Weekly vs. Monthly Cash Flow Projections

I just got an email from the U.K. affiliate of a
U.S. customer who was demoing the cash flow projection capability of SurvivalWare Desktop to a group of franchisees.  Their response was that they’d like to see weekly cash flow projections for the next quarter, not just the monthly cash flow projections. 
I’ll never forget a [...]

Money and Happiness

There was a great article in yesterday’s Wall Street Journal (page D1) about how money is not necessarily the key to happiness.  What was interesting is that high earners appear to be happier according to a 2004 survey.  Researchers posit that if our financial situation compares favorably with friends and colleagues, we’ll describe ourselves as [...]

Breakeven Analysis

Breakeven analysis answers the question, “what do I need in sales in order to break even?”  By breaking even, we mean not losing any money, but also not making any money.  The breakeven sales amount is commonly referred to as your monthly “nut”.  If sales are below this amount, you feel bad, if they are [...]