Teaching Financials to Drive Performance: Part 2, The Income Statement
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Teaching Financials to Drive Performance: Part 2, The Income Statement

ByBill McDermott

Every business owner has a big vision for their company and wants to make it happen. However, when the owner is struggling with making the company bigger, they often get confused or frustrated that it’s not happening. They didn’t teach you how to grow your company in college and there’s no on-the-job training when you’re…

What You Really Need to Know About Changes in Accounts Receivable

What You Really Need to Know About Changes in Accounts Receivable

ByBill McDermott

80% of startup businesses fail in the first 5 years and 50% of those fail because of cash flow issues. I hate to see so many failures because of cash flow when it’s something that can be prevented or mitigated. One major cash flow killer in a business is the slowdown of collecting accounts receivable….

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