This is a helpful resource for those seeking to better understand the terminology and concepts related to Employment Social Enterprises (ESEs) and the broader field of social entrepreneurship.
Topic: Financial Management
Financial Management Resources
Financial reporting is the practice of summarizing the financial performance of an organization in standardized documents.
Financial planning and tracking helps organizations quantify their annual strategy and plan activities in a way that ensures feasibility and cost-effectiveness
Fixed and variable costs refer to the categorization of business expenses depending on whether they are affected by changes in product/service quantity sold, or whether they remain constant regardless of quantity sold.
Cash management is the process of collecting, handling, and using cash. Additionally, it involves assessing liquidity, cash flow and investments.