Many business owners think they have an accurate idea about the value of their business. Owners may be surprised to find that “the gap” between the current value of their …
Published: 11.01.21
By Keven Prather
Published: 10.02.21
By Ruth King
Published: 08.31.21
By Ruth King
Published: 07.02.21
By Ruth King
As much as we don’t want to admit it, cash flow is the lifeblood of a company.
Published: 07.02.21
By Keven Prather
A consistent gross margin means that your profit and loss (P&L) statement is probably accurate (unless you discover overhead mistakes).
Published: 06.07.21
By Ruth King
Save the amount of cash that is comfortable for you. Get in the habit of putting money in savings accounts.
Published: 05.11.21
By Ruth King
Continuous profits, turned into continuous cash, give your company the best chance for survival and building wealth.
Published: 04.01.21
By Ruth King
Your company’s current ratio should be monitored monthly. It should always be greater than one. It should be constant or trending upward.
Published: 03.08.21
By Ruth King
A good debt policy looks at your receivable days and your debt percentages.
Published: 02.09.21
By Ruth King
Inventory tracking is key to a sound cash policy. You don’t want to spend cash you don’t need to spend.
Published: 01.08.21
By Ruth King
Sales count. Profits count. But they’re worthless if you don’t collect the money those sales and profits generated.
Published: 12.09.20
By Ruth King
Every bank deposit should have one percent of the deposit amount transferred to a savings account.
Published: 11.06.20
By Ruth King
To be successful as a business leader, you have to have a grasp of the basics.
Published: 11.06.20
By Shane Rau
Cash is the lifeblood of your company. You should watch it every day.
Published: 10.08.20
By Ruth King
If your company has a great reputation, then people will want to work there and want to stay there.
Published: 09.01.20
By Ruth King
Make sure you understand the impact of Paycheck Protection Program loans.
Published: 08.10.20
By Ruth King
You need to create your updated P&L to show at least a few dollars of profit at the end of the year.
Published: 07.09.20
By Ruth King
Self-made billionaires almost universally have well-established and powerful personal brands that they use opportunistically to generate even greater success.
Published: 06.08.20
By Keven Prather
Many people are home, and want to get their systems ready for summer now.
Published: 05.01.20
By Ruth King
Exploiters are professionals who recommend aggressive variations of financial solutions and strategies.
Published: 05.01.20
By Keven Prather
A maintenance program can help your company in the long haul. Learn more in this valuable article from HVACR Business Magazine.
Published: 04.01.20
By Ruth King
With success come enemies, so get comfortable with others resenting you or viewing you negatively.
Published: 04.01.20
By Keven Prather
You can enjoy the fruits of your labor. Just don’t do it to the detriment of your company.
Published: 03.01.20
By Ruth King
As with any decision, there are both positives and negatives to a will. The benefits of writing a will far outweigh the drawbacks.
Published: 03.01.20
By Keven Prather
The total balance on the accounts receivable and accounts payable aging reports should match the values printed on the balance sheet.
Published: 02.01.20
By Ruth King
The heads of many of the wealthiest families are concerned about their heirs’ ability to smartly deal with the money and business assets they will one day inherit. This is …
Published: 02.01.20
By Keven Prather
Accurate books mean better decisions about your business future.
Published: 01.01.20
By Ruth King
Using a trust to freeze the value of your company can help you pass on sizable sums to your heirs — free of estate taxes.
Published: 01.01.20
By Keven Prather
It’s vital to know your options and plan for the future to obtain financing that will not constrict the cash flow of your business.
Published: 11.01.19
By Brandon G. Jacob
Whether residential or commercially focused, all companies need a thriving maintenance program.
Published: 11.01.19
By Ruth King
What matters is the bottom line dollars or that the gross margins are consistent.
Published: 10.01.19
By Ruth King
Profitable contractors do two things extremely well: Manage labor and manage inventory.
Published: 09.01.19
By Ruth King
Once owners are in the habit of receiving financial statements and asking good questions about them, they get more accurate.
Published: 08.01.19
By Ruth King
Accurate financial statements are critical to ensure that the business is profitable or to give owners the information they need to take steps to make it profitable.
Published: 07.01.19
By Ruth King
Collect for profitable work quickly, pay the bills associated with that job and stay solvent.
Published: 06.01.19
By Ruth King
