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Overcoming Data Collection Challenges in Consulting

Tom Spencer

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our hypothesis was that increased sales volume would be associated with increased profitability due to economies of scale. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78
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Unlocking Business Profit Potential

Business Consulting Agency

Review income statements, balance sheets, and cash flow to identify areas that impact profitability. Sales and Marketing Optimization : Evaluate your sales and marketing efforts. Set Profitability Goals : Define clear and achievable profitability goals for your business.

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

Harvard Business

If you’re not a numbers person, finance is daunting. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score. “Finance and accounting are very simple. .” “Finance and accounting are very simple. Overcome your fears.

Finance 28
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M&A deals – benefits and drawbacks

Tom Spencer

Such transactions typically happen between two businesses that are about the same size and which recognize advantages the other offers in terms of increasing sales, efficiencies, and capabilities. If there are debts owed by each organization, then the M&A process may increase the total balance sheet debt of the combined company.

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How the Great Recession Changed Banking

Harvard Business

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

Banking 28
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Descent of the Global Monetary System

Tom Spencer

For example, if the US government spends more than it collects in taxes, it can finance the budget deficit by selling bonds. However, when confidence eventually returns and the rate of spending starts to rise, at that point, the Federal Reserve will not be able to reduce the money supply by shrinking the size of its balance sheet.

System 88
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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America. A possible explanation for the SEP’s prediction of a rapid catch-up to potential GDP after 2009 is that participants overestimated the efficacy of monetary policy in the aftermath of a so-called balance-sheet recession.