Business Finance Essay - 705 Words

Understanding Your Business’ Finances: 7 Key Numbers You Need to Look At Most entrepreneurs focus on how they can make their products/services better, increase sales and earn a profit. However, business owners should realise that their income isn’t the only thing that they need to look at, as there are other important figures that they should closely monitor. Although a business may be hitting its sales quota, without looking at its key financial numbers the business might risk losing money instead of earning it. For example, if the sales price of a product sold is below the cost of selling it, the income from sales will not cover the expenses of running the company. To ensure that your business’ finances are on the right track, we†¦show more content†¦Figure out the key factors that are making your sales increase as this could help you retain the momentum. On the other hand, it is also important to analyse when there is a dip in your sales figures so you can make the correct adjustments. 5. Profit and Loss Statement – Your profit and loss (PL) statement is another crucial information tool to monitor as it provides you with a snapshot of the financial position of your business. This is calculated by subtracting the business revenue minus the expenses. If the number is positive, this indicates the business has made a profit, or if negative, then it means that a loss has been incurred. 6. Managing and Monitoring Inventory – Especially for retailers, it is essential to measure inventory every week. If you see an increasing inventory, it usually indicates that there is a sales problem. Regular monitoring of inventory will help prevent overstocking which leads to potential waste, and eventually, reduced profits. 7. The Quick Ratio – also known as ‘the acid test ratio’. The quick ratio is found on a business’ balance sheet and shows its financial stability. This number is measured by dividing the company’s current assets and its current liabilities. The ratio that you should end up with should be 1, which indicates that your business has more cash available than the current money it owes. Regularly monitoring these numbers can be tedious and not as exciting as making aShow MoreRelatedBusiness Finance Essay1901 Words   |  8 PagesMultinational Business Finance, 12e (Eiteman, et al) Chapter 1 Globalization and the Multinational Enterprise 1.1 Globalization and Creating Value in the Multinational Enterprise Multiple Choice 1) Which of the following are critical to a firm trying to reach the top of the firm value pyramid? A) An open market place. B) High quality strategic management. C) Access to capital. D) all of the above Answer: A Diff: 2 Topic: 1.1 Globalization and Creating Value in the MultinationalRead More Sources of Finance for a Business Essay2101 Words   |  9 PagesSources of Finance for a Business For a business to successfully run, it must have sources of finance. These are methods of financing the running of the business, buying of stock and paying of workers. Small businesses and large businesses have different sources of finance. In this section, I will discuss the different sources of finance used by small and large businesses, and the advantages and disadvantages of each, starting with small businesses. Setting upRead MoreBusiness Studies Essay Relating to Finance2046 Words   |  9 PagesManagement is a critical aspect of any business in order to achieve a sustainable and efficient cash flow. It is essential in maintaining the link between a business’s future financial goals (profit maximization) and the resources that it has in order to achieve its objectives. Businesses demand certain common goals that increase a bussinesss all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in all areas of the business whether it be management or not. AndRead MoreEssay about Business Finance DDM model759 Words   |  4 Pages 4629150-489839008 Fall 0008 Fall Part One : 1) Artic Cooling 2) National Heating amp; Cooling 3) HVAC Corp $15.19$0.82 = 18.52 $12.49$1.32 = 9.46 $48.6$2.34 = 20.77 PE ratio = 18.52 PE ratio = 9.46 PE ratio = 20.77 Industry Simple Average PE Ratio: 18.52+9.46+20.773 = 16.25 Ragan’s Stock Price: EPS of Ragan = $320,00050,000 X 2 = $3.2 Stock Price based on Industry Benchmark PE: 16.25 = Stock Price3.2 = 52 Thus , the stock price is $52 if the firm’s earning is 320,000. Read MoreBusiness Analysis: Sundaram Finance Limited Essay611 Words   |  3 PagesCHAPTER 1 INTRODUCTION 1.1 OBJECTIVE OF THE PROJECT The project was done in Sundaram Finance Limited. It is a Non Banking Financial Company which accepts deposits from customers, and gives out loans, and also performs leasing and hire purchasing functions. Vehicle financing takes up a huge chunk of the company’s operations. Among the three types of vehicle financing (Hypothecation, leasing, and hire purchasing), leasing is done majorly to huge and well performing corporate. So the need for creditRead MoreBusiness Finance