The financial analysis of a business can seem complicated but there really is no need for this complication. Every financial story in any currency, in any sector, and in any business model boils down to two things! Volume and yield. Let’s take a simple example...
I was recommended a great book to read by my friend Loren Carlson (Chairman of the Boston based CEO Roundtable) – The Outsiders by William N. Thorndike, Jr. subtitled, Eight Unconvential CEOs and Their Radically Rational Blueprint for Success. So you thought...
There was a fascinating article in the FT last week concerning Intuit and others using big data to smooth bank lending to small business. The key developments were: 7 Interesting Developments QuickBooks (owned by Intuit) have developed a platform called Quickbooks...
Raising venture capital immediately transforms your balance sheet into a platform for scaling. Of course failure is still a high probability. Especially if you execute the wrong things. But that immediate injection of capital allows management to roll out their...
It seems simple enough but seldom done. The ingredients of a robust set of monthly cash targets for your credit control team: Ensure all customers are clear on your terms of trade. Ensure you have a query/problem resolution system in place to resolve billing problems...
There’s always knowledge to be learned from a book and then there is the important stuff to be gleaned from running a business. A Balance Sheet is a snapshot in time, like a photograph. It is not a video. It cannot show motion. It can only show a static picture....