Cual es el porcentaje del desempleo
Enviado por sofi.rv.mmn • 30 de Mayo de 2017 • Trabajo • 1.497 Palabras (6 Páginas) • 204 Visitas
FIFTH STEP BUSINESS PLAN CONTENT
FINANCIAL DOCUMENTS
1.-ACCOUNTING SYSTEM
- CONCEPT: Is a tool that facilitates decision-making and maintains a constant monitoring of operations and financial health of the company.
- OBJECTIVE: To facilitate decision making process and keep in order the registration of each operation a certain period.
- ORDEN: Must be establish before performing the first economic activity.
2.-CASH FLOW STATEMENT
- COSTS AND EXPENSES: Cost, is any amount of money used to pay what is required in the operation of the company, is not intended to gain; while expenses are used with the purpose of obtaining profits.
- VARIABLE COSTS: Vary directly with the level of production.
- FIXED COSTS: Are costs that remain constant and do not vary with production or sales revenue.
- CAPITAL STOCK: Total amount invested by business owners (partners) for forming it and serves as the basis for the start of its operations.
- LOANS: Economic contribution granted to the company in order to face commitments or investment needs which can not be faced with the capital stock.
- CASH RECEIPTS: Are all incomes that company receives.
- CASH PAYMENTS: Are all disbursement that the company makes. Expenses or costs in which incurs.
- CASH FLOW PROJECTION: Financial statement that shows the total cash that entered or left out the company for a specified period. Cash flow let to project in a concrete a reliable way , the situation of the company in future times.
3.- FINANCIAL STATEMENTS PROYECTED
Financial statements are summaries of the different economic operations of a company in an specific period.
OBJECTIVE: Visualize from the beginning to where leads all the efforts made in the business for good decision making.
Cash flow provides basic information to develop the two main financial statement:
- INCOME STATEMENT.
- BALANCE SHEET.
4a.-CONCEPTS
INCOME STATEMENT: Financial statement that shows profits or loss of a business in a specific time period.
- Can be calculated for any kind of company.
- Accounts change, according with the line of business of the company.
- BALANCE SHEET: Financial statement that shows the business situation in a particular moment. It is a device that shows in a specific time period,what are the assets, liabilities and equity. Displays its financial situation, what it has, what it owes and what it has been paid.
4b.-BALANCE SHEETS
The Balance Sheet is a financial statement that shows the financial position of the business as of a fixed date.
-It is usually done at the close of an accounting period.
BALANCE SHEET CATEGORIES
ASSETS :Anything your business owns that has monetary value.
LIABILITIES: Debts owed by the business to any of its creditors.
NET WORTH: Amount equal to the owner´s equity.
ASSETS
Balance sheet accounts are clasified according to their liquidity (speed for becoming in money).
ASSETS: Everything owned by or owed to your business that has cash value.It has three types:
a)CURRENT ASSETS: Assets that can be converted into cash within one year of the date on the Balance Sheet.
- Cash: Money you have on hand.
- Petty cash: Money deposited to Petty Cash and not yet expended.
- Accounts Receivable (clients): Money owed to you for sale of goods.
- Inventory: Raw material, work in process and goods manufactured.
- Short –term investments: Expected to be converted to cash within one year-stocks
Prepaid expenses: Goods or services purchased or rented prior to use
b) FIXED ASSETS
- Resources a business owns and does not intend for resale: Land, buildings, equipment , furniture, vehicles…
C} LONG TERM INVESTMENTS: Stocks, bonds, and special savings accounts to be kept for at least one year.
LIABILITIES
What your business owes; claims by creditors on your assets :
- CURRENT LIABILITIES
- Accounts payable: Obligations payable within one operating cycling.
- Notes payable:Short-term notes.
- Interest payable: Interest accrued on loans and credit.
LONG TERM LIABILITIES: Outstanding balance less the current portion due (business loans, mortgages, etc).
NET WORTH
- Also called Owner Equity. The claims of the owner or owners on the assets of the business.
5.- FINANCIAL RATIOS
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