by Patty Lawrence | Financial Analysis
Financial intelligence is a requirement for business owners and luckily, it’s a skill that can be learned. As a business owner, you need to make sure you’re acquiring these skills to be able to really work on your business and grow your business. Financial...
by Patty Lawrence | Financial Analysis
Performance measures give you the tools to measure your business. Because, bottom line, what gets measured gets paid attention to and managed. So what measures should you be looking at? Dig into the performance measures you actually need to know, plus gain insight...
by Patty Lawrence | Financial Analysis
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...
by Patty Lawrence | Financial Analysis
Let’s talk about job title inflation. Mark’s company is growing fast. In fact, they’re eclipsing last year’s total revenue before the end of Q3 this year. With three locations and robust marketing activities bringing in new customers, sales are humming. But Mark is...
by Patty Lawrence | Business Management, Financial Analysis, Financial Processes, Leadership, Uncategorized
That’s why I always say trust…and verify. Trust and verification go together. When we automatically trust someone due to their profession or degree, we can get in trouble and give our trust when it hasn’t been earned. Trust is the foundation of relationships that...
by Patty Lawrence | Budget & Forecasting, Business Management, Financial Analysis, Financial Processes, Profitability, Uncategorized
Your banker is your friend. But a lot of entrepreneurs don’t think that. They think the bank is their enemy, and they need to bribe their enemy or do something to gain their favor so they’ll work for them. Recently, I was teaching an audience of small and mid-sized...
