What's my business worth? That's the question we set out to answer for the millions of Small Business owners around the globe. But how do you respond to a question that has multiple answers depending on an abundance of inputs?
If I was to ask you how your company is performing, what would you say? If I was to guess at what you would say it may sound something like the following - "We are doing pretty well, you know how it is." Now, that's not necessarily a wrong answer, but it most definitely lacks for specifics.
What do you think of when you hear the word forecast? If I had to venture a guess, the first thing that comes to mind is the weather. That makes sense. Every day we receive forecasted information specifically related to the weather.
Every day, you as a small business owner face competing priorities. These include where to focus not only your time and attention but also your resources. With every changing priorities, it would be nice if there was a roadmap that guided you to small business tranquility.
Running a Small Business is anything but easy. As a Small Business Owner the majority of your time is spent just trying to keep the lights on and fighting the next fire.
But there comes a time when every owner needs to decide whether or not they will and can grow their Small Business. But exactly how to grow your small business is challenging.
In a previous post, we introduced you to financial analysis by analyzing an Income Statement. In this post, we are going to take your financial analysis skills one-step further and learn how to analyze a Balance Sheet.
Today we are pleased to announce three significant updates to Bookvalu.
The first enhances the accuracy of our financial forecasts. The second reduces the data requirement from 3 years to 6 months which means that newer companies will now have access to forecasted financials. The third is the addition of the monthly view to give you a more detailed look at your company's forecasted financials.