Steven C. LeFever

Steven C. LeFever's Posts

The Fiscal Physical

Financial analysis is like a physical check-up for your finances. It lets you know how you're doing. With financial analysis, the telling points are the Balance Sheet and the Income Statement. Figuring out what they are telling you is done by analyzing financial ratios - mathematical relationships between different entries on the Balance Sheet and the Income Statement. Read more

Posted on:
Using Breakeven Analysis to Manage Costs and Make Pricing Decisions

There is a financial tool that helps business owners manage costs, make better pricing decisions, and improve profits. It's called breakeven analysis. The breakeven point is the sales volume at which a business neither makes a profit nor incurs a loss. Read more

Posted on:
Success Goes Beyond Sales and Profits

A review of bankrupt companies revealed that more than half the business failures occurred with firms that were producing operating profits. Read more

Posted on:
Close X