How to use leading and lagging metrics to confirm your decision quality
The third step to avoiding business cardiac arrest is grounded in the business truism: you can’t control what you can’t...
Metrics management is the start of a money-making business intelligence system
The purpose of any business intelligence system (BIS) is to make more money. An essential component of any BIS is...
Thirteen principles one must understand about accounting to make more money
The function of accounting will never be able to tell you everything about your business. The financial reports produced will...
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...