If I were to ask you what is the most important financial skill you need to master to improve your ability to make more money in your business, what do you think it is? Benchmarking? Cash Flow Forecasting? Ratio Analysis? Creating Ninja-level … [Read more...]
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Here you will find insights, tips and road signs to help you steer your business towards profitability, sustainability and financial strength. Raise your business instincts and gut level decision-making to new heights because in today’s business climate, there’s very little room for error and even less room for bad habits.
If you want to build a multi-million dollar company, start with the end in mind and have a plan. A good way to build your business value is to start with the end in mind. For example: What do you want to accomplish? What do you need, … [Read more...]
Imagine it’s December 2023 and you are about to stand up and thank your team for a job well done at your annual holiday party. You’re happy because you set and met many strong goals for your business this year, including your profit goals. This … [Read more...]
“Advice is a dangerous gift, even from the wise to the wise, and all courses may run ill.” ― J.R.R. Tolkien, The Fellowship of the Ring Are you a consultant, district manager, or multi-unit franchise owner who is confident advising your managers … [Read more...]
Price hikes are everywhere. Astute managers have turned their attention to strategies to combat inflation. Stay-at-home orders of the pandemic removed workers from production in 2020 when we were already dealing with a labor shortage. Yet those … [Read more...]