by OverHeadWatch Team | Jan 11, 2018 | Budget Planning
The break-even analysis is a useful tool that lets you see what you need to sell, either monthly or annually if you want to cover the costs of doing business. This would represent the break-even point, where the total cost and the total revenue are equal. Today we are...
by OverHeadWatch Team | Jan 8, 2018 | Budget Planning
If you work in the business field, most likely you’re already familiar with creating budgets and planning for months or years. But have you ever asked yourself why are budgets useful in the planning process? Couldn’t we do just as good without them? Let’s have a look...
by OverHeadWatch Team | Dec 29, 2017 | Budget Planning
People think that venture capital is a very complicated concept that doesn’t affect everybody. However, let’s make an experiment. If you open your phone and look at the apps you installed on it, we bet that at least one was built and then marketed by using venture...
by OverHeadWatch Team | Dec 15, 2017 | Budget Planning
Preparing an annual budget for your business is not as easy as it may seem. Not everybody has the skills or the patience to create and manage a budget on their own. Luckily, there are other options as well: hiring an accountant, a bookkeeper, a CFO, etc. If, however,...
by OverHeadWatch Team | Dec 13, 2017 | Budget Planning
The inventory processing system, or the inventory control system, as it’s also called, is a tool that simplifies a lot the work needed for a company. Consequently, today we are going to look at a definition of it and see how to do it. Inventory Processing System...
by OverHeadWatch Team | Nov 20, 2017 | Budget Planning, Library
Having a small business can be quite difficult to handle from a financial point of view. The master budget made for any business consist of a financial budget and an operating one. You need the master one if you want to create a strategic plan. Today we are going to...
