4 Ways to Measure the Health of Your Business
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4 Ways to Measure the Health of Your Business

Last week we talked about working on the business. Moving your business ahead may require that you step back to gain a healthy perspective. Delegating tasks to others who are equally or more talented at accomplishing them will free up your time to working on marketing, new business opportunities or maybe even a company acquisition….

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
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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
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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…

The Business Owner’s Cheat Sheet: Working ON the Business

The Business Owner’s Cheat Sheet: Working ON the Business

2016 is in the books and a new year starts. Many of the clients I start working with are so busy working IN the business, they don’t take a step back and work ON the business. Have you had the experience in your business where you can’t see the forest through the trees? Here’s a…

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