Business Management
![What is business consolidation?](https://images.ctfassets.net/40w0m41bmydz/18XFs12FhSe0Ou93BDNQqc/634c3d6c15f6f5a44cdc7902230624cb/CDT-878_Organic_content_thumbnail_starting_a_business_02.png?w=680&h=385&q=50&fm=png)
Business consolidation can help cut costs and improve operational efficiency
![What is a compliance audit?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/d17fa6b09bcfe02e00cd191edda795d7/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
A compliance audit can keep your business above board. Here’s how
![What is an operational audit?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/d17fa6b09bcfe02e00cd191edda795d7/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Is it time for your business to undergo an operational audit? Find out here.
![Burn Rate: what it is and how to calculate it](https://images.ctfassets.net/40w0m41bmydz/5tPd8B199ctdFNRAzHZoOk/5d945255bbbe0273ee5d256e730d19e7/CDT-878_Organic_content_thumbnail_financial_mgmt_04.png?w=680&h=385&q=50&fm=png)
Find out how much cash your business is burning through
![What is share of wallet (SOW)?](https://images.ctfassets.net/40w0m41bmydz/6J9KrCbzMryjMmx8VOccbY/24c4924013b5c8b2067071409c2f1e69/CDT-878_Organic_content_thumbnail_starting_a_business_04.png?w=680&h=385&q=50&fm=png)
Share of wallet refers to the amount that consumers spend on a particular brand
![Income Statement](https://images.ctfassets.net/40w0m41bmydz/6eb6wtrFrpjdGUisBaD0MM/410f7ad17c2bd01cf571aa31b17f44a1/CDT-878_Organic_content_thumbnail_accounting_03.png?w=680&h=384&q=50&fm=png)
Income statements are one of the most important financial documents
![How to Improve Your Billing Process](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/6f459d4bf82ba3bf286fc7770096379e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
Improve your company’s customer billing process with five simple steps
![What Is Product-Market Fit?](https://images.ctfassets.net/40w0m41bmydz/MPK8UClmwoBy0gGxj670A/6b93da3ab28bcfb721dbb85dcdf8cada/CDT-878_Organic_content_thumbnail_growth_03.png?w=680&h=385&q=50&fm=png)
Learn how to achieve product-market fit with our comprehensive guide
![What is bank reconciliation?](https://images.ctfassets.net/40w0m41bmydz/3BK7XcG1RXW5YCoY1q3Afq/1a4db76980c57ad528170fc8323bd215/CDT-878_Organic_content_thumbnail_accounting_02.png?w=680&h=384&q=50&fm=png)
Learn how to do bank reconciliation, step by step, with our handy guide
![What is reverse factoring?](https://images.ctfassets.net/40w0m41bmydz/71hnonhomQX74z5mJzYU9v/62e3169320829aea2e034bc526e82c75/CDT-878_Organic_content_thumbnail_starting_a_business_03.png?w=680&h=385&q=50&fm=png)
Explore the reverse factoring process with our simple guide
![What is a receivable management service?](https://images.ctfassets.net/40w0m41bmydz/18XFs12FhSe0Ou93BDNQqc/634c3d6c15f6f5a44cdc7902230624cb/CDT-878_Organic_content_thumbnail_starting_a_business_02.png?w=680&h=385&q=50&fm=png)
Get the inside track on accounts receivable management services, right here.
