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5 Ways to Improve Your Business Financial Management

Up and Running

Ongoing financial planning and forecasting are critical for business growth. Now, managing and analyzing your business finances doesn’t have to be a frustrating process. Now, managing and analyzing your business finances doesn’t have to be a frustrating process. Invest in financial management technology.

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What Is a Balance Sheet?

Up and Running

If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. Now that we’ve had a general overview of the balance sheet, let’s take a deeper look at the information a balance sheet should include.

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How to Conduct a Plan Vs Actual Analysis With Spreadsheets

Up and Running

I used plan vs. actual analysis once a month, comparing forecasts and budgets to actual results since I started Palo Alto Software back in the 1980s. Short of some extremely expensive budgeting software for corporations, that was the only way to do it. Forecasting and budget math is usually simple. Categories matter.

Forecast 147
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How Plan Vs Actual Comparison Helps You Manage Your Business

Up and Running

Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also called variance analysis, is essential to better business management. And planning means tracking the actual results , comparing them to the original plan, and managing the difference. What is plan vs actual? Start with your plan.

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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

In the last several years, we’ve seen a number of new online services and software that are designed to help business owners track their income and payables. What kinds of habits should an entrepreneur cultivate so that financial management is done in an ongoing manner?

Finance 217
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Cash Flow

Up and Running

Download this free ebook and you’ll learn cash flow basics, how to build a cash flow statement for your business, and the best ways to manage your cash flow. Watch Palo Alto Software’s CEO, Sabrina Parsons, explain cash flow. How to forecast and manage your cash flow. Learn more about the basics of cash flow.

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Better business forecasting – Part Two

NZ Entrepreneur

In Part 1 of this two-part series on forecasting, we discussed why it’s important for any size or type of business to get into the habit. Then we looked at four ways to help improve your forecasting accuracy. Does the forecast stack up when you express it in non-financial terms? Step away from the forecast.