In a recent blog, I introduced my Five Ps of Profitability philosophy and the business operating system model I’ve developed…
Much of my work with small to mid-size business owners focuses on implementing the financial fundamentals to maximize profitability and…
Although every company has its unique set of issues, I’ve found that many have similar financial pain points and struggles…
Revenue is critical to a company’s operations – without it we can’t produce profit and cash flow. All businesses require…
Businesses don’t often realize the need to plan for the growth of their accounting departments, or that they can be…
When employees feel valued and engaged, they bring contributions and improvements to the table naturally, and their work creates greater value for their associates and the business as a whole. And with the right people in the right seats, there is a productive rhythm to your business.
Knowing the amount of Working Capital required for growth is critical to success, so that you can borrow the correct amount for growth OR temper your growth to the limits of your WC, ensuring that you stay in business.
Even if your business is growing, it is tough to accurately forecast for 12 months. Your Profit Plan should always consider the near term, but especially during changing times.
In Charles Dickens’ famous novel, A Christmas Carol, Ebenezer Scrooge is visited by the ghosts of Christmases Past, Present, and…
To expand your business, you will undoubtedly need access to external working capital. Know your options for generating external working capital, and how they differ.