-
-
What Every Business Owner Should Understand About Financials Part 3 of 4
- Financial reports are only useful if you apply the information within them for making informed decisions. Reviewing statements without acting is like reading a GPS and never turning the steering wheel. Forecasting Your Financial Statements are a snapshot of your business’s financial performance up to a given moment in time. They contain a backwards look […] Read More
-
-
-
What Every Business Owner Should Understand About Financials Part 1 of 4
- Many business owners rely heavily on their accountant or bookkeeper to keep financial records up to date and accurate—and that’s essential. But delegating the tasks should never mean delegating understanding. Too many businesses fail not because the product is weak or the market disappears, but because the owner didn’t fully understand their financials. Understanding your […] Read More
-
-
-
The Top 7 Reasons Why You Should Have a Budget for Your Company
- During my 17 years as an ActionCOACH business coach, I have noticed several “themes” about business that keep coming back to the top of my work with my clients. Currently, my clients have been developing operating and development budgets for their businesses. A budget for your business is an important tool because it helps you […] Read More
-