by BIPlan Team | Feb 15, 2020 | Debtor Management, Financial Management
Debtor Management Checklist Guide ABOUT Debtors are people or businesses who owe you money. Effective management of your debtors (often referred to as credit management) will help you get paid faster and prevent bad debts. It will also help you maintain a healthy cash...
by BIPlan Team | Feb 15, 2020 | Financial Goals, Financial Management
Financial Goals Checklist Guide ABOUT Gross profit is the profit a business makes after deducting the costs directly associated with making its products or providing its services. It’s a measure of two critical performance indicators:1. Is the business making...
by BIPlan Team | Feb 15, 2020 | Cashflow Management, Financial Management
Cashflow Management Checklist Guide ABOUT For almost every business, the most important component is access to sufficient working capital. Cash is critical to business success. While our focus might be on making sales and profit, if this is not translated into cash,...
by BIPlan Team | Feb 15, 2020 | Financial Management, Overhead Costs Management
Overhead Costs Management Checklist Guide ABOUT Management of overhead costs is critical to ensuring that a business is profitable. Overheads, sometimes called indirect costs are incurred by the business but do not directly contribute to the cost of the product or...
by BIPlan Team | Feb 15, 2020 | Financial Management, Products and Services Costs
Products and Services Costs Checklist Guide ABOUT One of the critical principles behind accounting statements is that revenues are matched with the related costs of providing the products or services from which the income is derived. This enables the profit of the...
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