Robinson Business Services

The purpose of the cash flow statement or statement of cash flows is to provide information about a company’s gross receipts and gross payments for a specified period of time. The gross receipts and gross payments will be reported in the cash flow statement according to one of the following classifications: operating activities, investing activities, and [...]

The term cash and cash equivalents includes: currency, coins, checks received but not yet deposited, checking accounts, petty cash, savings accounts, money market accounts, and short-term, highly liquid investments with a maturity of three months or less at the time of purchase such as U.S. treasury bills and commercial paper. The items included as cash [...]

Internal rate of return and net present value are discounted cash flow techniques. To discount means to remove the interest contained within the future cash amounts. If the net present value of an investment or project is more than $0, the project is earning more than the interest rate used to discount the future cash amounts. [...]

The payback period is calculated by counting the number of years it will take to recover the cash invested in a project. Let’s assume that a company invests $400,000 in more efficient equipment. The cash savings from the new equipment is expected to be $100,000 per year for 10 years. The payback period is 4 years [...]

How do you know when to hire for experience versus when to hire for raw talent? This is an interesting question that I’ve heard come up several times in the past week, and then again as part of an article on VentureBeat called, “Just getting started? Focus on this to get to the next [...]

If you extend credit to your customers, WorkingPoint will help you keep on top of your receivables—one of the best predictors of when you can expect an inflow of cash—by tracking how much your customers owe you and when you can expect payment. Keep customer accounts “current” and money flowing in with our new Accounts Receivable [...]

There is an article on FreelanceSwitch that raises an interesting point. It’s called, “Keeping Yourself Motivated” and it discusses intrinsic versus extrinsic motivation. Intrinsic motivation are your own internal motivators — a need for success, a desire to make an impact, your own craving for perfection, contribution or collaborative connection with other talented people. Extrinsic motivation [...]

If you are new to email marketing, don’t miss the Getting Started with VerticalResponse webinar scheduled for today at 10 am pacific time. Join Education & Training Manager Jill Bastian as she covers how to: •    Get your account up and running. •    Upload your mailing list. •    Choose the email editor that’s best for you. •    Create and launch [...]