Weve written several articles about the importance of regular financial benchmarking (both internal and external) for the health of a business. Of all the financial benchmark ratios a business owner could use to measure the financial health of their business, liquidity ratios may be the most important.
Topics: Featured, Management, Blog Posts, Strategic Planning, The Corner Office, Accounting & Finance
As a business executive, cash management is a vital skill. Cash is one of the top five financial variables by which business are evaluated for potential investment, commercial loan approval and the sale of the business. It is the fuel that drives growth, and managing cash incorrectly can have a negative impact on the success of your business.
Topics: Featured, Blog Posts, Accounting & Finance
If you're a small business owner, you're likely aware of various risks related to your line of work. One that you may not be familiar with is a high concentration of sales or credit. This threat arises when a small number of customers represent a large percentage of your annual sales or accounts receivable.
Topics: Operations, Featured, Management, Blog Posts, Accounting & Finance
Most business owners know how to calculate fixed costs—like rent and equipment—and variable costs— such as wages, utilities, materials, etc.— related to providing goods and services. But there is another kind of cost to consider when making business decisions: lost opportunity cost. While lost opportunity costs can sometimes include intangible factors that are harder to measure, that does not mean they are not real. Savvy business owners understand how to identify and measure them, and how to respond when they arise.
Topics: Featured, Blog Posts, Accounting & Finance
Learn how others do it. Download our guide to growth.
3 Dos and 3 Don’ts - Tips for Moving Your Austin Office Space
Topics: Operations, Blog Posts, Content Type
With the semester back in full swing at Texas Lutheran, Bulldog Investment Company had their first presentations of 2012. During the competition the comment was made that a particular investment should be considered because it was “less risky”.
Topics: Blog Posts, Accounting & Finance
No matter what, the world has changed forever when it comes to hiring. You just don’t need as many people as you did.
Topics: Featured, Management, Blog Posts, Labor & Employment, Human Resources
Dave Sather's Money Matters
Topics: Blog Posts
Updated for 2012
Topics: Featured, Legal, Blog Posts
With the New Year upon us, I am reminded of a conversation with a client some years ago. “Bill” and “Doreen” had come in looking for what they thought would be investment advice.
Topics: Featured, Management, Blog Posts, Strategic Planning, Employee Benefits, Risk Management, Accounting & Finance, Taxes, Content Type
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