Have you ever felt a slight disconnect between how much money you think that your business generates verus how much money actually lends to your account? We are pretty sure you did! And the reason for that is because most SMEs are well aware of...
If you think about investing or bring investors to your business, you may need to learn how to calculate the weighted average cost of capital (WACC) Why? Well, as we often say here at Freenvoice: When you don’t know your numbers, you can’t tell how much money...
As the name implies, a tax extension allows you to postpone the filing of your annual tax return (but does not waive the payment due!). Requesting a tax extension may be a wise move when you have incomplete tax documentation and want to avoid late...
Getting paid (and getting paid on time!) is one of the biggest hurdles of small business owners. As we well know, invoices often stay unpaid beyond the due date. Third-party payment processing apps charge stingy fees and setting up customer credit card processing can be...
The times interest earned ratio (TIE) is one of several figures that you can use to determine a company's debt ratio or your business's solvency. So that's a handy number to know, right? In this post, we'll explain what kind of information TIE can communicate...
If you’re considering an income property, it only makes sense to learn its value. Failing to calculate this correctly could result in a significant loss of your company’s investment capital. That’s why it’s important to understand what cap rate is, and how to calculate it. What...
How do you know when a project is worth the investment? When is it worthwhile to spend a significant amount of money on new equipment or other business improvements? To answer these questions many businesses rely on the profitability index. What is the Profitability Index? Sometimes the...
The government is generally “nice” to businesses in terms of their tax liability. In fact, the corporate tax rate is as low as it has ever been. Large enterprises are really benefiting. But what about the little guy? Well, there is help out there for...
You’ve decided it’s time – time to become a business owner. But instead of building a venture from the ground up, you’d rather buy an existing company. You have spent months researching potentials, matching them with your interests and expertise. Finally, you have found “the...
When a consumer feels he has been harmed by a company, they often sue. And because companies want to protect themselves, they buy liability and/or errors and omissions insurance. In some cases, companies also bond their workers – usually those who are sent out to...