Inflation is a general increase in prices and a common measure of inflation is the Consumer Price Index (CPI). According to The Bahamas Department of Statistics, as of December 2021, CPI is 113.24 with a 4.1% annual perc...
The performance of a business depends on various factors, strategy is one of them. Business strategies should be determined by considering the company’s objectives and goals, industry trends, nature of the entity, and bu...
Previously, we discussed analyzing the balance sheet. Let’s continue the series, Fundamentals of Analyzing Financial Statements, by exploring the income statement. As a business owner, your main financial goal is to make...
In the first financial blog post, I explained the steps of creating a business financial plan. The second post gave insight on break-even analysis. This post will introduce the series: Fundamentals of Analyzing Financial...
As a business owner, it is crucial to measure your business’s financial success. There are various formulas, ratios, and analyses that measure a business’ financial progress. This article will outline the break-even anal...
Having a business idea is great; however, execution is more important. A business plan strategically outlines and explains quantitative and qualitative factors that will develop a business idea into a marketable product ...