own importance.
If there is one thing an entrepreneur needs to master, it is the numbers. Being able to run your business based on reliable and regular data through dashboards is a real asset as a decision maker.