Is it important to monitor a cash budget only in times of a liquidity crisis?
Here is an excerpt from an article that I wrote for my business newsletter several years ago: Many entrepreneurs struggle to understand the difference between cash flow and profits. Although a business needs to have both to survive, cash flow is the more critical of the two. Cash flow simply refers to the flow of cash into and out of a business over a period of time. It is what you need to have to keep your doors open while you
What is the average amount that a business can expect to pay for commercial rent?
There are too many possible variables to answer this question. Among other factors, it will depend on ... * How much space do you need? * Is this retail space or office space? * What part of the US or world are you located in? Try asking a new question with more details, such as "How much does 2000 square feet of retail space cost in the average American mall?" or "How much does high-end office space cost in downtown Manhattan?"
What was the average income for small business owners in 2005?
Salary.com did a survey in 2006 of business owners and CEO's salaries. The survey shows that the average income is around $233,000. Note that this salary is in fact under the threshold that Obama would raise taxes on, so Obama will not raise taxes on the average small business owner. Also, this survey defined "small" as having 500 employees or less which is fairly liberal and certainly not what most Americans think of as a small business. I believe this is incorrect:
I believe its $258,400.
"According to the survey, the national average salary for the CEO/Partner/Owner job function is $258,400"
I also believe Obama's thresdhold is $250k/$200k (Family/Single) An important note also is that 98.1% percent of small-business filers have income too low to be subject to either of the top two tax rates. Since the floor of these is below $250,000, then 98.1% of small business filers will not see any increase with Obamas plan.
http://www.cbpp.org/8-29-08tax.htm ---Incorrect Definition of Small Business--- The definition of "small business" used for that survey is actually too narrow. The small business administration uses various factors, including revenues, for determining what a "small business" is and these factors vary by industry. A small business is an concern that is organized for profit, with a place of business in the United States, and which operates primarily within the United States or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor. Further, the concern cannot be dominant in its field, on a national basis. Finally, the concern must meet the numerical small business size standard for its industry. SBA has established a size standard for most industries in the U.S. economy. The most common size standards are as follow: 500 employees for most manufacturing and mining industries
100 employees for all wholesale trade industries
$7.0 million for most retail and service industries
$33.5 million for most general & heavy construction industries
$14.0 million for all special trade contractors
$0.75 million for most agricultural industries About one-fourth of industries have a size standard that is different from these levels. They vary from $0.75 million to $33.5 million for size standards based on average annual revenues and from 100 to 1500 employees for size standards based on number of employees. Several SBA programs have either alternative or unique size standards, such as the Small Business Investment Company Program.
Policy rates are dependent on too many factors, you will need to contact a few agents and request quotes.
What is the difference between Activity-based costing and traditional cost accounting?
Activity-based costing is a more accurate cost management system than TCA. One would use the ABC method when overhead is high, products are diverse, cost of errors high and competition is stiff.
Traditional Cost Accounting is unable to calculate the 'true' cost of the product. TCA arbitrarily allocates overhead to the costs of objects. Total company's overhead is allocated to the products based on volume based measure e.g. labor hours, machine hours.
Work overtime or get another job.
What are the roles on the national planning commission in terms of budget process in namibia?
Is to draw up the budget and table it
What are the similarities between public sector accounting and private sector accounting?
Both sectors of accounting system must keep everything organized very well. You also want to make sure that more than one person sees every piece of accounting paperwork.
Where can you find a sample TV commercial budget?
You can find hundreds of budgets ranging from no-cost DIY films on up to mufti-million dollar Hollywood extravaganzas in the files on ReelGrok. At https://reelgrok.com, ReelGrok's latest Featured Member discusses his latest film, "Career Courier," and posts the complete production budget for this very low cost documentary.
No other online resource offers as many professionally made, working budgets.
Avoid "instant" budget-making services. They only provide a false (and temporary) sense of security. Filmmakers (and their investors) need more accurate budgets. Samples and guides from ReelGrok are great for background reference, but a veteran line producer should make your budget.
Near the end of scene one what do you learn about Blanche's husband?
He was involved in an affair with another man. Blanche found out about this and when she was drunk called him worthless. He committed suicide because of this.
What are the disadvantages of knowledge based systems?
These are the only two I can come up with:
**Inability to deliver the expected performance outcomes
**Usability: Some users are not capable enough to use automated tools to get required information.
If anyone has more disadvantages please let me know. Thanks
When did the fiscal year for the us government begin and end?
In the United States, the fiscal process of the federal government begins each February with the president sending to Congress a proposed federal budget for the coming fiscal year, which begins in October.
How does real GDP affect unemployment rate?
Real GDP is a measure of the economic output of a country. The absolute measure only tells you what that output was for a particular period. The more important measure for employment is the difference between real GDP and a theoretical real GDP which economists use to calculate the maximum output of an economy. When the gap between real GDP and maximum output GDP is large, the unemployment rate will be large and vice versa.
What are examples of variable cost in business?
Variable costs are costs that typically vary in conjunction with the Company's volume of sales. For example, if we sell an additional unit of X, we will need to purchase unit Y which is one of the component sembedded in unit X.
When does the purchasing power parity theory work well?
The PPP theory seems to work well in the long run when the differences in inflation rates between two countries are relatively large.
What is the advantages and disadvantages of the rolling budget system?
What is the Difference between budget and actual expenditure?
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
Which is not a way the government can make up for a budget deficit?
One way that the government cannot prevent a budget deficit is by selling stocks.
Companies make capital investments to earn a return. This is like individuals wanting to make money when they invest in stocks and bonds.
What data do you need to collect to construct a cash flow budget?
You will need three important pieces of data to construct a cash flow budget. The data you need are possible cash payments like loan and tax payments and rearrangements, sales forecast, and likely cash receipts like loans, grants, and tax refunds. Another item to consider is the time period, but that will depend on the size of your company.
Who is responsible for making the budget?
Depends what type of business you are talking about, but I believe it is normally a Chief Financial Officer (CFO) for larger companies. Since this question has been placed in the US Government category, I assume the questioner means who in the US government creates the budget. The President creates the budget then it goes to Congress for its approval. It approves of it by passing a law adopting it.
What is a consolidated cash flow statement?
Consolidated cash flow statement shows the cash inflows and outflows of parent company together with all subsidiaries of that parent company at one place to show the complete picture of business.
What are the advantages and disadvantages to a business of granting credit to customers?
Many businesses grant credit to clients in order to attract their business For example a client that has a 30 day account can under the right circumstances have as long as 60 days to pay a bill on time. also by extending credit clients tend to phone you first when they have an account. The disadvantages are that you have to use your money to cover stock that others are using And the worst disadvantage can be that you don't get paid,