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

Market Research

When conducting market research businesses need to take risks and may be uncertain on the performance of those risks, however market research allows businesses to minimize the risk. Market research in a dynamic market can be difficult as it can be hard to gauge what is an acceptable metric and one that will not change or become inaccurate. Businesses invest thousands in trying to calculate what the next big trend will be and even more in advertising. Selling Products is the ultimate goal for market research, however it may allow a business to better define its product for market Dynamic… Continue reading Market Research

The Working Capital Cycle

The working capital cycle is a proportion of a businesses working capital that is used to allow a business to operate normally, it is the funds required by a business in order to continue trading efficiently. Without a business being able to calculate how much working capital it needs in order to operate, then it may find it hard to continue to function, the working capital cycle involves anything from inventory and supplies, to production and storage. Without proper working capital, it could lead to business failure. The Working Capital Cycle The working cycle has limited use as a single… Continue reading The Working Capital Cycle

Garbage in Garbage Out Data

When you signup for a website. You enter your information (or data). You don’t always get it right and could miss a box or spell your own credentials wrong (garbage), this data in an ICT system is very important that it is minimised. There are numerous ways that this can be accomplished. Data must be correct In order to have an accurate IT solution, your data must be correct, otherwise users may find your solution hard to use. It is important that you minimise GIGO through thorough data validation. Garbage in Garbage Out   When you enter data into an ICT… Continue reading Garbage in Garbage Out Data