A weathervane points to which way the wind is blowing. And when it comes to running a company, key performance indicators (KPIs) signal which way the money is flowing. To make smart business decisions, you need to understand your numbers—you require a barometer that...
5 Actionable Growth Strategies As a small business owner, you’re responsible for encouraging the growth of your small business—a job that requires more than serving customers, hiring employees, and sticking to a budget. While these aspects of business...
A business’ success is often marked by positive outcomes like revenue growth and profits. But these accomplishments are easier said than done. The road to success is often fraught with unknown variables, setbacks, and market shocks. But what if you had a map to guide...
For most businesses that evolved from startup to successful enterprise, the fruits of their labor were ripened by diligent financial planning, projection, and analysis. They used their financial records as roadmaps towards growth, allowing them to build accurate...
Budgeting and forecasting are accounting and finance processes helpful for setting goals and measuring a company’s growth. Although the terms are often used interchangeably, they have some differences to be aware of. What is Budgeting? A budget is a...
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