Financial statements for business owners
Understanding financial statements isn't just for your accountant, or your CFO. As a business owner, it’s important to understand some key things about your financial statements. When you do, you'll have the data you need to make good decisions that take your business...
Collaboration or Competition?
Patty with her team after winning the USTA League Championships in 2022I play competitive tennis on several teams because I can, and because I love it.This particular weekend, our 18+ team was competing in league playoffs. For our match, my partner and I were on a...
How much cash do you need to have?
Cash is king when it comes to running your business. But... How much cash do you need to have? How does cash flow work with other numbers in your business to give a clearer picture of its health? What are the specific differences between cash flow and profit that we...
Accounting fundamentals you need to understand as a business owner
You may want to leave all things accounting to your team, but it's a mistake. As a business owner, you need to have a basic understanding of some key accounting fundamentals to gauge the financial health of your company -- which is something you should always have...
Capital planning 101 for business owners
Capital planning addresses the resources (including money and people) needed to support and grow your business over the planning horizon of your strategic plan. The capital planning process can also help you avoid problems down the line, like not having the resources...
Are you planning for the people side of your business?
We don't just need to plan our money and strategic growth moves. We also need to plan for what keeps the business really running: our people. Companies are people driven. You need great people inside and outside of your company: employees, contractors, clients,...
Reports always late? Your accounting department might be doing this.
Does your accounting staff give you reports two to three months late every time, making it hard for you to actually make decisions based on the numbers? One of two things is probably happening: they don’t have the right level of expertise to give you the reports you...
The 4-Ds of Growth Planning
The 4 D's are Drivers, Demands, Disciplines, and Decisions. Together they make up the 4-Ds of growth planning, a framework for a proven business growth method that achieves results. This framework comes from Verne Harnish’s book Scaling Up, a book about how to grow...
Cash flow planning for business owners
Where's your cash going? Cash is the fuel for your business and it allows your business to go more places. The more cash you have, the more options and opportunities you have for expansion. So I say: pile it high and deep. That way, you’ll be able to take advantage of...
How to create a one-page strategic plan for your business
Business planning consists of the planning activities that guide the success and direction of your organization. Strategic planning is a specific type of business planning that can help you better dial into what you need to do in the next year, understand how...
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Turbo Execs LLC
590 Centerville Road #258
Lancaster, PA 17601
What We Do
At TurboExecs, we reveal the story behind the numbers, by providing the tools, systems and insight for you to grow your business with confidence.