Breakeven Analysis for SMEs
If you're a business owner, a breakeven analysis will help you determine when you will reach a breakeven point from the sales of your products or services.
What Is an Income Statement (Profit and Loss Statement)?
The three most crucial statements that businesses use to check their financial performance are the income statement, cash flow statement, and balance sheet. Learn what an income statement (also known as a profit and loss statement (P&L)) is and what it can tell you about the financial health of a business.
EBIT and EBITDA Explained
The abbreviations EBIT and EBITDA are commonly used by financial analysts when looking at business performance. These metrics can also help small business owners and investors, so here we’ll explain what they are and how they are calculated.
Gross Profit vs Net Profit – What’s the Difference?
You often hear the terms ‘gross profit’ and ‘net profit’ in relation to business results. Here we provide a brief explanation of these terms – plus gross profit margin and net profit margin – in relation to small business.
APR Unmasked: How to Really Compare Business Loan Rates
APR (Annualised Percentage Rate) is a key pricing metric when it comes to comparing business loans. Knowing the true cost of a loan can be complicated, especially with different lenders advertising different rates, under different terms.
Short-Term Business Loans – How to Choose the Right One
Short-term business loans, by definition, have loan terms up to 36 months. A short-term business loan could be the answer to your business finance needs. Here are a few of the short-term finance options that could work for you.
Federal Budget 2021: What’s In It for Business?
SMEs are being called the winners of the Federal Budget, which aims to boost confidence, help businesses grow, and increase employment. Several measures are an extension of those introduced in the budget released in October 2020. Most of the benefits to businesses will come through tax relief, while SMEs can also benefit from targeted support, technological advancement initiatives and measures to enlarge their share of government procurement. Here’s a roundup of how the budget will impact SMEs and support economic recovery.
Construction Business Loans – Understand Construction Business Finance Options
Construction business loans help to drive the economy. In Australia, the construction industry includes 1.1 million workers or 9.4 per cent of total employment, making it the third largest employing industry. Here we’ll examine some of the types of loans for construction businesses and how they can be used.
Cash Flow: What It Is and How to Improve It
Cash flow (sometimes spelled cashflow) is the amount of money (cash) or cash equivalents that move in and out of business. In other words, it’s the increase or the decrease of the amount of cash held by a business. Cash flow (CF) is a factor that people use to determine the viability of a business. If a company can generate positive CF on a regular basis, it’s beneficial for long-term success. On the other hand, businesses experiencing ongoing cash flow shortages are at risk of failure.
What Are Operating Expenses?
An operating expense is a cost that a business incurs through its regular business operations to meet day-to-day expenses. In accounting terms, the abbreviation OPEX (or OpEx) is widely used to refer to operating expenses.