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 »
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 »
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.
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.
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 »
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.
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.
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?
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 »
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 »