article thumbnail

Business Book Review: Boston Consulting Group On Strategy

Management Consulted

Welcome to yet another opportunity to gain valuable insights from a book review, written by Preeti Vemu, MC intern, MC events organizer extraordinary, and an ex-Deloitte consultant. In this book, you will find more articles than you can stomach – awesome articles capturing key insights from the 1960s and moving forward to 2005.

article thumbnail

Resolve Common Business Problems

Business Consulting Agency

Financial Management Issues Problem : Poor financial management can lead to cash flow problems, excessive debt, and ultimately, business failure. Example : A small business faced cash flow issues and mounting debt. Within a year, the business achieved positive cash flow and reduced its debt by 40%.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Winning Isn’t Everything: The Art of Playing Well

Tom Spencer

Michael Lewis: Prioritise playing the game ethically Similarly, Michael Lewis, the bestselling author of The Big Short , exposed the unethical and reckless behaviour of some players in the financial industry leading up to the 2008 financial crisis. One example of Buffett’s approach is his investment in Coca-Cola.

Ethics 78
article thumbnail

Don’t Drive (Your Business) Over the Curb

Martinka Consulting

The industry is shrinking – as in the product is dying a slow death. Possible solutions: buy other companies in your industry or buy a company in another industry to diversify. It’s tough managing 50 people instead of 15 or handling cash flow at a level beyond what the line of credit allows for.

article thumbnail

The Cost of a Startup

Martinka Consulting

Sounds similar to other industries. Buyers do more than get a profitable platform with customers, employees, and cash flow. But it doesn’t have to be an individual buying a company, it can be another company and that’s why I have a new book almost finished on the topic of Growth by Acquisition.

article thumbnail

Interest Rates Lower; Business Prices Higher

Martinka Consulting

I represent a lot of business buyers and often I hear something like the following, “I won’t pay more than X times cash flow” (or profit, or EBITDA – pick your term). or 4, times cash flow” won’t get the deal when the bank will lend that amount or more.

article thumbnail

Taking Greater Risks to Enjoy Greater Rewards with David Baker: Podcast #14

Consulting Success

A successful entrepreneurial enterprise yields profit consistently, while those who find that they are constantly having cash flow problems are, in reality, the ones that are having legitimate business problems. Taking Risks Means Securing Success. Finding the Right Size Business for You.