One of the interesting reactions to a recession is a business owner’s renewed focus on their Overhead Costs. In earlier downturns, we have encouraged clients to establish an internal team to evaluate all fixed and variable expenses of a business … Read more
Downturn Survival Guide
Here is our invaluable Downturn Survival Guide for Business Owners. Having helped many clients through times over the past few decades, we put our collective experience into a checklist of those practical and clever things we should be doing right … Read more
Why is cash more important right now than profit?
How much cash is tied up in your business? It is easy to see. Every time you look at a set of accounts, the balance sheet shows you the breakdown.
Of particular interest is that component that is the liquid part … bank accounts (positive or … Read more
Flying blind
“How’s your business going”?
Often the answer is friendly, “good”. But a more thorough questioning may reveal that the owner really doesn’t know what’s going on inside his or her business.
Does the business owner intimately know the … Read more
