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Key Performance Indicators (KPIs) for Professional Services Firms

Progressus

Effective KPIs should answer specific questions about the business, enabling informed actions. Measuring utilization informs decisions regarding hiring, outsourcing, skill development, and workload distribution. Compliant with accounting standards, this metric ensures financial stability and informs cash flow management.

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Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

Equity research is a vital function within the investment industry that helps investors make informed decisions about buying, holding, or selling stocks. They play a critical role in the investment process by providing valuable insights and analysis on companies and sectors, which can help investors make better-informed decisions.

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Navigating the Crossroads: Project Management vs. Project Accounting Software

Progressus

Streamlining Communication and Collaboration in Remote Teams Problem: A software development company with a globally distributed team faced challenges in communication and collaboration. Budget Control: Helps avoid cost overruns and manage project finances proactively.

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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. Develop a Consulting Plan : Collaborate with the consulting service to create a customized consulting plan. Develop loyalty programs and personalized experiences. Be open to their insights and recommendations.

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From Idea to Business: A Comprehensive Guide

Business Consulting Agency

Business Plan : Develop a comprehensive business plan that outlines your business goals, strategies, financial projections, and marketing plans. Finances : Secure startup funding through personal savings, loans, investors, or grants. Create a financial plan that includes budgeting, cash flow projections, and funding sources.

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Driving Sustainable Growth at an Inflection Point

Brimstone Consulting

Brimstone worked side-by-side with an early-stage consumer goods organization to pursue its vision, build a strategic plan, develop roles and operating mechanisms, and to drive sustainable growth at a challenging inflection point. CASE STUDY. Revenue increased by 34 times. During the engagement, the organization increased revenue by 34 times.

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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. “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

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