You check your bank balance. It's higher than last month. Your cash flow is positive. You must be doing well, right? Not necessarily. While a healthy cash balance is important, it's only part of your financial picture. If you only monitor cash … [Read more...]
It’s Half-Time for 2025: Do You Know Where Your Profits Are?
Remember those ambitious goals you set in January? Are you on track with the revenue targets, profit margins, and growth projections that seemed so achievable when you were fresh off holiday break and optimistic about the year ahead? Here's the … [Read more...]
Everyone Pays Until They Don’t: Protect Your Cash Flow From Surge in Bankruptcies
"Everyone pays until they don't." This blunt reality from credit expert Thea Dudley should wake up every business owner extending credit to business customers. With Q1 2025 bankruptcy filings showing a dramatic 12.74% increase in Chapter 7 cases and … [Read more...]
Measure Success with Lagging Indicators; Drive It with Leading Indicators
Business owners often focus on results they can't directly control while overlooking the activities that create them. Understanding the difference between leading and lagging Key Performance Indicators (KPIs) can transform how you manage your … [Read more...]
A Framework for Financial Coaching Success
Are you an advisor or franchise consultant who is strong on operational or marketing issues but struggles with conversations about financial matters? Or are you knowledgeable about numbers but can’t get people engaged in this critical topic? In … [Read more...]
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