Dish Network Anaylsis Essay10003 Words   |  41 PagesBusiness Finance Term Paper Assignment 2 DISH Network Submitted by: Andrew Pelkey November 20, 2012 For: Mr. Joel Rossmaier I certify that the content of this paper was written by me and that all sources have been appropriately cited: ______________________________________________________________________________________ Table of Contents Chapter 1: Introduction †¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 Chapter 2: Financial Ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 * Liquidity ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreTop 6 Personal Finance Software for Small Business Owners Essay examples881 Words   |  4 PagesTop 6 Personal Finance Software for Small Business Owners A personal finance software lets you track your budget, costs, and your overall finances. It can give you a clear picture of where your money is going. A personal finance software gives you a clear idea where your money is going, and where it has been through graphs and report. If you are planning for your financial future, reports provided by these tools are very useful. With a personal finance software, you can now have a complete analysisRead MoreDeveloping Process Of A Business Plan And Entrepreneurial Finance953 Words   |  4 Pageshow to formulate and operate an SME. This reflective essay, therefore, mainly focuses on two topics of SMEs: the developing process of a business plan and entrepreneurial finance, which is a key aspect for SMEs to operate successfully. Personal experiences and group behavior are blended into theoretical approaches to critically evaluate various financial aspects. Christopher Johns’ Model of Reflection is adopted in financial part of this essay where individual reflection is portrayed. Figure 1 providesRead More Accounting and Finance Essay1542 Words   |  7 Pagesrequired for a business or organization to effectively communicate its results and position to stakeholders, which is why accounting has come to be known as the language of business. Accounting is really the means for providing financial information to others. Financial analyst then take the data the accountants have compiled in the form of reports, and make educated guesses at what their company should do next. David ballast (1996) stated, The fact remains that accounting and finance are the primaryRead MoreMy Personal Learning Experience Of Corporate Finance And Investments Module Essay1202 Words   |  5 PagesThe following self-assessment essay will be a brief analysis of my personal learning experience of Corporate Finance and Investments module, and a brief description of my development planning. This essay includes four paths, therefore, I shall explain my motivation of studying particularly this module, my strengths and weaknesses, critical and analytical learning, as well as my future career expectations. 1.1 Motivation As stated by the business dictionary, ‘’Motivation is leaded by internal and

Virginia Woolfs Mrs. Dalloway - A Modern Tragedy Essay

Mrs. Dalloway - A Modern Tragedy The narrative of Mrs. Dalloway may be viewed by some as random congealing of various character experience. Although it appears to be a fragmented assortment of images and thought, there is a psychological coherence to the deeply layered novel. Part of this coherence can be found in Mrs. Dalloways psychological tone which is tragic in nature. In her forward to Mrs. Dalloway, Maureen Howard informs us that Woolf was reading both Sophocles and Euripides for her essays in The Common Reader while writing Mrs. Dalloway (viii). According to Pamela Transue, Woolf appears to have envisioned Mrs. Dalloway as a kind of modern tragedy based on the classic Greek model (92). Mrs. Dalloway can be†¦show more content†¦While Aristotles notion of unity is concerned with the causal ordering of events, Woolfs modern transformation of unity exists on the plane of character consciousness. Woolfs characters are presented in the act of reflection. Their streams of thought serve to link external rea lity with antecedent thought and mental imagery throughout the novel. This patterning of thought serves to connect characters and allows the reader to understand their similarities and differences. A sort of dialectic is presented in the comparison and contrast of Septimus and Clarissa. It involves Peter as well. This dialectic works as an underlying movement among these characters emotional responses to life. This serves to promote the sense of unity in the text. Although they never meet, Septimus is the silent partner of Clarissa. They are linked in a variety of ways. They share beaked noses, a tendency towards melancholia countered by difficulties feeling anything at all, and the loss of a significant other (Septimus has lost his best friend Evans in the war; Clarissa lost her sister to a falling tree). This dialectic promotes the novels interconnectedness through both the similarity and the variation of