Are Processes, or the Lack of, Killing Your Productivity?

Are Processes, or the Lack of, Killing Your Productivity?

Processes are supposed to help organizations scale and improve efficiency, but they can quickly get out of control. The flip side is a lack of processes can create inefficiencies. The lack of processes or process redundancy can have a significant impact to your bottom line. Here are a few examples of productivity killers that might…

What is Operating Leverage and What Does it Mean to my Business?

What is Operating Leverage and What Does it Mean to my Business?

Operating leverage measures a company’s fixed costs as a percentage of its total costs (fixed and variable). It is used to evaluate the break-even point of a business as well as the likely profit levels on individual sales. If a large proportion of a company’s costs are fixed, it is considered to have high operating…

2 Questions to Ask Yourself Before You Talk to a Bank
|

2 Questions to Ask Yourself Before You Talk to a Bank

Trying to get a line of credit? Frustrated with the bank process? You’re not alone. Navigating the banking landscape can be a very time consuming process.   There are two questions you need to answer before you start: Are you bank ready? Are you bankable? What is bank ready? Bank ready is nothing more than being…

4 KPI’s You Should Be Using In Your Business
|

4 KPI’s You Should Be Using In Your Business

KPI’s, key performance indicators are critical for managing your business. You can’t manage what you don’t measure, right? Goals allow us to stay focused and manage our businesses effectively. Here are 4 KPI’s for you consider: Liquidity– You may be profitable, but how much cash do you have in your bank account?   Measure your cash…

End of content

End of content