Working Capital Strategy
Working capital is a financial metric, which represents the amount of daily operating liquidity available to a business. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. It is calculated as current assets minus current liabilities. A company can be endowed with assets and profitability, but short of liquidity, if these assets cannot readily be converted into cash.
Break-even Analysis
The break-even point for a product is the point where total revenue received equals total costs associated with the sale of the product. A break-even point is typically calculated in order for businesses to determine if it would be profitable to sell a proposed product, as opposed to attempting to modify an existing product instead so it can be made lucrative. Break-even analysis can also be used to analyze the potential profitability of an expenditure in a sales-based business
Budget
A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods.
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Brainstorm Consulting provides essential tools for new and existing business owners to enhance their understanding and techniques of business practices. Although we understand that each vision creates goals there are essential building blocks that are necessary to develop a strong foundation. Our consultants have the knowledge and ability to turn your vision into a reality by developing a business plan, working capital strategy and strategic implementation plan.
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