In the dynamic landscape of business, maintaining a healthy cash flow is paramount for sustained success and growth. One often overlooked strategy that can significantly impact cash flow is adjusting pricing. While pricing might seem like a straightforward aspect of business, it holds the potential...
Understanding your financial numbers is vital for business owners to make informed decisions, drive growth, and achieve long-term success. As the first half of the year has drawn to a close, it's a perfect time to reflect on your financial performance and set goals for...
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...
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...