Growing Beyond the Founder

The statistics on the earnings of entrepreneurs in the U.S. might give pause to anyone thinking of starting a business. An article by Bloomberg Business revealed that U.S. entrepreneurs make 35% less than employees. Recently, we discussed the statistic with … Read More »

Days Sales Outstanding

What is Days Sales Outstanding?

Depending on your position in your company, you might see a lot of sales revenue coming into the organization. But when will the the company actually able to use it? Today’s finance phrase can help you find out. Days sales outstanding … Read More »

Why Finance is the Language of Business | Income Outcome

Why Finance is the Language of Business

There is an astonishing phenomenon that occurs in business. It happens when different departments get together to talk about finance. It is this: People sometimes use different words to refer to the same thing… Operating Income (or Operating Profit) is … Read More »

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