Cash is king, and that is especially true for small businesses. As an owner or manager, you mustkeep an eagle eye on cash balances to ensure the financial stability of your company. You don’twant to be caught in a situation where it’s Monday, cash reserves are low,...
In our last article, we highlighted three ways to analyze financial reports. As we discussed,documents including the income statement and key performance indicators (KPIs) such ascurrent ratio and quick ratio can give you valuable insight into what’s going on in...