Steven C. LeFever

Steven C. LeFever's Posts

• Features

  The Fiscal Physical

  by Steven C. LeFever

  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.

• Features

  Using Breakeven Analysis to Manage Costs and Make Pricing Decisions

  by Steven C. LeFever

  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.

• Features

  Success Goes Beyond Sales and Profits

  by Steven C. LeFever

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