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...]

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...]

In our recent blog, Prepare for Profits in 2025, Part 1: Your Cost Structure May Never Be the Same, I shared my thoughts about how policy and economic changes might impact cost structures in 2025. I stressed the importance of monitoring your 5-Line … [Read more...]

Many entrepreneurs recall being caught off-guard when pandemic-inspired business interruptions, labor challenges, and supply chain dysfunction wreaked havoc with cost structures. How could you see that coming? Nobody could. Not the case today. Astute … [Read more...]

As we approach year-end, business owners everywhere are mapping out their journey for 2025. Like Alice, without a clear profit destination, most will approach their pathway through wonderland the same way as always: add an arbitrary percentage of 5% … [Read more...]