by Lea Strickland | Jun 18, 2025 | Budgets and Financial Tools, Business Articles
Previous articles have highlighted the importance of giving your business structure and dimension, underscoring the need for robust financial projections. These projections are based on the operational plans and decisions discussed earlier. They form the foundation...
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 | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Small Business, Start-up
A business survives on cash. Making sales may be the objective, but if you don’t collect the cash from a sale in the appropriate amount of time, then making a sale is not enough. A sale needs to be profitable, and that includes a factor for contributing to a...
by Lea Strickland | Jul 30, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Results, Small Business, Start-up
For many people, just looking at a column of numbers, dealing with a tax return or even balancing a checkbook brings on immediate and significant stress. Numbers, accounting and finance—egads! Even the thought of all of these numbers gives me flashbacks to the...
by Lea Strickland | Sep 26, 2012 | Business Articles, The Street (the street.com)
RESEARCH TRIANGLE PARK, N.C. (MainStreet) — One of the toughest financial controls an organization can put in place is evaluating expenditures in terms of need — for instance, if you can’t do business without it — versus want, which are those...