General Archives |

Conservative vs Explosive Growth

What is your businesses growth plan?  In the recent months I have had two different sources state that they believed I was on a conservative growth plan.  Granted they did not use those words, but that was their meaning. At one meeting my friend who is on my Board of...

Women in business

I have been encountering more women business owners lately.  I consider this to be a good thing.  Women tend to approach business from a different perspective then men, less instinct and a more measured approach.  They are also tend to be more conservative, so I...

Cost and Margin

The basics of business are not monitored well by most business owners.  I am talking the basic of basics; cost and margin. Cost is simply defined as the amount paid to acquire something.  Margin simply refers to the difference between the seller’s cost for...

Financial Dashboard

What does your “Financial Dashboard” look like? Do you have a “Financial Dashboard” that you use to monitor your business?  The purpose of the Dashboard is to monitor the success or lack of success of the business.  The ratios that you monitor should be directly...

Compliance vs Trusted Advisor

I recently had some work deferred with a client because their Treasurer wanted to stay with the minimal accounting compliance that was already in place under their supervision. When we met with the client there were all sorts of concerns, a strengthening of the...

Fear

What do you have an active fear in your business?  Is it making the next payroll?  Is it finding that next client? Is it having enough cash to cover your mortgage?  DO you have more than one fear? All small business owners have them.  It does not matter if they are...

Pin It on Pinterest