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Four Ways to Measure Your Business Health

January 15, 2014 by Judi Otton 2 Comments

There are plenty of ways to assess your physical health (weight, BMI, cholesterol, resting heart rate, blood pressure, etc.) and we ought to be looking at our businesses similarly.  Here are four areas to review when assessing your business health. Numbers – of course I have to start here.  Do you know if you are […]

Filed Under: Articles Tagged With: Cash Flow, Forecasting, Profit, Use

4 Actions to Take Now to Start 2014 Right

December 27, 2013 by Judi Otton 1 Comment

Want to start 2014 right?  Here are four ways to get there. Purge – I don’t know about you, but I have stacks of magazines, files, links on my computer desktop of things I wanted to read or follow up on but that just weren’t all that important.  I find that purging those items as […]

Filed Under: Articles Tagged With: Budgeting, Use

Four ways your financial forecasting may scare you

December 16, 2013 by Judi Otton Leave a Comment

When we first started doing financial forecasting in my last business, there were times when the results were not ideal, and sometimes even downright scary. After a while, we began to see some patterns and were able to tell what kinds of things to be concerned about, and what was “noise”.  Here are some tips […]

Filed Under: Articles Tagged With: Forecasting, Sales, Use

5 Tips for Small Business to do Before Year End

December 11, 2013 by Judi Otton 1 Comment

The year is coming to a close.  Are you ready?  Here are five tips for small business owners that you can do now to end your year right. Make sure your 2013 finances are in order – Are your expenses in the right accounts, how are your receivables?  Should you write them off for 2013? […]

Filed Under: Articles Tagged With: Profit

How did we use financial forecasting?

December 2, 2013 by Judi Otton Leave a Comment

At my last company, as COO and later CEO part of my responsibility was overall financial management.  Early on, we were thinking about moving into a larger office.  The costs would have been substantially greater than what we were paying at the time, so our ability to pay for the space going forward was a […]

Filed Under: Articles Tagged With: Cash Flow, Financial Forecasting, Forecasting, Profit

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