As CEOs or business owners of a company, we have no time. The details of driving revenue higher, managing cash flow to meet obligations, marketing our firms, delivering high quality products/services, and handling the billing and accounting of our companies are immense and pressure-packed. But we have the same amount of time in a day…
Nancy McGill, Cartridge World Lawrenceville; Neeli Shah, The Law Offices of Neeli Shah; and Karl Barham, Transworld Business Advisors of Atlanta Peachtree On this episode of ProfitSense, host Bill McDermott welcomed three accomplished business leaders. Nancy McGill, Cartridge World Lawrenceville, discussed Nancy’s 2022 Gwinnett Chamber business award, the upcoming 20th anniversary of her business, what differentiates…
Every business owner wants to grow their business. However, many business owners don’t where to start or what to do. Growth for “growth’s sake” is not a good strategy. But, achieving scale is. Achieving scale is where you can consistently achieve revenue growth on a relatively stable cost or asset base. In other words, the…
When Warren Buffett speaks, people listen. He is a master storyteller. Buffett has been quoted saying, “Accounting is the language of business, and you have to learn it like a language.” Mr. Buffett makes great investments in great companies. “To determine a great company requires an understanding of accounting and the ability to read and…
Every business owner wants to make more money and maximize profits. The problem is many business owners don’t know what they should be paying attention to. They aren’t sure if the decisions they’re making are helping or hurting. Often, they’re confused, frustrated, and sometimes overwhelmed. Every business owner deserves to have a business with a…
Every business owner wants to make more money and maximize profits. The problem is many business owners don’t know how to manage the finances of their business leaving them confused, frustrated, and sometimes overwhelmed. They’re not sure if the decisions they make are helping or hurting. Every business owner deserves to have a business with…
For many business owners, it can be difficult to have the vision to see where they want to take their company, how they’re going to get there, or even if that’s the best path for them to take. This is a big energy drain going through various iterations of their company’s future, leaving them tired, confused,…
Recessions are stressful and challenging for any business owner. Even more so when you don’t know if the decisions you’re making are helping or hurting. Every business owner deserves to have a company with a strong financial future. All recessions have their own unique twist; however, they all follow a pattern. Revenue goes down, there…
Recessions are stressful and challenging for any business owner. Whether it’s your first recession or your second, third, or so on, it’s hard to know how to prepare for the worst and whether the plans you’ve made will help or hurt. Every business owner deserves to have a company with a strong financial future. In…
When a recession comes calling, many business owners don’t know how to decide to weather the storm. They don’t know where to start or what to do leaving them confused, worried, and sometimes paralyzed. Financial security for your business shouldn’t be so hard to achieve during times of economic uncertainty. Recently, we talked about how…
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