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Ignore the Balance Sheet at Your Own Risk

Martinka Consulting

The president was a very experienced and very good operator but somewhat new to the deal process. He told me something that’s stuck with me when he said how as an operator he was concerned with the profit and loss statement but as a deal person he found an appreciation for the balance sheet and its importance.

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Boosting Business Profitability

Business Consulting Agency

To navigate the complexities of the marketplace and maximize revenue while minimizing costs, many companies turn to business consulting services. This includes scrutinizing income statements, balance sheets, and cash flow statements. This includes product positioning, pricing strategies, and market entry plans.

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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. Profits are the lifeblood of any business and maximizing them is a constant goal.

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The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. Operating income. Operating Expenses. Cash flow. Study the Balance Sheet.

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Small Business Survival Tips During COVID-19

Martinka Consulting

If cash is tight, let them know, work out payment plans, and above all, don’t be silent about it. Work with your bank , especially if you have a term loan and cash flow issues. If business is slow, do those administrative things you’ve put off. Take care of personal things.

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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.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market. The soaring U.S.