All businesses should review their expenses periodically.
Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival.
All businesses should review their expenses periodically.
Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival.
Managing a business in inflationary times is challenging. In the worst case, a relatively small increase in the cost of supplies and labor can put the entire business at risk. More likely, inflation will lead to a reduction in profit and business value. This short...
An important responsibility of leaders is figuring out how to fund business operations and growth plans.
In the best case, a business will generate enough cash for operations, growth, and shareholder dividends.
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All businesses need to take a strategic view of finance from time to time. And, not surprisingly, this takes a certain degree of experience and expertise. For firms who cannot afford to hire a full-time CFO, one option is an outsourced CFO. Let’s explore this further...
The strongest businesses closely manage their supply chain to improve profitability and cash flow. This challenge is even greater in times of supply chain disruption. In this short video, we offer guidelines aimed at increasing supply chain...
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Unfortunately, in a world of digital financial networks and online commerce, the risks of cyber fraud are greatly increased. By creating a counter-fraud culture, Businesses can greatly reduce their risks. In this short video, we suggest 7 concrete steps aimed at...