Remove Cash Flow Remove Company Remove Efficiency Remove Metrics
article thumbnail

Benefits of Small Business Consulting

Business Consulting Agency

In today’s competitive landscape, leveraging small business consulting services can be a game-changer, providing expert guidance, strategic insights, and actionable solutions that drive growth, efficiency, and success. Benefits of small business consulting services are outlined.

article thumbnail

Unlocking Business Profit Potential

Business Consulting Agency

Whether you’re a startup or an established company, consulting services offer expert guidance to enhance your profitability. Review income statements, balance sheets, and cash flow to identify areas that impact profitability. It might involve cost reduction, pricing optimization, revenue growth, or operational efficiency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Looking Beyond Short Term Financial Metrics (Nigel Lake, Part 2 of 10)

Tom Spencer

Tom: Do you think that short term financial metrics are part of the problem in developing long term strategy? Nokia is a very good example of a company [that was dominated by this kind of myopia]. And then Apple comes along, and Nokia goes from being the biggest phone company in the world to not being a phone company.

Metrics 60
article thumbnail

We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

The McKinsey Global Institute, in conjunction with FCLT Global, recently released research stating that long-term-oriented companies perform better than those that focus on short-term results. While a laudable effort in principle, measuring a company’s tendency to make myopic operating and investing decisions is fiendishly complex.

Metrics 28
article thumbnail

A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. Many of these metrics are disclosed in Facebook’s financial statements.

article thumbnail

Growth by Acquisition Isn’t for Everybody

Martinka Consulting

In my book, Company Growth By Acquisition Makes Dollars & Sense I have a list of 19 reasons to consider growing by acquisition. Customers (efficiency vs. make more calls) Yes, we can! If you acquire their company and create an atmosphere of growth, those employees will want to stay. The icing – the top three.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

“The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. ” If you’re unable to contribute to a discussion on the company’s performance, you’re unlikely to advance. If your company offers internal finance training, take advantage of it.

Finance 28