Tag: financial statements

5 Easy Tips for Success in 2013

These tips focus on how to strengthen your business and become better prepared for growth.  They are really easy to implement and they can have a very big payoff.  Ready?  Here we go. Tip #1 If your accounting records for 2012 haven’t been closed out, pull out all the stops with your accounting staff and get any last minute… Read more »

2013 is going to be a great new year

Happy New Year I’m writing this blog on December 29th, 2012 and am looking forward to 2013 with truly a great deal of optimism despite the craziness of our politicians in Washington.  I understand where they are coming from and why it is so hard for them to reach compromise but I have the ultimate… Read more »

Business Modeling – Why and How

Have you ever wondered how to quantify the impact of decisions you might want to consider for your business but just weren’t sure how to get your hands around it?   Sure, most of your day to day decisions are pretty straight forward.   For example, when a supplier’s prices go up you can respond in a… Read more »

Want more cash?

There are definite signs of an improving economy but, as you know, there is still a great deal of uncertainty about where the economy will be this time next year.  The question of the day is this: Is your company in a position to take advantage of business and financial opportunities that are opening up?  … Read more »

Seven tips for avoiding bankruptcy

The original of the article below was published in CFO.com on October 27, 2011.  The author is Chuck Benjamin, President of Benjamin Capital Advisors.  I have made some changes so that the article more closely resembles my writing style but the substance and content are unchanged.  This is great advice for all business owners – read carefully. Companies today are trying… Read more »

Success starts with goals

I just got off a call with a friend who is a retired executive of a Fortune 500 company where he ended his career on their Board of Directors.  He just told me that despite the tough economy that his company just declared a 10% stock dividend along with some other nice little perks that… Read more »

Internal fraud schemes

This is my second of three articles on fraud and focuses on common schemes employees use to steal from their employers. The 2010 Report to the Nations on Occupational Fraud and Abuse found that almost 90 percent of all frauds fell in the generic category of “asset misappropriation.” Not surprisingly the most common asset that… Read more »