Companies that do not financially project the road ahead are at risk of missing essential, early warning signs… signs that may signal challenges on the horizon. In today’s newsletter, we take a look at these indicators and offer suggestions for honestly and realistically assessing what’s headed your way. Read more…
Most businesses “Make Money.” But do they make enough? “Making Money” or being profitable is an imprecise term, one with several possible definitions depending on the measures used and the circumstances involved. Understanding your cost of capital — and translating it into practical business measures and decisions — is a critical aspect in this regard. Read on for more on this important topic. Read more…
A lot has been said and written about the differences (and, therefore, difficulties) inherent in working with today’s Millennials. While I acknowledge that differences exist, for the most part, the various generations have more in common than we may realize. Instead, I recommend focusing on six areas that well-led organizations tend to share, the subject of today’s newsletter. Read more…
Do you know what a Fixed Charge Coverage Ratio is? You should. A lowering of this important ratio is a warning that your company’s financial situation has deteriorated. And, the structure of your debt affects this ratio too. Today’s newsletter explains the FCCR and why it matters to those who would lend you money, as well as to you, for keeping an eye on the financial health of your operation. Read more…
When it comes to selling a business, whether or not any business-owned real estate is included as part of the transaction will depend – on the seller’s circumstances, the buyer’s circumstances, and the real estate market itself. Today’s newsletter explains the choices and the trade-offs involved. Read more…
There are many ways to kill a business. Taking out too much money is one of them. When you take too much out of a business, it will begin to decline and eventually fail. Today’s newsletter examines the most common ways to “accomplish” this and offers suggestions for both avoiding and fixing the problem. Read more…