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...
by Lea Strickland | Sep 10, 2012 | Business Articles, The Street (the street.com)
NEW YORK (TheStreet) — The debt clock is ticking up to over $16 trillion. Student loan debt (which has exceeded $1 trillion) now exceeds credit card debt (approximately $800 billion). Politicians are debating its impact and how to address it. But any way you...