Throughout many of my financial roles, It wasn’t common for me to tell anyone anything about the company's financials. I understood how the money needed to be spent and I was positive that by disclosing specific dollar amounts, employees would spend money haphazardly.
A typical consumer today uses multiple devices to surf the web and interact in many ways with your business. For most large businesses, already swimming in many sources of data, it’s an enormous challenge, but also an incredible opportunity.
It's easy to blame the systems for your company's problems. But maybe you need to look at how the people fit into those processes.
Sooner or later, prospective buyers will need to verify your company's financials--and that's when the time and effort you invest in good bookkeeping starts to really pay off.
Lessons from how founder and CEO Jim McCann scaled $330 million (market cap) 1-800-Flowers.com.
As former advocates of the Mayan Apocalypse could no doubt tell you, predicting the future isn’t an exact science. We made it through 2012 without facing an apocalypse, and now thoughts are turning to what might happen throughout the rest of 2013.
- Not knowing your true cash balance: Due to things like automatic payments and bank charges, money that appears in your cash drawer and your checking account may already be spent.
2012 has been a very unusual year in the PC market. For the first time since 2001, PC sales are projected to be lower than they were in the previous year.