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Updated 9/29/2014

This blog is sponsored by Luhring SurvivalWare, Inc., to promote increased knowledge of Financial Analysis and Forecasting among business owners and entrepreneurs.  Smart business people can make bad decisions when they use bad information about their operations and financial condition.  The more you understand the financial concepts and the need for timely, accurate financial data, the better chance you have of getting things right.

We also intend to use the blog to keep you up to date on developments with the SurvivalWare financial modeling software, and the company behind it.

Financial modeling is a great tool to monitor performance and visualize ahead of time the impact of key decisions and events.  The result is better business decisions and better management of cash flow.   Check out the SurvivalWare website for products and services that make it possible for non-financial people to up their game and use financial management as a competitive weapon.

Philip Campbell – consultant, CPA, and author of  “Never Run Out of Cash” – has graciously agreed to provide his insights with occasional guest posts to supplement articles from yours truly, Rusty Luhring.

Enjoy!  And please Comment!

2 Responses

  1. Our business collection agency, Aguirre Aikman and Brown, has recently made available a free Excel spreadsheet that allows users to calculate and record their Day Sales Outstanding (DSO). I’ve noticed that you have included an extensive list of free spreadsheets and information on your site and believe that our spreadsheet may also be valuable to your readers. I invite you to visit http://www.aabcollections.com/dso.htm to take a look at all of the functions it offers including Best Possible Day Sales Outstanding (BPDSO), Average Days Delinquent (ADD), and Cost Effectiveness Index (CEI).

    It is important for business professionals to understand the costs associated with outstanding accounts so that they may minimize debt. We have also written about the importance of understanding the carrying costs of accounts receivables in our company blog, http://www.aabcollections.com/blog/2008/04/08/understanding-the-carrying-costs-of-accounts-receivables/.

    Aguirre, Aikman and Brown is a respected member of the commercial collections industry and has been serving large and small businesses for nearly a decade. Please feel free to contact us with any questions and we hope that you and your readers find our spreadsheet to be beneficial.

    Thank you for your consideration,

    Josh Heicklen

  2. I have been working as an accountant for the last 13 yrs. Recently I am moved to our group accounts department which itself is at its budding stage. I was assigned to create a template of MIS for the whole group and was given certain guidlines to work with. Many of the term where not very fimiliar or where not clear to me. Your site has really improved my confidance level in my approach to my duties.

    Thanks a lot for all your effort

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