We have a long-term client that manufactures precision machined products for their customers. One of those customers contributes over 80% of the company’s annual revenues, a situation that has been in place for years. We call that “concentration,” a condition that is...
Every well-run company that is considering making an investment in new equipment, a new facility, upgraded technology, or a new product or development project, considers at some level what return it will earn on that investment. Accountants and analysts will often...
Most business owners think of Working Capital as the amount of cash they have in the bank. But CPAs. financial analysts, advisors and bankers define it as the difference between current assets and current liabilities. One sounds simple and easy to understand, the...
Spoiler Alert: This is not a techie post about bits and bytes or a new take on AI. It’s about making good decisions when your internal growth requires support from outside your company in an area that is not your area of expertise. And it’s from an actual case...
Remember the last time a member of your management team, or a valued worker, come to you with a “great new idea” to help the company get better at something – a new machine that will shorten processing time, a new software service that will help you sell more products...
