Tag: Accounts Receivable

Five Ratios that Business Executives Need to Understand

Executives need to understand that ratios are derived from the key components of a business’s financial statements and those ratios need to be viewed as a system that interrelates a business’s financial statements and operations. Ratio 1 – Gross Margin Percent:  All businesses have different expenses that total up to cost of goods sold (COGS),…
Read more

A Publisher’s Cash Management Plan – Part 3 – Asset-Based Lending

by Daniel R. Siburg, CPA, CVA & Howard Fisher Asset-based borrowing for any company is a blessing and a loss of control at the same time. This article is will discuss the key points you need to know about asset-based lending. First however, some background. Nature of the Book Trade Traditionally the publishing industry has…
Read more

A Publisher’s Cash Management Plan – Part 2 -Managing Your Accounts Receivable

By Daniel R. Siburg, CPA, CVA & Howard W. Fisher Accounts receivable is a topic that every publishing company knows about, but does every company manage their accounts receivable? A publisher’s cash management plan will always include accounts receivable management. While publishers may think that receivables are trade accounts receivables, there are several types of…
Read more

A Publisher’s Cash Management Plan – Part 1 – Managing Your Cash Flow

Part 1—Managing Your Cash Flow By Daniel R. Siburg, CPA, CVA & Howard W. Fisher The growth and survival of your business depends on active management of one asset—cash. The simplest cash control is the mantra “Never overspend!” However, many moving pieces are involved in managing cash and we are going to cover the major…
Read more

Preparing the Company for Sale: What Buyers Want to See

By Daniel R. Siburg, CPA, CVA & Howard Fisher Potential buyers for a company generally look hard at certain aspects of it, and vanish if they do not like what they find.  Fortunately, the same practices that will help you run the business more efficiently and effectively on a daily basis will also help you…
Read more

Cash is King of the Balance Sheet

By Daniel R. Siburg, CPA, CVA and Howard W. Fisher Every business owner or manager knows that to pay the bills, make payroll, or buy capital equipment, the company needs cash. The issue for business owners and managers is to manage the cash resource applications in mind and especially during cash flow shortfalls. Why Cash…
Read more

Five Options for Utilizing Free Cash Flow

By Daniel R. Siburg, CPA, CVA Envision free cash flow for a business, to the tune of $25 million. The question is: What’s management’s wisest use of that extra cash? There are numerous ways for a business to use additional working capital, and here are five major options every business should consider. 1. Shore Up…
Read more