For Whom Wealth Matters
April 1, 2014 Leave a comment
If you fail, never give up because F.A.I.L. means “First Attempt In Learning”
End is not the end, in fact E.N.D. means “Effort Never Dies”
If you get No as an answer, remember N.O. means “Next Opportunity”
So let’s be positive !!
March 30, 2014 Leave a comment
This post is in continuation of these 2:Link.Link.
This post is on how to analyse the key revenue constituents of a profit and loss statement (P&L).
Some companies report the ‘total income’ earned by them within a year as ‘sales’. As an investor,its better for us if we take a company’s integral earnings or core operations only as sales and not the income that is generated from other operations. The latter could include items such income from sale of scrap, income from interest and dividends, forex gains, profit on sale of assets, export incentives and miscellaneous receipts, amongst others.While these items may not be a significant part of the total income, it is still a good practice to follow. In fact, it would be even better if we could further bifurcate such earnings under two heads – other operating income and other income. Details regarding total income are found in respective schedules.
Revenues are generated from sales of goods or services. For companies which have a presence in various businesses, it is a good practice idea to track the change in segment wise/ product wise / business wise revenues on a year on year basis. Look at how the income from each business segment (as a percentage of net sales) has changed over the years. This will give us a good idea how a company’s segments or businesses have been performing over a particular time frame. Read more of this post
July 10, 2012 5 Comments
Every business begins with a single sale.And its pretty obvious that no sale means no business.
For most businesses their founders are expected to be their best salespeople.After all who can be more enthusiastic or dedicated?So what do you do if sales is really not your thing?
Henry Ford had 161 patents granted to him.He knew his product and knew ways of bettering his manufacturing processes.But he was not much good at sales.Here is an article that sheds light on how Henry Ford tackled sales in the initial years.Read and learn: Read more of this post
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