We all understand terms like Pretax Profit and EBITDA that we use to describe our company’s bottom line, but what tells us where that profit (or loss) is really coming from? The answer is a set of numbers that rarely appears on an income statement. While the...
It was nearly 20 years ago when I first approached this topic, something just about every consultant on the planet has an opinion about. While we’ve helped a fair number of privately owned companies get sold, I’m not here to tell you if or when you should...
This question still comes up regularly. Should we lease or buy the equipment we will need next year? About half the time the questioner is actually asking which method is least costly. So here’s the answer. The answer will ALWAYS be: Leasing is more expensive....
I just read an excellent article on this topic, compliments of Bob Kelly of Capital Group’s Private Client Services. I wanted to share it with you, via this link: https://www.capitalgroup.com/pcs/latest-perspectives/why-inflation-low-despite-rate-cuts.html No...
In a recent presentation by an economist from the Federal Reserve Bank in San Francisco, I learned their carefully studied view of the economy over the next couple years, particularly as it impacts your ability to hire and keep good workers. The news was not great for...
