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Cash flow is the real cash that is available in your business. Negative cash flow is when your business is spending more than it is earning in a given period. For example, let us say your revenue was

Small business management is no easy feat. It requires hard work, smart work, time, dedication, patience, and skills. However, with a clear mind and determination to make your small business

Inventory management is an essential process in many different businesses ranging from retail sales to manufacturing industries. Good inventory management is crucial to the success of these businesses

Warehousing is the storage of manufactured products or goods to be sold later. A warehouse is usually a space that is specifically designed for storage. It may be owned or rented by the manufacturer.

Accounting is an essential part of running a business whether big or small. It is the process and method of recording, analysing, summarising, and extracting reports about the transactions

Economic order quantity or EOQ is used in cost accounting to calculate how much optimum inventory levels of a product should be maintained to prevent understocking and overstocking.

Let us begin by exploring the zero based budgeting meaning. Zero based budgeting or ZBB is budgeting with a reset button as it starts with zero after every period. Every new budget that is created

Life cycle costing is a method of adding up all the costs associated with an asset starting from its initial cost to its end of life. It does not take into account the salvage value or residual

An audit is an investigation and assessment that ensures the accuracy of information presented by a business. Let’s check 9 different types of audits.

Chart Of Accounts is a list of accounts that are present in your business’ general ledger. Let’s understand what is COA and how to create & organize it.

Inventory consists of raw materials used to produce goods & the end products that are ready to be sold to customers. Check types of inventory or stock for retailers & business.

Accounting is consolidating the financial transactions of a company that involves recording, analysing, reporting & retrieving. Understand fundamentals of accounting.