Clarissas and Septimuss thoughts, feelings, and imagery. Clarissa sees death as nothingness; Septimus sees it as everything. These positions are actually quite similar. In earlier days, Clarissa had toyed with Transcendental theory ofShow MoreRelatedMrs. Dalloway, by Virginia Woolf1696 Words   |  7 PagesIn the novel Mrs. Dalloway, by Virginia Woolf, the author uses narrative techniques of stream of consciousness and interior monologue in order to depict the workings of an â€Å"ordinary† or normal mind in narrative form. She also rejects the conventional structure of ‘chapters’ in order to give an â€Å"ordinary† portrayal of the mind. This essay will firstly contextualise the extract for analysis, namely the opening scene in the novel. This will be followed by defining the narrative techniques that is depictedRead MoreBig Ben As An Unbroken Reminder Of Inevitable Death1251 Words   |  6 Pagesthe air. He made her feel the beauty; made her feel the fun,† (186). An awful restriction presented throughout the novel, time is also bestowed as completely necessary for society to function. Virginia Woolf uses Big Ben as a tool to unite the characters whose lives seem so disconnected. To Clarissa Dalloway, the chimes serve as an unbroken reminder of inevitable death. With each ring, she sends waves outward into the dimensions of time and life, dramatically affecting those around her. Although disturbedRead MoreSocial Struggle : Mrs. Dalloway And The Picture Of Dorian Gray1439 Words   |   6 PagesSocial Struggle in Turn of the Century and Modern Narratives Throughout history there have been struggles in social relationships relating to class, race and sex. These struggles have been recorded in narratives such as Oscar Wilde’s The Picture of Dorian Gray, Virginia Woolf’s Mrs. Dalloway, Gene Luen Lang’s The Shadow Hero and Tate Taylor’s The Help throug ¬h the characters lifestyles, wealth/ lack thereof and behavior. Each of these authors, playwrights and artists give insightful portrayals ofRead MoreAnalysis the Use of Stream of Consciousness in Mrs Dalloway8784 Words   |  36 PagesAnalysis the use of stream of consciousness in Mrs Dalloway BY Qian Jiajia Prof. Zhang Li, Tutor A Thesis Submitted to Department of English Language and Literature in Partial Fulfillment of the Requirements for the degree of B.A in English At Hebei Normal University May 8th , 2009 Abstract As one of the representative writers of novels of stream of consciousness, Virginia Woolf has made important contributions to the development of the technique of stream of consciousnessRead More The Relevance of Aristotle’s Poetics to the World Today Essay1174 Words   |  5 Pagesdefinition of that order.   Over two-thousand years before Ondaatje wrote that line, Aristotle, in his Poetics, did attempt to define the order necessary for a work of art, whether it be literary, visual, or performance-based, to be successful.   But we, as modern critics and artists, must ask, can a theory proposed so many years ago still be worthy or interpretation and study today?   Even a quick look at the literature and the theater produced in the last couple of centuries would reveal the publics answer:  Read More Post Traumatic Stress Disorder as a Metaphor in Mrs. Dalloway, By Virginia Woolf2436 Words   |  10 Pagestoward the soldiers inspired Virginia Woolf to write Mrs. Dall oway. In this novel she shows us society’s attitude towards mental illness by featuring a post war veteran named Septimus Smith. The author uses Septimus’s struggles with post traumatic stress disorder as a symbol to illustrate the problems of a modern society that doesn’t understand how deeply the damage of World War One has affected people. An example of the difference between Septimus and the modern world as a whole is when the airplaneRead More A Room of Ones Own by Virginia Woolf Essay2187 Words   |  9 PagesVirginia Woolf, a founder of Modernism, is one of the most important woman writers. Her essays and novels provide an insight into her life experiences and those of women of the 20th century. Her most famous works include Mrs. Dalloway (1925), To the Lighthouse (1927), Orlando: A Biography (1928), The Waves (1931), and A Room of Ones Own (1929) (Roseman 11). A Room of Ones Own is an based on Woolfs lectures at a womens college at Cambridge University in 1928. Woolf bases her thoughts onRead MoreThe Sonnet Form: William Shakespeare6305 Words   |  26 Pagesbetween â€Å"mother† and â€Å"brother.† Perfect rhyme: An exact match of sounds in a rhyme. Slant rhyme: An imperfect rhyme, also called oblique rhyme or off rhyme, in which the sounds are similar but not exactly the same, as between â€Å"port† and â€Å"heart.† Modern poets often use slant rhyme as a subtler alternative to perfect rhyme. Rhyme Schemes Rhymes do not always occur between two successive lines of verse. Here are some of the most common rhyme schemes. Couplet: Two successive rhymed lines that are

Looking for Alaska Free Essays

