A contingency reserve in a business loan is extra money set aside in case you face unexpected costs when delivering a project, like buying additional supplies or when additional development hours are needed. These back-up funds are included to help mitigate project risks and, in ...
Gross revenue is the total money that flows through a business’s accounts from the sale of goods and services. Net revenue is gross revenue minus these three items: Allowances — Partial and minor returns to customers for things like defects or errors from the original sale. ...
The difference in timing between how you account for inventory and when actual cash flows into or out of your bank account makes a difference in determining whether you can self-fund your cash flow needs or should seek a loan. The IRS generally requires you to ...
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