“Your greatest danger is letting the urgent things crowd out the important. The urgent pressures us daily, while the important waits patiently. ” Charles Hummel, University President and Author, Tyranny of the Urgent Congratulations! Your … [Read more...]
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Be open to learning. Never stop. Find knowledge-building insights here.
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.
Goal Setting for Proactive Profitable Growth
When you look back at the last year in your business, how much time was spent addressing your biggest problems versus working towards achieving your annual goals? Are you making progress on your five-year plan? “Five-year plan? Are you kidding? I … [Read more...]
Choose “Just the Right KPIs” and Make Reviewing them a Team Sport
Leadership teams that focus on the right KPIs perform better than those that don’t. Choosing and monitoring the right Key Performance Indicators, or KPIs, keeps teams focused on the things that matter most so they can drive efficiently drive sales, … [Read more...]
If I Made That Much Profit, Where Is All The Cash?
The Statement of Cash Flow Has the Answer Any seasoned business owner or advisor has seen it happen. The business showed a handsome profit at the end of the year and mysteriously the cash balance plummeted. The first question the owners, accountants … [Read more...]
Tips for Improving Your Cash Flow
Review financial statements each month, including the Statement of Cash Flow, to gain an intuitive sense of how decisions and business conditions impact both profit and cash. Prepare a Cash Budget for the coming year to predict possible cash … [Read more...]
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