Time and time again we’ve seen public companies grow themselves out of business and one would wonder: Where was their board? While I’ve written many articles about what companies should have in place for sustainable, profitable growth, we haven’t yet looked at the board’s role in the equation. So, what questions does the board need […]
The 8 Financial Key Performance Indicators Every CEO Needs to Measure Once your accounting basis is correct and you’re producing the key 3 financial documents, you can analyze a lot about your company’s financial health. But you still don’t have the full picture. To really understand what’s going on you need measurements that will tell you […]
Let me tell you about two business owners. One couldn’t sleep at night. She was concerned that her company’s growth was getting out of hand. She wasn’t sure if she could afford to scale the business and didn’t know what scaling meant in terms of cash and profitability. She made the decision to […]
While every business has its ups and downs, and while not every decision leads to increased profitability, there are certain choices business owners make that ultimately become the backbone of their overall business growth and success. Following are the five best decisions I personally made while growing my own company – those decisions that […]
When businesses try to figure out why they are in trouble, looking at columns of numbers or endless pages financial statements to find the problem can seem like searching for a needle in a haystack. What they need is a magnet. When assessing financials, there are several “magnets” that help us pull out the information […]
