Investors as famous as Warren Buffet have dismissed profitability, as measured by EBITDA, as a suitable corporate financial metric, favoring “Owner’s Earnings” or Operating Cash Flow instead. Given Mr Buffet’s record of success, it is hard to argue the point . . . on...
Has your identity been stolen? If so, you’ve probably frozen your credit. Maybe even changed your phone number and email address. I’m guessing you’ve also updated the contact information on all your accounts. Things are looking up. At least you’ll be informed if...
My last blog outlined several immediate strategies for improving cash flow. Yet, actively managing your working capital, changing sales terms, and cutting unnecessary expenses only goes so far. What more can be done if cash balances are still lagging? Consider taking...
With April 15th on the horizon, managers’ thoughts often turn to cash flow. Or the lack thereof. For many, prior year planning never happened and a substantial tax bill looms. What can be done to improve cash flow? It’s a question we hear with some frequency. My...
In my last post I detailed which small businesses might benefit from expert financial advice. Every single one. In this blog, I will provide concrete, recent examples. It is the rare Worldwide Local Connect (WWLC) client who comes to us seeking a part-time Chief...
“Financial advice, schminantial advice!” Too often, business managers dismiss the need for such services. Yet, these same individuals have no hesitation entrusting their personal savings to investment advisors. Why should one’s business finances be treated...