Looking For Alaska In life we face many issues and challenges. Perhaps the most challenging time is when we are Teens. Being a teen means being in that time period when we feel invincible, reckless and we are still trying to figure out who we are. We will write a custom essay sample on Looking for Alaska or any similar topic only for you Order Now For Miles Halter, he was just like everybody else. John Green’s novel Looking for Alaska tells the story of Miles Halter, a shy teenager who transfers to Culver Creek Boarding School for his junior year of high school, in search of the â€Å"Great Perhaps. † While at Culver Creek, Miles faces many issues including trying to fit in, falling in love, and death. When Miles lived in Florida he had no friends. He would always eat lunch by himself and everybody picked on him. When the chance came up for Miles to go to a boarding school in Alabama, he begged his parents to let him go. When Miles arrived at Culver creek he was greeted by his roommate Chip. The first night at his dorm Miles was awoken to some boys who picked him up and threw him in the lake. For many teenagers moving to a new place means starting over. You get to make new friends and nobody knows who you are. The challenges kids face when moving, however is trying to fit in when everybody knows each other. The surroundings are new and you don’t really know anyone. For me moving when I was 13 it was the scariest thing in my life. I, like, everyone else had a hard time making friends, but eventually I did. Falling in love is also another issue teen’s face. When in high school there is always that boy or girl who catches your eye. When Miles started hanging out with his roommate Chip, he met Alaska Young. Alaska was the girl that didn’t care what anybody thought of her. She smoke, she drank, and she even pulled pranks, but Miles started falling in love with her. The issue that Miles had to face with falling in love was that he was starting to turn bad. Miles started smoking and drinking just to look cool for Alaska. I think many Teenagers do things that they normally don’t do to impress a girl or boy whether it’s good or bad. After a night of partying Miles wakes up and gets a phone call. The person explains to miles that Alaska got in a car accident while intoxicated and died. Miles thinks it is one of Alaska’s pranks and starts to laugh. When Chip opens the door sobbing, Miles realizes that what the person said on the phone wasn’t pulling a prank. Sobbing, Miles realizes that the girl he loved is dead. During her funeral, Miles is nowhere to be seen and is skipping class to get drunk and high. Many teens have to deal with a loved one dying. When a loved one dies many teens get the mindset that their live is not important without that person in it. All in all Miles did have to face more issues than many teens, but the struggles Miles had to face made him who he is. We all face issues during our teen live whether it’s trying to fit in, falling in love, or the death of a loved one. We must move on from these issues in the end, and they will make us the people we are. How to cite Looking for Alaska, Papers Looking for Alaska Free Essays Looking for Alaska is an amazing book that questions the meaning of life, and what happens to us after it. It follows three unique friends through a year at Culver Creek, a boarding school in southern Alabama. Looking for Alaska is told in the voice of Miles Halter, nicknamed Pudge by his roommate. We will write a custom essay sample on Looking for Alaska or any similar topic only for you Order Now Pudge is a quiet boy who memorizes people’s last words; he goes to the Creek to seek the â€Å"Great Perhaps. During his search he meets the Colonel and Alaska Young. The three friends learn about pranking, life, love, and sadly even death. Even though Pudge is the narrator of the story, the heart of the book really circles around Alaska Young, the namesake of the Novel. She is the reason I picked Baked Alaska as my food. Alaska is one of my all-time favorite characters. She’s super smart and loves reading but she has a wild side that can be quite dangerous. Alaska mesmerizes the people around her with her looks and wit, especially Pudge who falls completely and madly in love with her. Even when he first met her he couldn’t stop thinking about her, â€Å"All morning, I’d been able to care about anything else, not the Van Gogh poster and not video games and not even my class schedule† (Green 21). I’ve never eaten Baked Alaska, but I’ve also never met anyone as interesting as Alaska Young. This is a girl from a small town, with an older rocker boyfriend, who collects books like some people collect beanie babies, and melts candles into a volcano when she is bored. Pudge describes her library here, â€Å"Her library filled her bookshelves and then overflowed into waist-high stacks of books everywhere, piled haphazardly against the walls† (Green 15). I’m jealous; I wish I had a library like that. As well as interesting, Alaska