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Category Archives: Finance & Administration

Topic is Finance & Administration

Keys to a Successful Project: Relentless Stakeholder Communication

I have led projects in several different capacities for over 20 years and have learned much about what works and what doesn’t.  One thing that is a must is strong communication to all stakeholders.  Who are the stakeholders?  Anyone that in anyway is affected by the outcome of the project.  Executive leaders, managers, process owners, [...]

Why Are Financial Statements Important?

We hear this regularly when we are meeting with business owners; especially relatively new businesses.  Some of you may be thinking, “How can you ask a question like that?”  Let ‘s see if I can answer both questions. Financial statements are important for many reasons, but here are three significant reasons. Financial statements tell you [...]

The Urgent Need For Clarity

By Kathryn Weber, PHR Why are so many experienced professionals saying that the business climate today is more unforgiving than ever? It is faster paced, with shorter turnaround times, combined with demands to address relentless change. In addition, the level and quality of competition is greater than ever. The pressure to perform is extraordinary! So [...]

How Do I Control The Cash In My Business?

By Erik Owen If you don’t have to worry about cash flow these days, you are not only fortunate, but also in the minority.  Whether your sales have dropped or you are beginning to grow, many different factors can put demands on your corporate cash. Here are some management techniques to help you manage your [...]

Using Microsoft Excel To Supercharge Your Profits

By Lorry Rifkin Microsoft Excel is omnipresent in the business world today. It is used to help run millions of business. Users have all levels of training from formal classes to learning from a fellow employee’s hands on training. Because it’s so easy to start using Excel and seeing numbers result from that use, little [...]

Preparing to Exit – Assembling Your Exit Planning Team

By  Frank Orlando We’re entering the heart of tax season, and business owners are meeting with their CPAs and accountants to review their taxes and discussing the previous year’s performance.   While this annual ritual of meeting with your accountant is important, there is another regular meeting that should be taking place for every business owner [...]

What in the World is Business Continuity Planning?

By Scott Owens, PMP, CBCP Business Continuity Planning involves the analysis, preparation, and planning that are necessary to minimize loss and ensure continuity of an organization’s critical business functions in the event of a disaster. A Business Continuity Plan (BCP) is designed to outline the steps required to recover the systems and business processes that [...]

Things you probably don’t want to know: How much is your bad sales forecast costing you?

By Mike Williams and Erik Owen If you’ve stopped trying to fix the bad guesses about future sales, then you must be resigned to the amount of money it’s costing you. It’s just the way it is, “The Cost Of Doing Business.” Of course we beg to differ, and convincing you starts with putting a [...]

Sales Are Improving, So Why Don’t I Have Any Money?

By Mike Williams It is one of the most frustrating realities of business, that after all your efforts and hard-fought battles to gain new business, you have run out of cash. If you have been in business long, or if you are the one who started the company, you have almost certainly have had times [...]

Employee Health Care Costs: The Risk of Doing Nothing

By Peter Rathmann Companies are realizing today more than ever that they must take direct action to control their health care costs.  Congress passed health care reform in March 2010 but we have found it does more to shift cost premiums to employees and carve out benefits currently offered, than actually rein in costs.  These [...]