Assessing Company Value

When individuals are interested in purchasing, investing or working with a company it may also be a good idea to assess it’s financial status, using public information available through government sources, two documents can allow proper assessment. A statement of comprehensive income and a statement of financial position. Statement of comprehensive income A statement of comprehensive income is a usually detailed report listing the inflows and outflows of capital of a business. They often include exceptional expenses and net profit for a business and subsequently can be difficult to follow but should provide a good understanding on how a business… Continue reading Assessing Company Value

Factors Affecting Sales Forecasts

Sales Forecasts are charts and graphs, equations and educated predictions that allow businesses to predict future sales with a degree of accuracy. Consumer Trends – People being proud of bargains and discounts. sales forecasts become harder to predict when consumerism changes. Economic Variables – Recessions, Booms and Recovery. Competitors Actions – loss leaders and pricing strategy may try to undercut you. Digital Music for example, as become harder to predict as people have found new ways to obtain it illegally. Fashion Items have an unpredictable life span. Businesses use a range of forecasting tools to make forecasts No single technique is… Continue reading Factors Affecting Sales Forecasts