While he was VP of accounting, the steel mill was losing money and about to be shut down. When he talked to the board of directors about his ideas for turning it around, they elevated him to CEO. Before he took the lead, there was a very tense animosity between management and the union. CFOs […]

The Growing plan is best suited for growing businesses, grants the same capabilities in addition to the ability to send unlimited quotes and invoices, enter unlimited bills, and reconcile transactions in bulk. Remember that your cash flow management is less about what you have coming in and out and more about when your money moves. […]

The use of earnings before interest and taxes is not limited to its calculation. Still, it is also used as input while calculating financial ratios like operating margin, interest coverage, etc. Also, to calculate the degrees of various leverages, we need to calculate EBIT. And if non-operating expenses are minimal, company performance is likely strong, […]

The use of earnings before interest and taxes is not limited to its calculation. Still, it is also used as input while calculating financial ratios like operating margin, interest coverage, etc. Also, to calculate the degrees of various leverages, we need to calculate EBIT. And if non-operating expenses are minimal, company performance is likely strong, […]