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Operational finance plays a big role in keeping a company financially healthy—it covers the day-to-day work and how resources are managed. But when you pair it with strategic financial leadership, it becomes a powerful way to balance today’s needs with tomorrow’s goals. CFOs who can handle both sides—operational and strategic—are in the best position to … Continued
Business leaders and accountants keep an eye on cash flow performance to help make smart investment choices and hit the company’s short-term financial targets. Understanding cash flow is key to figuring out how financially strong a company is. There are two ways to prepare cash flow statements: the direct method and the indirect method. While … Continued
As an entrepreneur, it is your responsibility to maintain a healthy and good credit utilization ratio to enjoy long-term benefits in your business. So, what are these benefits? These benefits include improved credit scores, access to easier credit solutions, and better debt terms. Here in this article, you will learn about the credit utilization ratio, … Continued
Every business owner should spend time understanding the revenues of their business. Why? Because financial forecasting in this dynamic market can only help your business to grow exponentially and consistently, companies need financial forecasting to predict their future revenue streams, spending patterns, and money flow, which enables them to make decisions based on solid information. … Continued
Every business needs a good credit score to demonstrate its financial trustworthiness in the market. It functions similarly to personal credit scores, but it specifically pertains to the performance of the company. Business lenders and suppliers use various scoring systems to evaluate potential financial risks. The business credit score determines access to optimal financing options … Continued
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