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The Owner’s Guide to Business Value
My goal with this guide is not to turn you into a valuation expert. It is to give you a practical understanding of how business value works, what drives it,…
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Financial Management
In my experience, poor financial management is what causes most underperforming small businesses to fail or not achieve their objectives. Often it is a lack of understanding of how basic business finance works that inhibits owners and leadership teams. You need to fully grasp what makes your economic engine work to make the right investments and calculate appropriate risks.
Featured Financial Management Posts
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Know Your Numbers: Building Financial Literacy in Yourself and Your Leadership Team
This guide focuses on the financial measures I believe business leaders should understand and regularly discuss with their leadership teams. I walk through how to gauge the financial health of…
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The End of Cheap Capital
The End of Cheap Capital Executive Introduction For years, cheap debt made many strategic choices feel easier. Growth…
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Why Every Business Owner Needs an Exit Strategy
Build Now, Exit Well: Why Every Business Owner Needs an Exit Strategy You’ve spent years—maybe decades—building your business.…
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AI’s Effect on Industry Margins Over the Next Five Years
For business owners, executives, and investors, this report offers more than numbers—it provides a strategic roadmap for the…
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What are the roles and responsibilities of a CFO?
For years, the simple answer was that the CFO leads a company’s finance function. But the role has…
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CFO Roles and Responsibilities Defined
A chief financial officer (CFO) is the highest-ranking financial professional in an organization and is responsible for the…
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The CFO of the Future
It has been said that success is where preparation and opportunity meet. Never has there been a more…
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The Evolving Role of The CFO: A Function in Transition
Over the last few decades, the role of the CFO has undergone a profound shift. The historical tasks…
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Why the path of global wealth and growth matters for strategy
Recent global turbulence raises a question: Is the world shifting to a new economic regime for the long run?…
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Cost Cutting That Makes You Stronger
When so much in the world feels beyond our control, costs are to a large extent controllable. But…
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Investing in Growth Through Uncertainty
When faced with disruptions and downturns, many leaders and companies instinctively focus on cutting costs to maintain profitability.…
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Capital Is Expensive Again. Now What?
With interest rates rising in real terms, the value of growth strategies has declined. Managers need to look…
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Allocating Capital When Interest Rates Are High
During a decade of low interest rates and abundant capital, companies greenlit many projects that make less sense…
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Something’s coming: How US companies can build resilience, survive a downturn, and thrive in the next cycle
The US economy continues to throw off mixed signals. But one thing is becoming clear: executives should prepare…
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Into the storm: CFOs pivot to managing financial headwinds
With a potential economic slowdown looming, the latest results from our first McKinsey CFO Pulse survey1 show that CFOs…
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Preparing Your Company for the Next Recession
Leaders should build resilience, local agility, and portfolio agility to prepare for the next recession. The worst of…
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Moving Upward in a Downturn
Downturns are a recurring fact of life in every industry. Sooner or later, demand for an industry’s products…
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7 Lessons on Dynamic Pricing (Courtesy of Bruce Springsteen)
Some fans were outraged when man-of-the-people Bruce Springsteen charged more than $5,000 per seat for his upcoming concert.…
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Rev up your growth engine: Lessons from through-cycle outperformers
Previous economic crises have shown us that companies’ paths to recovery are shaped by their industries, regions, and…
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Business Forecasts Are Reliably Wrong — Yet Still Valuable
Business forecasts are often wrong — and yet they can still be a powerful tool for savvy leaders…
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How to deal with price increases in this inflationary market
Merchants today are planning and buying for their categories amid one of the hardest inflationary environments industry has…
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How to Calculate the Impact and Probability of Business Risk
This risk management tool is a really easy way to visualize the impact of risk. You can use…
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Managing the people side of risk
Companies can create a powerful risk culture without turning the organization upside down.
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KPIs Aren’t Just About Assessing Past Performance
Many companies track KPIs as a way of predicting performance. To really exploit the predictive power of KPIs,…
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How & Why Managers Use Financial Statements
Becoming an effective manager requires continuously honing and improving your management skills. This could mean exchanging resources with others…
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Moving from cash preservation to cash excellence for the next normal
Companies can build on their initial response to the pandemic to elevate their cash-management capabilities.
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The Balanced Scorecard – Measures That Drive Performance
What you measure is what you get. Senior executives understand that their organization’s measurement system strongly affects the…
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Practicing Strategy In An Uncertain World
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Eight basic beliefs about capturing value in a merger
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How To Measure The Return On Your HR Investment
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A Guide To Human Resource ROI Calculations
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