Great. Good. So-So. Bad. It’s been quite a year for all of us. As I look back on this year and think about my clients’ results – determining wins and losses with hard, comparable data on sales, margins, efficiency, and profitability – it is sometimes still hard to quantify a year as a great year, …
It’s the fourth quarter and your team has the ball on the 10-yard line. The score is tied with two minutes to go. Football is particularly exciting (or nerve-wracking) as the game winds down and the score is close. What happens in that last quarter determines who wins the game. The fourth quarter of your …
It’s that time of year again – the first half of 2022 is already over. We’re at half-time, just like in a football game. This is when the coach takes the team to the locker room to examine how they’ve performed so far, give some leadership inspiration, and reinforce the plan to regroup and outperform …
It’s time again for a quarterly review. The first quarter just ended. Check in to see how your performance is tracking compared to your goals. Do you need to rethink any goals or realign any projects? Are you on track with your financial forecast and the large projects you laid out last fall in anticipation …
Quarterly Review: Review. Reframe. Realign. Rekindle. Read More »
CEOs and business owners are under a tremendous amount of stress these days. Even if the business is profitable and has decent cash flow, leaders face uncertainties such as supply chain issues, inflation, difficulty finding staff, the potential of rising interest rates, the pressure of the board of directors to perform better and corporate taxes. …
How CEOs can Transform Financial Stress into Success Read More »
I work with many bankers and lawyers who call me when they have a customer or client whose company balance sheet shows they need help improving their business. The initial assessment takes about a week. We review the companies’ internal controls and backroom systems. Then we look at the historical financial statements, the current forecast, …
A report from IBIS World on business valuation firms in the US said 98% of business owners did not know the value of their company. The fact that most business owners don’t know the value of their business surprises me.
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What a year! We said that at the end of 2020 and as a business owner or executive, you’ve had your second-challenging-year-in-a-row. Finding good staff, dealing with supply chain delays, PPP loans, etc. Things have continued to change; I hope you’ve been able to adapt your business to thrive. Pandemic or not, it’s the time …
I was listening to a podcast the other day discussing what is necessary to practice high performance. The host posed a thought-provoking question to the guest: “Are you interested in high performance, or are you committed to high performance?” There’s a big difference. This question prompted me to increase my intensity now in order to get my Q4 projects wrapped up …
I have written a collection of posts for many years on topics related to cash flow, healthy and fitness, personal development, strategy, productivity, processes, and profit. I believe that we can succeed in business and life by continually growing and learning. Click on any of the categories to find my posts on that theme.