We’ve all heard the phrase, “Get your ducks in a row.” When it comes to business finances, this concept can mean the critical difference between loss and profit. Failure to keep your books in order will cost you, but streamlining your finances empowers you to make informed decisions for your business. If your accounting functions… Read more »
Running a business is a matter of balancing potential risks against expected outcomes. Many factors can lead to unexpected financial loss, but a few simple steps can protect your business from significant financial challenges. To help you build a strong foundation, I recommend you read an insightful list of tips from the Forbes Finance Council.… Read more »
If you’re starting to see dips in your profit, it’s important to take proactive steps. While boosting sales efforts and marketing are the most common, there are a number of other measures that can help. To get other ideas for how to grow profits, I recommend that you read an article on Forbes.com that features… Read more »
Do you have a proven best practice strategy for bid pricing? Do you effectively anticipate your competitors strategy? If you haven’t addressed these questions, you may be bidding too high or too low, which could spell trouble for your business. Thankfully, a recent article from Forbes.com offers sound advice to simplify the bidding process and win… Read more »
Almost a third of businesses fail due to problems with the financial structure of the company, but you may be able to avoid this trap by understanding and monitoring certain key financial metrics and taking the appropriate actions. To assist you in this process, I recommend that you read comprehensive article that explores seven key metrics… Read more »