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Lessons from Groupon

A recent kerfluffle with Groupon illustrates several reasons companies need a firm handle on internal controls. All controls should be established in a company’s infancy and refined as the business grows. Waiting for a convenient time (that never comes) to implement good controls is usually a recipe for disaster.

Cash Flow: More Than Just Budgeting

Cash Flow: More Than Just Budgeting

We often advise companies in how to best fund growth. This begins with cash flow forecasting, which enables management to predict potential rises and falls in available cash over a period of time. Without such tool, you will be flying by the seat of your pants with empty pockets. Nothing is more important in financial management […]