Financial Management & Reporting

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Saving: Rule of 72

Benefits: This worksheet is set up to be used to illustrate the “Rule of 72.” You can readily calculate how long it will take your money to double by dividing the number 72 by the interest rate. For example, at 2 percent interest, it will take approximately 36 years for invested money to

Selling Your Business

OBJECTIVE: Selling your business is not a process you can turn over to your broker, lawyer or CPA, although you will need all their services. This session covers what you should know before selling your business. Deciding when to sell Selling your business is a process Careful planning is necess

Business Valuation Methods

There are a number of instances when you may need to determine the market value of a business. Certainly, buying and selling a business is the most common reason. Estate planning, reorganization, or verification of your worth for lenders or investors are other reasons. Valuing a company is hardly a

Managing Debt

For a growing business, having a manageable level of debt can be an effective way of doing business. While some small business owners are proud of the fact that they've never taken on debt, that's not always a realistic approach. Growth often demands considerable capital, and getting that money may

Preventing Employee Fraud

Embezzlement and other kinds of financial fraud are perhaps the most common kind of employee theft. Small businesses tend to fall prey to this swindle because they don't have the controls in place to prevent it. Use the tips below to help protect your business from unethical staff members. Keep duti

Analyzing Financial Position

Provided by Potential.com, Content Partner for SME Knowledge UAE   This video explains some important ratios to track and help improve the cash flow.    

Four basic elements for effective financial management

Provided by Potential.com, Content Partner for SME Knowledge UAE   Basic elements for effective financial management. This video explains the four basic elements for effective financial management: Budgeting & forecasting, bookkeeping, optimizing cash flow, reporting.   

Optimizing your cash flow

Provided by Potential.com, Content Partner for SME Knowledge UAE     The most important part in a business is maintaining and increasing cash flow. This video explains the steps for optimizing cash flow by increasing the company cash flow through credit facilities.  

What is required to manage our financials well?

Provided by Potential.com, Content Partner for SME Knowledge UAE Understand the difference between traditional and innovative approaches to managing financials.

Why is it important to manage our financials?

Provided by Potential.com, Content Partner for SME Knowledge UAE Understand the importance of proper financial management and applying accounting methods.      

The Accountant: Your Trusted Financial Advisor

Provided By Potential.com, Content Partner for SME Knowledge UAE As a team member in a dynamic business environment, accountants take on a highly visible profile. Accountants have a simple and elegant tool for getting a fix on a company’s financial status; it is called the Accountin

Analyzing Financial Statements

Provided By Potential.com, Content Partner for SME Knowledge UAE Digging for the facts, sifting through information, checking reliable sources... it’s all part of the modus operandi of every good financial analyst. Financial analysis is an investigative process. The need to know the

Proper financial management and its business implications

Provided By Potential.com, Content Partner for SME Knowledge UAE The term “financial management” refers to the science of money management, which entails planning for the future of a business enterprise, includes the administration and maintenance of financial resources at dis

Can you handle it? Strategies to maximize your business capital

Provided By Abu Dhabi Commercial Bank (ADCB), Strategic Partner for the SME Knowledge UAE It’s a reality that the vast majority of SMEs won’t be in a position to afford an experienced Chief Financial Officer – which means that hard-won sums of money may not be used to le