Asset Loans and Accounts Receivable Financing Solutions

Asset Loans and Accounts Receivable Financing Solutions

Canadian business, during its search for new and innovative financing solutions keeps hearing about asset loans and accounts receivable financing solutions. These two types of financing for Canadian business owners and financial managers are a subset of what is known as an asset based line of credit.

The financing is newer to Canada, growing in traction and popularity, and still widely misunderstood as a total financing strategy for your company. Read more

Are You a Working Capital Whiz? Find Out

Are You a Working Capital Whiz? Find Out

     

    Working capital is a key financial concept, which almost works around the acid test ratio of comparing the proportion between current asset and current liabilities. However, under this liquidity measurement, current assets include only the cash and its most liquid equivalent, namely, accounts receivable and short-term investments. Read more

Test Your Inventory IQ: How Much Do You Know About Inventory Controls and Methods?

Test Your Inventory IQ: How Much Do You Know About Inventory Controls and Methods?

    Why Inventory Control is Key in Any Business

    Controlling and keeping track of inventory is a must-do for every business. Without controls, you don’t know how much inventory you have on hand or how to determine how many sales were lost due to not enough inventory in stock.

    There are various inventory methods utilized and not each method works for every type of business. Read more

LIFO’s Oudated Approach

LIFO's Oudated Approach

    Is LIFO Still Used by Today’s Businesses?

    When it comes to inventory valuation, most companies have a choice between average cost, FIFO (first in first out) , and LIFO (last in first out). Among these choices, LIFO has become a less viable alternative for todays businesses. LIFOs outdated approach manifests itself in the basic principle that the most recent inventory purchased is the first inventory sold. Read more