As a business owner, you're no stranger to making tough decisions and navigating uncertain waters. Every day, you're at the helm, steering your company towards success. But even the most experienced captains rely on tools to guide their journey. That's where budgeting and forecasting come...
As business owners, we're no stranger to the relentless pursuit of profitability. It's the driving force behind every decision, every strategy, and every late night spent poring over spreadsheets. But what if we told you that the key to unlocking sustainable profits lies not in...
With the new year on the horizon, the time has come to plan for 2024. For business owners aiming for real accomplishments rather than just resolutions, having a practical road map is crucial. In this blog post, we'll discuss the three main elements that make...
Debi's article, titled "Cash is Key to Increasing Business Health and Business Success" was released through multiple sites including the major media cites listed below. Boston Herald read article here Star Tribune read article here CBS read article here NBC Fox Market Watch ...
Your Healthcare Benefits Review – It is that time of year again when your benefits provider will be reviewing your healthcare benefits. For most employers this will involve some tough decisions if their healthcare premiums suffer a dramatic increase. There are many things you will want...
Key Performance Indicators (KPIs) are standards used to measure business performance. As a business owner it is important to understand how you rank compared to your competitors. Financial institutions, stakeholders, and prospective buyers use KPIs to analyze credit worthiness, business health, and business worth. KPIs are...
Do you ever feel like your company is throwing cash out the window? We are not talking pennies, but dollars. As business owners we are constantly focused on keeping our costs under control for salaries, advertising, marketing, and other operating expenses, but when is the...
It is just as important to handle vendor payments properly. Did you know that paying your vendors too early can adversely affect the business cash flow? Proper management of vendor payments is a key to having better cash flow. Accounts Payable Turnover – This ratio measures...