Home Mortgage Broker Free Mortgage Broker Business Plan 8.5 Accounts Recievable Turnover Ratio Analysis
The Accounts Receivable (AR) Turnover Template gives a small business owner like Ryan the ability to present a very crisp view of what the projected AR turnover ratio will be like for a small business like Real Estate Funding Solutions in the three years for which the financials are being projected. The AR turnover ratio denotes the number of times the accounts receivable is collected / turned over during an year. The higher the number - the better. The template gives Ryan and David the ability to present this number in both numerical as well as graphic format.
As we can see from our analysis, the AR turnover ratio for Real Estate Funding Solutions is projected to be 200 for all the three years of 2012, 2013 and 2014. This of course implies that the sales that we have projected will cover the accounts recievable up to 200 times and that is good news - the only caution here is of course that in the mortgage business the accounts recievables typically tend to be very low anyway and hence this ratio is not given too much importance in absolute terms. However if the ratio were to change significantly due to reduced sales numbers, then this change could easily be a forebearer of tougher times ahead for the business.
Articles on the Small Business Financing Sources, the Small Business Loan Basics, small business loans Checklist and SBA Loans are incredible sources of knowledge for the small business owner.
Credit Report and Credit Score Analysis, how to Read a Personal Credit Report and all about Business Credit cover the intricacies of credit and are required reading for everybody.
The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!
The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.
Fire your loan broker and use our Free Business Loans Bank / Lender Directory to find every bank in the country lending to small businesses.
If you are looking to start a business - look no further. Check out the Free Incorporation Guide discussion and the State Incorporation Resource Directory.