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What is the Professional Services Industry All About?

Progressus

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities.

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Empowering Small Business Growth Through Consulting

Business Consulting Agency

Consultants assist in financial analysis, budgeting, cash flow management, and identifying areas for cost optimization and revenue enhancement. Consultants help businesses assess risks, develop risk management strategies, and ensure compliance with legal and industry standards.

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Fool Me Once Or Fool Me All The Time

Martinka Consulting

Zweig writes that any form of modified profit isn’t cash flow. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow. Medical insurance expense. For more, just Google the terms Warren Buffet and Ebitda.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business

The survey methods stratified firms by industry, age, and size so that our sample reflects the characteristics of businesses in the region. Almost one third of the firms negatively affected by the storm had no insurance of any Consistent with our predictions, young firms and small businesses insured at much lower rates.

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We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

Similarly, considering greater accruals (which represent the difference between reported income and operating cash flows) to measure short-term orientation has its difficulties. It assumes that a smaller proportion of cash flows in earnings indicates a myopic firm. Are all share repurchases myopic?

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Do Lawyers Make Better CEOs Than MBAs?

Harvard Business

A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge. We did not observe an obvious selection bias in which industries hired lawyer CEOs.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

However, the current meager market share held by online lenders masks immense potential: Morgan Stanley estimates the total addressable market for online SME lenders is $280 billion and predicts the industry will grow at a 47% annualized rate through 2020. Banks’ cost of capital is typically 50 basis points or less.

Banking 37