Finance

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7 Ways to increase Profitability

Monday, March 31st, 2008

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Although owning your own business is about much more than just money, there are times when it’s all about the bottom line.
You can love what you’re doing, make a significant contribution to society, have employees that love you, but […]

The Media declares ‘Disaster of biblical proportions’!

Tuesday, March 25th, 2008

photo by clearly ambiguous 
 
Dr. Peter Venkman: This city is headed for a disaster of biblical proportions. Mayor: What do you mean, “biblical”? Dr Ray Stantz: What he means is Old Testament, Mr. Mayor, real wrath of God type stuff. Dr. Peter Venkman: Exactly. Dr Ray Stantz: Fire and brimstone coming down from the skies! Rivers […]

It’s all about the cash…

Sunday, December 9th, 2007

I just got back from lovely Madison Wisconsin for some training on the Fintel set of Financial Analysis and benchmarking tools and I had plenty of time to reflect on what is probably one of the biggest issues many businesses face on a regular basis - having enough cash on hand to keep moving. 
Photo […]

How big is your pipeline? Breakeven Analysis 101 part 2!

Saturday, November 10th, 2007

A few months ago I did an entry on using a simplified financial break-even calculation that a business owner could use for high level strategic planning based on what they’d like to make.  You can see the details here.
As a quick summary, the revenue you need to reach a financial break-even point is your Fixed […]

Cash is King…

Sunday, October 28th, 2007

I had the chance to talk with one of my fellow PBCA members (Professional Business Coaches Alliance) the other day who is also a CPA.  I always find it interesting to get his perspective because I (like a lot of people) sometimes get overwhelmed with financial jargon.
Unlike some CPAs, John does a great job of keeping […]

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