Resource Articles
Our Resource Center provides education on personal and business financial topics, information on online security and fraud prevention, and articles from leaders at Sunflower Bank.
For more resources, check out our Financial Glossary
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Financing from Operations: Pay As You Go
Asset-based financing, factoring and other forms of accounts receivable financing are commonly used to generate cash for a business using hard assets, money owed and even future payments from customers as collateral.
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Collateralized Financing: Using What You Got
A secured loan is backed by some form of collateral which reduces the risk for the lender. But tread lightly, you could lose it all if the loan isn’t repaid.
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Cash Budgets
Budgets are short-term plans for how businesses will operate, how money will be spent, how income and revenue will be received.
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The Income Statement
The Income Statement, sometimes called a Profit and Loss statement lists business revenues/sales, subtracts expenses, and shows whether the company made a profit.
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Useful Financial Metrics and Ratios 1
Here are a few financial metrics that can used to analyze financial performance: Accounts Receivable Turnover, Quick Ratio, Gross and Net Profit Margin.
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Useful Financial Metrics and Ratios 2
Specific financial metrics such as Assets Turnover Ratio are used to analyze productivity. The Asset Turnover Ratio Equation: ATR=TR/TA
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Business Valuation
Valuing a business requires objective analysis of past performance and subjective determinations about your industry and future prospects for your company.
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How the IRS Determines Independent Contractor Status
If you hire people to perform functions for your company, the IRS could consider them as either employees or independent contractors.
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