ue bot icon

Financial Management Resources

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.

Unlocking Success Through Financial Transparency: A Guide for Business Leaders

In today’s fast-paced business environment, where trust and credibility are pillars of success, financial transparency is becoming a critical lever for success, not just an obligation to the IRS or your bank. As a business owner or CEO, you understand the importance of making informed decisions, nurturing stakeholder relationships, and fostering a culture of accountability

Read More

Managing Your Business Risk Effectively

Introduction: Navigating the complex world of business risk is a critical aspect of steering your company towards success and sustainability. The array of potential risks can be overwhelming, from economic fluctuations to technological advancements. This blog is designed to provide you with a comprehensive understanding of these risks and introduce an effective tool for managing

Read More

When You’re Not Sure What To Do: Strengthen Your Balance Sheet

In the complex world of business, it’s rare for leaders to always have all the answers. Sometimes, market shifts catch you off guard. The bank might unexpectedly suggest revising their lending and credit policies. Game-changing competitors could emerge. Customers, once loyal, may now face their own industry challenges and look elsewhere. Or maybe that new

Read More

    Favorite Articles

  • 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? New McKinsey Global Institute (MGI) research and a recent McKinsey executive survey1 suggest that it might be, but the shape of that future remains uncertain. Business leaders should be aware of potential scenarios so they can adjust and […]

    Read more
  • Cost Cutting That Makes You Stronger

    When so much in the world feels beyond our control, costs are to a large extent controllable. But cutting them to drive short-term savings is a mistake. When companies take a one-off approach to cost cutting, they often sacrifice some of their most important investments. If cost-cutting programs are implemented in haste, little (if any) […]

    Read more
  • Investing in Growth Through Uncertainty

    When faced with disruptions and downturns, many leaders and companies instinctively focus on cutting costs to maintain profitability. But some identify opportunities and then take thoughtful action to emerge from crisis even stronger. That means not only planning for worst-case scenarios and pressure-testing operational and financial health but also staying alert for ways to find […]

    Read more

    Helpful Websites

  • CPI Inflation Calculator

    The CPI inflation calculator uses the Consumer Price Index for All Urban Consumers (CPI-U) U.S. city average series for all items, not seasonally adjusted. This data represents changes in the prices of all goods and services purchased for consumption by urban households.

    View more
  • The Ultimate List of Visual Risk Management Techniques

    Risk management is a process in which risks are identified and controlled proactively. It allows businesses to improve their chances of success by minimizing threats and maximizing opportunities. Risk management is essential to a business as it helps prevent financial losses and increase revenue.  Other benefits of risk management include, Help to identify projects that […]

    View more
  • Community Tax

    Tax guidance for small businesses

    View more

    Video Favourites

  • How The Economic Machine Works by Ray Dalio

    Created by Ray Dalio this simple but not simplistic and easy to follow 30-minute, animated video answers the question, “How does the economy really work?” Based on Dalio’s practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, […]

  • Founder City CEO Panel

    Ed facilitates panel of successful Maryland-based CEOs (for Founder City) to share their experiences as a founder and offer some valuable lessons learned for others who are following in their path, or are already in the midst of their own journey.

Interested in learning more about leadership?

Ed’s books on Leadership, Life and Business will elevate your knowledge and give you the confidence to apply it to your personal and professional life.