
Accounting vs Profit Financial Alignment
Most small businesses books are done in such a way that aligns them to pay taxes not measure or improve profits. The key to successfully...
Most small businesses books are done in such a way that aligns them to pay taxes not measure or improve profits. The key to successfully...
With the talk of recession this year or next I thought it prudent to ask business owners the question: Is your business recession proof?...
One of the first questions I ask new clients is: WHAT IS YOUR COMPETITIVE ADVANTAGE? Believe it or not by have one may foretole your...
Many small business owners use Quickbooks as a tool organizing the mechanics of a business, but fail to utilize it to ENHANCE profits. ...
Just like a house, without a good foundation, it will crumble. Well for profits, this is also true as if your to capturing the RIGHT to...
In light of a prior discussion on very high corporate debt levels, I wanted to point out that for the first time in 10 years share buy...
One of the first steps in our 5 Step Process for Higher Profits is to match what a business' Strategy is (ie competitive advantage, plan...
It's incredible that even the most sophisticated public companies fail to prepare for shifts in the economy & demand in their business. ...
Its been increasing clear that the Housing/Construction boom is ending. It's also fairly clear that individuals tied to it as well as...
Many client prospects I talk to when describing what we do say: "I already use QuickBooks so I have all the data to track my business...
Key #1: Build on Experience Key #2: Competitive Advantage Key #3: Perseverance 3 KEYS TO SUCCESS. I just wanted to pass along my own...
One of the benefits of building a detailed financial model & forecast of business is to better understand the costs associated to...
I recently posed this question to a few executives and my conclusion is maybe. Every down turn is different, although it may share...
Most business owners fail to adequately plan a path for an exit strategy never mind creating a plan at all. What is common is to wait...
Business owners in growth business have an addition burden placed upon them when deciding where their hard earned profits go. Depending...
Months ago I sat down with a new small business client & their bookkeeping/ tax accountant to begin creating a model & forecast ie a plan...
In yet another sign of a slowing housing market nationwide, the Commerce Department reported Construction spending FELL 1.7% in March...
Most business owners define problems and solutions that are QUALIFIED but rarely QUANTIFIED thus failing to optimize their profits &...
I often run into & work with fellow consultants who often tell me that the main reason they are engaged in a client relati onship is to...
In a prior post ("Business Cycle Risk") I explained the importance of understanding what part of the business cycle a business operates...