Business Financial Planning
Latest Contributing Articles
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Creditors Voluntary Liquidation
A company that cannot pay its debts is insolvent. If there is no hope of recovery it can go into voluntary liquidation. Assets are converted to cash to pay creditors.
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The Importance of Forecasting Cash Flows
A business that is profitable can still fail if it does not plan and manage cash flow. Small business are particularly vulnerable, especially when credit is short.
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Holiday Cottage Industry in Crisis
Alistair Darling's 2009 Budget report signalled the end of tax reliefs which may force many self catering property owners out of business.
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Foundations of Financial Management
Managing the finances of the company requires that management take into consideration different functions of cost capital, bond ratings and capital budgeting.
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Cost Plus Contracts
The major two contract types in government procurement are cost reimbursement contracts (or cost plus), and performance reimbursement contracts (or fixed price).
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Fixed Price Contracts
Fixed price contract agreements (also called performance reimbursement contracts) are one of the major contract types in government procurement.
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Global Credit Crunch Hits Business
The public is not the only group experiencing a credit crunch. Business is having a difficult time accessing needed credit, making the global recession even worse.
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Detroit Big 3 Carmakers Closer to Bailout
Detroit's Big 3 auto makers Ford, GM and Chrysler moved closer to having their rescue plan approved. At stake - an American car industry and potentially millions of jobs.
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Avoiding Chapter 11 Bankruptcy
Most Americans are not pleased with the developments in the state of the automobile industry, since millions of people face losing their jobs.
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Business Budgeting – Why and What
Budgeting is done for a variety of reasons. Many companies will use this to set benchmarks for managers and for bonuses, but this should not be the primary purpose.
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Small Business Tax Breaks for 2008
A little publicized tax break for small businesses was included in the Economic Stimulus Package. One time ceiling limits were raised on depreciation of expenses for 2008
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Business Capital Sources
If you don't really need a business line of credit right now, it may not occur to you to obtain one. When you do need it, though, it's going to be tougher to get.
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