Gary Furr, Kevin Clouser, and Richard Glassman explain how their business owner clients have adapted and made crucial changes to operations in the pandemic….Read more »
COVID Business Strategies for Small and Medium Enterprises
As a business owner, you need to know what you can do to ensure that you maintain a successful business through the pandemic and re-opening. Here’s what to do….Read more »
Your Financial Dashboard is Your Lifeblood for the Business
Like understanding the dashboard of a plane to fly it, you need to understand the instruments on your business dashboard in order to have a successful business.
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7 Steps to Creating Your Dream Leadership Team
If a business is doing well or not comes down to leadership. As leaders we must upgrade our leadership skills to learn to become a more effective leader.
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Your Balance Sheet Is a Snapshot in Time
Recall that your P&L, or income statement, is like a movie in that it covers a period of time within your business. Your balance sheet is more like a snapshot in time since it is taken on a particular date in time (for example, December 31, 2019). The balance sheet is a record of the… Read More »
How Happy is Your Banker with You?
Creating a good relationship with your banker begins before you actually need their assistance. It can mean the difference between cash and having no funding.
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Your Business May Be Bleeding Cash and You May Not Know It
The lack of cash in a business is the number one problem many business owners experience. The lack of cash can kill your business just like Kryptonite.
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Relaunching Your Business after Covid-19
The pandemic has caused significant disruption to business. It was like driving a car at 80 mph and slamming into a brick wall. How do you go forward from here?
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How Your Profit and Loss Statement Is Like a Movie
The P&L (profit & loss), or income statement, is simply a report of your revenue minus your expenses, which equals profit. As my last blog post explains: profit is not cash but the theory of cash. Your P&L is like a movie of a period of time in your business. Your P&L is a lagging… Read More »
Growing Alongside Your Business
What got you started may not be what’s needed to take your business to a new level. As your business grows, so does complexity, and so should your skill set….Read more »