by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Business Plans, Non-Profit, Small Business
When we think of a business, we must think in terms of activities that produce resources and those that use resources. Everyone and everything in the organization is engaged in creating or consuming resources, or in some instances both. People who are paid for their...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Plans, Small Business, Strategy
Understanding how to get the most out of your strategic plan is important. A robust strategic planning process includes translating the strategic and operational objectives into pro forma financial results. These financial results, like the strategic plan, typically...
by Lea Strickland | Sep 28, 2009 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Capability, Small Business, Start-up
Business management systems (BMS) are all the policies, procedures, internal controls, and tools – manual and computerized – used in conducting business and measuring the results. BMS encompasses all functional activities — from accounting to sales...