![What Is a Financial Audit?](https://images.ctfassets.net/40w0m41bmydz/3eElXT4dImlsLYjGKImZNx/6f459d4bf82ba3bf286fc7770096379e/CDT-878_Organic_content_thumbnail_accounting_04.png?w=680&h=384&q=50&fm=png)
Financial audits provide an objective evaluation of your financial position
![What is a letter of intent?](https://images.ctfassets.net/40w0m41bmydz/12cSVPJMPdH6CNBWkVG1Q4/11239439ce4800011c5d5981c09f6f63/CDT-878_Organic_content_thumbnail_regulation_04.png?w=680&h=385&q=50&fm=png)
Letters of intent are documents declaring an intention to enter into a contract
![What is return on equity (ROE)?](https://images.ctfassets.net/40w0m41bmydz/1kQ3ksHVz5b8ki7AyL84ai/0fa548c97de33a4d6e83e55e14ebe897/CDT-878_Organic_content_thumbnail_financial_mgmt_01.png?w=680&h=385&q=50&fm=png)
Return on equity reveals your net income in comparison to shareholder equity
![What is an onerous contract?](https://images.ctfassets.net/40w0m41bmydz/4rghWcmzE0rjGnUBRzxabT/d17fa6b09bcfe02e00cd191edda795d7/CDT-878_Organic_content_thumbnail_accounting_01.png?w=680&h=384&q=50&fm=png)
Onerous contracts are contracts that cost more to fulfil than you’ll get back
![What is a good profit margin?](https://images.ctfassets.net/40w0m41bmydz/4MeE0LMPQd9WpaUMAr3Utc/9ccfd42c0f53a69b5fcff6ffa22b6776/CDT-878_Organic_content_thumbnail_growth_02.png?w=680&h=385&q=50&fm=png)
Find out more about what constitutes a good net profit margin, right here
![What is VaR (value at risk)?](https://images.ctfassets.net/40w0m41bmydz/33loAp4caSj6BlCYZFJnGK/ff93eea720ddffd34f559277350b2e09/CDT-878_Organic_content_thumbnail_financial_mgmt_03.png?w=680&h=385&q=50&fm=png)
Value at risk is a financial metric used to estimate the risk of an investment
![How to track expenses for small business](https://images.ctfassets.net/40w0m41bmydz/7KSgCvElsk5XSo9NpGooKu/5729ceaa9f110a7e1321263cbd439af7/CDT-878_Organic_content_thumbnail_starting_a_business_01.png?w=680&h=385&q=50&fm=png)
Get the inside track on the best way to manage expenses with GoCardless
![How to improve your supplier relationship management](https://images.ctfassets.net/40w0m41bmydz/4MeE0LMPQd9WpaUMAr3Utc/9ccfd42c0f53a69b5fcff6ffa22b6776/CDT-878_Organic_content_thumbnail_growth_02.png?w=680&h=385&q=50&fm=png)
Supplier relationship management is a key part of your procurement cycle.
![What Is the Triple Bottom Line?](https://images.ctfassets.net/40w0m41bmydz/3XJ0eVbjLo6c3kbDmMklvy/dbd96eefa4895595d05c3157d4d1704b/CDT-878_Organic_content_thumbnail_growth_01.png?w=680&h=385&q=50&fm=png)
Read about the benefits of the triple bottom line with our simple guide.
![What Is Corporate Social Responsibility (CSR)?](https://images.ctfassets.net/40w0m41bmydz/3XJ0eVbjLo6c3kbDmMklvy/dbd96eefa4895595d05c3157d4d1704b/CDT-878_Organic_content_thumbnail_growth_01.png?w=680&h=385&q=50&fm=png)
Corporate social responsibility can make your business socially accountable.
![What is BPO (business process outsourcing)?](https://images.ctfassets.net/40w0m41bmydz/MPK8UClmwoBy0gGxj670A/6b93da3ab28bcfb721dbb85dcdf8cada/CDT-878_Organic_content_thumbnail_growth_03.png?w=680&h=385&q=50&fm=png)
Learn more about the benefits of working with a BPO provider, right here.
![How to Create an Effective Company Mission Statement](https://images.ctfassets.net/40w0m41bmydz/3XJ0eVbjLo6c3kbDmMklvy/dbd96eefa4895595d05c3157d4d1704b/CDT-878_Organic_content_thumbnail_growth_01.png?w=680&h=385&q=50&fm=png)
A company mission statement is a simple declaration of your company’s goals.
![What does total addressable market mean?](https://images.ctfassets.net/40w0m41bmydz/3XJ0eVbjLo6c3kbDmMklvy/dbd96eefa4895595d05c3157d4d1704b/CDT-878_Organic_content_thumbnail_growth_01.png?w=680&h=385&q=50&fm=png)
Learn how to find total addressable market with our simple guide.