Creating a business intelligence system to make more money lies in your metrics management
The purpose of any business intelligence system (BIS) is to make more money. An essential component of any BIS is...
Hold weekly management team meetings to unlock higher profits and more consistent cash flow
One of the easiest ways to tell whether a business is in the higher or lower stages of business profitability...
Business alignment ensures that sales, operations, finance, and management are moving forward together
You wouldn’t think twice about checking your tire pressure before taking a high-performance car through its paces on a mountain...
Understand how accounting debits and credits work to get more benefit from your financial statements
Every business transaction creates an accounting event that affects at least two areas of your business financials. This is why...
How financial statements are used to manage the most profitable businesses
Every business starts with cash, which is invested in numerous ways to generate revenue. Ultimately, any revenue is turned back...
Why is the accuracy of business financial records vital to every business owner?
Your confidence in developing an achievable twenty-four-month profit plan starts with the quality of your historical financial data. Successful and...
Why should I care about my financial reports?
Cash is not profit, and profit is not cash. You need both to sustain and grow a business through the...