Measuring Employee Performance

Measuring Employee Performance

Having an employee performance evaluation system is important for all companies. How do you promote and develop the “best and the brightest,” if you don’t have a reliable way of identifying them or comparing them to others in and outside of your company? It’s...
Cash Flow Management: What you need to know

Cash Flow Management: What you need to know

By adopting and implementing a system of monitoring, analyzing and adjusting cash flow, a company can avoid cash shortages, while having a plan in place should a problem occur. In its simplest form, cash flow management enables companies to gain control of their cash...
Cash Flow Management (Managing Accounts Payable)

Cash Flow Management (Managing Accounts Payable)

Managing accounts payable is an important component of cash flow management. We have a different view on cash flow, as it relates to accounts payable vendors, than most people do. We recommend that your vendors be treated in the same manner as your accounts receivable...
Cash Flow Management (Your Banking Relationship)

Cash Flow Management (Your Banking Relationship)

The relationship with your business banker is a very important aspect of running a successful business. How is this applicable to cash flow management? The answer lies in the fact that if you have a line of credit, business loan, or any other type of financing, or may...
Cost Management or Cost Reduction?

Cost Management or Cost Reduction?

Cost management or cost reduction are commonly seen as cutting budgets, doing less or downsizing. We see it differently. It’s about finding and removing waste, getting to know your business, and spending more time on those things that matter. There seems to be a...