News Archive: Beal Consultants

“What Do Financial Ratios Really Mean? (Part 2)” The Beal Business Advisor

“What Do Financial Ratios Really Mean?” The Beal Business Advisor

The current ratio is mainly used to give an idea of the company’s liquidity position, a measure of whether or not a firm has enough resources to pay its short-term obligations over the next 12 months. It compares a firm’s current assets to its current liabilities. The current ratio can give a sense of the efficiency of a company’s operating cycle or its ability to turn its product into cash. [Click on Pic to learn more]

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“What Do Financial Ratios Really Mean? (Part 2)” The Beal Business Advisor

“Starting a Loyalty Program” The Beal Business Advisor

It typically costs more money to gain a new customer than it does to keep a current customer. Implementing a customer loyalty program can provide incentive for customers to return again and again. Loyalty programs are structured marketing efforts that reward, and therefore encourage, loyal buying behavior. [Click on Pic to learn more]

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