What’s your cash flow cycle? Is your business running on a 30-day cycle? 45? 90? The quicker and more efficient your cash flow cycle, the more time you can spend harvesting the rewards of business, as opposed to the gymnastics of managing Accounts Receivable (AR). You can leave the grind behind—and claim the envied status… Read more »
More often than not, when I meet business owners and they start talking about their financial challenges, it becomes apparent that they do not have or follow a coherent strategy for their business. One way to get started with basic strategic planning is with a SWOT Analysis. Most business people have heard of the SWOT… Read more »
Every business owner wants to increase the sales of their company! What is less common is knowledge of how to use financial strategies to have an impact on increasing sales. If you are not employing these six strategies, you are missing out on incremental sales that could have a huge bottom line impact. Increase the amount… Read more »
Many business owners and entrepreneurs don’t always know when to switch to plan B. Robert Chess, a lecturer of management at Stanford Graduate School of Business and chairman of Nektar Therapeutics, a biopharmaceutical company offers some interesting advice on when owners should pivot to a different business plan.
There are a a number of reasons why businesses struggle, often it’s a matter of sales volume. Evan Asano, CEO & Founder: Mediakix.com offers some sound advice to help you focus your business development efforts to build/re-build sales, his three best recommendations in my opinion: Hire the absolute best people you can find. Stop trying to… Read more »