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Driving Sustainable Growth at an Inflection Point

Brimstone Consulting

CASE STUDY. After a decade of growing organic herbs and vegetables and raising farm animals, a family-run New England farm decided to pivot and produce high-end functional CBD products. While the organization had strong core values and a revitalized product, its retail strategy and brand were underdeveloped.

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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. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says.

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Strong Economy – Strong Buy-Sell Market

Martinka Consulting

The driving force is the baby boomer generation is large and highly entrepreneurial (as per an Intuit study saying this generation owns a disproportionate share of businesses. Sixty percent of them delayed their exit by at least two years, as per a study by Sun Trust Bank. Synergistic product line firm. Easy money. Demographics.

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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. Cash flow. Study the Balance Sheet. Where to Start. Operating income. Operating Expenses.

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What GE’s Board Could Have Done Differently

Harvard Business

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. The Board Had No Finance Committee. in 2013 to 3.7 in early 2018, according to Moody’s.

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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

The AHA study we mentioned above found that 29% of hospitals had either built or intended to establish such a centralized innovation center. Instead, the finance office can allow the department to keep some of the savings it created, in excess of the original acquisition cost, in future year budgets.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business

First, small businesses tend to be more productive than larger ones and may be especially unlikely to invest in risk management that diverts resources from production. Firms applied for credit to finance recovery. Challenge risk financing conventions. Businesses likely need new forms of risk financing.