Last month PwC published an excellent report on the role of the Board of Directors in identifying when the company they serve might be entering a period of distress or is already in trouble. Further, the report outlined the board’s role in helping companies turn the situation around and minimize damage. The challenge for directors […]
Financials and financial strategy can be the most complicated aspects of running a business, but only if you don’t understand the basics. What follows is part one of my primer on financials for business owners – what you absolutely need to know to begin to become fluent in the numbers behind the profitability, sustainability and […]
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 […]
