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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,…
Capacity Building
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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…
Recommended Reading
Key Performance Indicators
KPIs are about identifying the vital few—the numbers that directly tie to outcomes. Revenue. Margins. Customer retention. Cash…
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How Finance Works
Most people learn finance backwards. They memorize formulas, ratios, and definitions. But they never really understand what’s going…
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CEO Tools 2.0
Kraig Kramers built the original CEO Tools from real-world leadership experience—focusing on practical systems that drive clarity and…
Blog Post
Leadership Thought #493 – All Waves Come Crashing to Shore
Even though all waves do crash to shore, most of the water still returns to the ocean to…
Blog Post
Leadership Thought #457 – Eight Things You Can Do To End The Year On A High Note
As we wind down another year, I thought it would be helpful to share some of the best…
Blog Post
Leadership Thought #442 – A Few Basic Truths About Business
In summary, get the basic business math right, avoid becoming too reliant on debt, make informed personnel decisions,…
Blog Post
Leadership Thought #356 – You Need to Have Decision Making Filters
How an organization makes decisions affects whether it will have sustained success. While a company may occasionally experience…
Blog Post
Leadership Thought #355 – Growth Comes with Its Own Challenges
Business ownership has never been for the faint of heart. Ongoing change and adaptability are part of the…
Blog Post
Leadership Thought #281 – Risk Is an Inherent Part of Business
Being wise and responsible does not mean avoiding risk altogether. In fact, it requires embracing the right risks…
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Leadership Thought #258 – Are You Prepared For The Unexpected?
I'm fond of the Yiddish saying, "Man plans, God laughs..." As much as we can hope to create…
Blog Post
Leadership Thought #204 – Your Business GPA
I often ask my clients to think of this as their business Grade Point Average (GPA). Their goal…
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Daily Leadership Thought #176 – Don’t Run Out Of Financial Runway
Business cycles are cyclical. Recessions are a fact of economic cycles. Knowing this, business leaders need to be…
Blog Post
Daily Leadership Thought #175 – You Can Cut Expenses Too Much
When you are in a survival mode, the goal is to keep the doors open and resize your…
Blog Post
Daily Leadership Thought #173 – Twelve Mistakes Of Well-Intentioned But Flawed Turnaround Leaders
Any turnaround plan needs to be carefully thought out. Those in positions of authority and influence need to…
Blog Post
Daily Leadership Thought #170 – Fifteen Common Business Mistakes
There is a significant benefit to working with a diverse range of clients over many years. You start…
Blog Post
Daily Leadership Thought #159 – Business Management Improvement Ideas
I often get asked for a checklist of business management improvement ideas. While the following list isn't exhaustive,…
Blog Post
Daily Leadership Thought #111 – Diversify Your Product/Service/Market Risk
We've all heard the saying that "You shouldn't put all your eggs in one basket." The same can…
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Daily Leadership Thought #63 – Be Transparent
The more people know about the company's basic metrics, the more they can connect their work to its…
Blog Post
Daily Leadership Thought #59 – Get the Math Right
Hope is never a good strategy when it comes to your business or personal finances. Understanding the core…
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