This document outlines 7 business cycles: the financing, production, collection, disbursement, payroll, purchasing, and sales cycles. Each cycle refers to a key process in running a business from obtaining funds to producing goods or services, collecting revenue, paying expenses, compensating employees, procuring supplies, and selling to customers.
This document outlines 7 business cycles: the financing, production, collection, disbursement, payroll, purchasing, and sales cycles. Each cycle refers to a key process in running a business from obtaining funds to producing goods or services, collecting revenue, paying expenses, compensating employees, procuring supplies, and selling to customers.
This document outlines 7 business cycles: the financing, production, collection, disbursement, payroll, purchasing, and sales cycles. Each cycle refers to a key process in running a business from obtaining funds to producing goods or services, collecting revenue, paying expenses, compensating employees, procuring supplies, and selling to customers.