An introduction to the ways in which the health of a business is determined. The shortcomings of balance sheets and income statements are used to demonstrate why additional financial calculations are valuable.
Series: Cash Flow And Financial Ratios
Subject: cash
Transcript: DID YOU EVER WONDER HOW MUCH CASH YOU COULD COME UP WITH A HURRY? IF YOU REALLY HAD TO. WELL, THIS ISN'T AN EMERGENCY OR ANYTHING, I WAS JUST
This clip looks at the importance of formulating a credit policy. Factors that play into such a policy include: what the competition is doing; whether to finance credit or only accept major credit cards; how to run credit checks if financing credit;...
Subject: cash
Transcript: OFFERING CREDIT, THEN THE ENTREPRENEUR IN ORDER TO BE COMPETITIVE, MAY HAVE TO OFFER IT TOO, IF THE COMPANY HAS ENOUGH CASH TO CARRY IT'S RECEIVABLES. ONCE
How businesses make a profit. Discusses the advantages of cash discounts to the sellers as well as the buyer.
Subject: cash
Transcript: BE SHIPPED COD, OR CASH ON DELIVERY, WHICH MEANS THAT THE BUYER PAYS FOR THEM IN FULL THE MOMENT THEY'RE DELIVERED. THE TERM FOB MEANS FREE ON BOARD
This clip explores the pros and cons of starting a business vs. buying an existing firm.
Subject: cash
This clip talks about the importance of managing cash flow, noting that the cash requirements of any company are constantly changing and that sales
Subject: cash flow
Transcript: NARRATOR: IN ANY BUSINESS, THERE IS A CONSTANT FLOW OF CASH. CASH COMES IN AS CUSTOMERS PAY FOR GOODS AND SERVICES; IT GOES OUT AS THE BUSINESS