was bi-polar. Baked Alaska is also bi-polar because it made of both cake and ice cream. With Alaska one day she could be bright, bubbly, and entertaining people with stories of past pranks and other shenanigans; the next she could be deeply depressed, extremely sarcastic, and snapping at anyone who dares to talk to her or discriminate against the female race. She tells Pudge, â€Å"Pudge, what you must understand about me is that I am a deeply unhappy person† (Green 124). This is completely understandable because she lost her mother at a very young age and blamed herself for it because she didn’t call 911 in time; she was only seven at the time. Her depression is shown in her reckless behavior, bad habits, and interest in the afterlife. One of her most powerful quotes was said with a smile on her face, â€Å"Y’all smoke to enjoy it. I smoke to die† (Green 44). There is a lot of foreshadowing in this book, as well as great imagery, and amazing characters. Just like how Baked Alaska eventually melts and goes away when you eat it, sometimes so do characters, but they live forever in our hearts. Work Cited Green, John. Looking For Alaska. New York: Penguin Group, 2005. Print. How to cite Looking for Alaska, Essay examples

Innovation Business Model

Question: Duscuss about the Innovation for Business Model. Answer: Introduction: Innovation may be a firms most important powerful tool and assume to be a key driver of the value system in the organization. The following evaluation explicates the organizational characteristics and efforts of Amazon and discusses how that facilitates the innovation process. Organizational Characteristics and Innovation in Amazon Amazon boasts of an organizational culture that facilitates the business capacity to respond to the needs and demands of e-commerce domain. The corporate culture of Amazon drives the resources to stretch beyond traditional limits resulting in the creation of bright ideas and solutions (Cuthbertson, 2015). Being a top-performing retailer, the firm impels its resources to take risks and seek new opportunities and innovative processes in ecommerce business. Amazon believes in the business model of innovation which allows the firm to operate with a diverse portfolio of customer value plans. As far as culture is concerned, a continuous focus over the innovation which keeps the firm connected to its philosophy something which is envied by large conglomerates. Amazon continually strives to reinforce the workers focus over customer needs and attempts to integrate their preferences in its plethora of services and solutions (Gassmann, 2016) Evaluation of Innovation Efforts in Amazon At the outset, it is important to learn various innovation efforts in the organization based on the level of their familiarity. One of the most significant aspects of Amazon is its value creation through the process of innovation as a part of core operations. 1-click checkout is Amazons patented innovation which results in a reduction of the buying process. One single click and the purchase is underway(forbes.com, 2016). On the other hand, drone delivery is an idea meant for the future. It means that the items would be delivered within a span of thirty minutes bypassing traffic congestions and other hindrances. Such inventive ideas are a good example of sustaining innovation that can have a far-reaching effect in the popular sense. The firm observes the fact of BMI or business model innovation. Amazon discovered a new channel to the consumer through technology by the elimination of customary direct relationships with suppliers. It is important to learn that Amazon was not the first e ntity to own a retail store. The firm overhauled traditional retail model of business and dynamics of consumers shop. AWS or Amazon Web Service is another innovative tool which creates web-scale cloud computing cheaper and also more accessible(Cronin, 2014) Conclusion Amazons culture ensures that the firm creates pioneering ideas and solutions which not only surpasses customer expectations but also carved the niche for revenue and growth of the organization. Reference list Bloomberg, J. 2016. Amazon: Innovation Engine Or Spirit-Crushing Hellhole? Five Must-Read Articles. [online] www.forbes.com. Available at: https://www.forbes.com/sites/jasonbloomberg/2015/08/30/amazon-innovation-engine-or-spirit-crushing-hellhole-five-must-read-articles/#639c5a245143 [Accessed 31 Aug. 2016]. Cronin, M.J., 2014. Amazon Fast Tracks Transformation. In Top Down Innovation (pp. 49-60). Springer International Publishing. Cuthbertson, R., Furseth, P.I. and Ezell, S.J., 2015. Explaining the Amazon Economy and the Need for a New Model in Innovation. In Innovating in a Service-Driven Economy (pp. 5-9). Palgrave Macmillan UK. Gassmann, O., Frankenberger, K. and Csik, M., 2016. Innovation Strategy: From new Products to Business Model Innovation. In Business Innovation: Das St. Galler Modell (pp. 81-104). Springer Fachmedien Wiesbaden.