What's your financial cadence?
Business owners have a typical financial review process that goes something like this:
- Bookkeeper or CPA sends financial statements
- Owner stashes financials in a drawer/folder
- Those financials are never touched
Financial statement analysis is the primary tool ...
What is capex and why does it matter?
How well do you understand the concept of depreciation and capital expenditures (capex)? Can you relate it to your own business or another business owner?
It's a tough one even for seasoned finance pros.
This is the best explanation of capex I've ever come ac...
How do you define success in your business? To me, it means the ability to take consistent cash distributions from a company.
1) Repurposing prices
This tactic could work for both inventory and service based companies. Get creative on pricing. Instead of taking your slow moving inventory and deepl...
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