My last post began the climb to a higher understanding of your income statement and how to use it to make more money. This post takes us to the next rung on the ladder of income statement intelligence by presenting some basic P&L analysis. By the end of it, you will know how to tell […]
Capital One asks, “What’s in your wallet?” Business owners may feel like “Not enough!” Unless owners and managers know their income statement backwards and forwards, the unfortunate result may in fact be, “Not enough!” This blog post is the first in a series that deals with how to utilize your income statement to make more […]
World-class accounting and experienced financial management can take your business to the next level, make you wealthier and make it easier for you to manage your company. It has been commonplace for business owners to look at accounting as a cost center rather than a profit center. But for owners who invest in such expertise, […]
Having expertise gaps in your accounting department results in lost profits. Period. Accounting involves fundamental tasks that must be done no matter the company’s size. Don’t do those tasks? Then profits will fall through the cracks and you’ll work harder than you need to and make less than you should. How do you know if […]
What’s a CFM Firm Do? Tasks, for one thing. Here’s a real estate case where we developed a financial model that formed the basis of a joint venture.