Learn to better manage the financials of your business by watching our interactive videos on these accounting and finance topics.
Selling Your Business
OBJECTIVE: Selling your business is not a process you can turn over to your broker, lawyer or CPA, although you will need all their services. This session covers what you should know before selling your business. Deciding when to sell Selling your business is a process Careful planning is necessary Most common mistake is lack of preparation Accounting for past 5 years in place Include or exclude real estate? Recruit and pay for professional help The business broker Professional...
Getting Financial Controls in Place
OBJECTIVE: Growing your business will require establishing a solid foundation of internal controls including accounting, auditing, purchasing and damage control planning. This session will give you an overview of what you need to prepare for. Cash flow Accounting Your accountant's role Check list of internal controls Audits Accounting controls Growth requires more disciplined controls Mission of internal controls Financial reporting by profit centers Frequency of reporting financial...
Solvency Ratios Exercise
Provided by Potential.com, Content Partner for SME Knowledge UAE This video shows an exercise on solvency ratios about calculating the debt to worth ratio, working capital and sales to working capital. For more videos, please visit our website http://www.potential.com This video is part of the Khalifa Fund training Program, a free online training program that supports and supplies SMEs with free seminars, funding opportunities and exposure! This video shows an exercise on...
Four basic elements for effective financial management
Provided by Potential.com, Content Partner for SME Knowledge UAE Basic elements for effective financial management. This video explains the four basic elements for effective financial management: Budgeting & forecasting, bookkeeping, optimizing cash flow, reporting.