When a company sold goods or services, it has the right to receive certain amounts of cash known as accounts receivable (AR). It is simply a fund owed by a consumer to the company for the rendered services. When funds are not yet collected, it will always be a company’s asset on the balance sheet unless the AR is created…
Knowing what you are getting yourself into as a business owner is important. You have to weigh things to see what works and what does not. You gather all the data available to back up your company’s visions. What you do is already a business analytics. Business analytics allows you to check all information for profits. By analyzing collected data,…