share Share to Facebook Share to Twitter Stumble It More...

follow Follow on Facebook Follow on YouTube Follow on Twitter

spacer spacer spacer
Certificate Course: Login 		spacer
spacer Start a business! An international nonprofit organization helping people succeed in business since 1992.

spacer
spacer spacer
spacer home | starting my own business | getting financial controls in place spacer
 
spacer
Session 1: Getting financial controls in place

Session Quiz

  1. How can a company predict future cash flow problems?
    2.

  2. It is in your best interest to have incentive compensation for employee to be paid:

  3. Annual debt service is generally three or more times the cash flow.

  4. It is a good idea to have the same person handling payables and receivables.

  5. Rapid delivery firms are a good tool to minimize your inventories.

  6. You will be required to have a compiled financial statement before going public.

  7. It is a good idea to create separate profit and loss statements for individual profit centers within the company.

  8. If you operate a cold store warehouse which of the following options are acceptable as a back-up for a potential loss of electricity?

  9. A reviewed financial statement meets the most rigid requirements of GAAP (Generally Accepted Accounting Principles).

  10. You should have at least two or three employees who are authorized to make changes to your Website.

 spacer spacer

spacer Deciding on a business | The business plan | Home based businesses | Financing the business | Business organization | Licenses and permits | Business insurance | Communication tools | Buying a business or franchise | Location and leasing | Accounting and cash flow | E-Commerce | Opening and marketing | Managing employees | Expanding and handling problems

Getting financial controls in place | Getting your team in place | Customer feedback | Achieving lowest expenses | Develop negotiating skills | Alternatives for capital allocation | E-commerce | Growth by duplication | Vertical integration | Franchising your business | Global expansion | Buying businesses | Public ownership | Selling your business | Considerations for family succession

The text of these materials, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storing in an informational retrieval system or otherwise, except for students own personal use.
Please review Terms of Use and Copyright Info, Privacy Policy, and Linking Policy.
Website - Sitemap

© 2003- My Own Business, Inc. All Rights Reserved

spacer