Tag: best practices

Keep Your Receivables Flowing Smoothly

manage receivables and stabilize your cash flow

No business owner wants to face a cash flow crunch. Unfortunately, many entrepreneurs find themselves in a sticky situation because of unforeseen issues with their receivables. To keep your receivables flowing smoothly, I recommend a short article from CEO World. You’ll learn the three cornerstones of receivables management that will set your business up for… Read more »

How to Identify Your Daily Cash Position Faster

How to Identify Your Cash Position Faster

To keep your business ahead of the competition, you’ve got to know your daily cash position.  The more efficiently you are able to process this metric, the more time you will have to assess what it is strategically saying.  But establishing a cash position can be complex and labor-intensive, especially for larger companies. Thankfully, new… Read more »

Are Your Financials Confusing or Meaningful?

Simplify your metrics

If you want to be aware of your company’s financial wellness, it’s essential to have and understand financial metrics. The good news is that as a business owner or CEO, you don’t have to track everything and there are things you can do to make financials less confusing. To read how to create winning C-suite… Read more »

Is Your Marketing Strategy Paying Off?

optimize your budget allocations for marketing

Marketing makes up a significant portion of your budget, so it’s essential to make every dollar count. But how do you measure the impact of those advertising dollars? Most businesses use the traditional “marketing mix” model to analyze their marketing strategy, but a recent article from cfo.com points out critical shortcomings in this model. To… Read more »