Financial Management Literacy Tips

Improving the financial literacy of your leadership team can provide significant benefits to your small business, including better decision-making, improved financial performance, and increased strategic alignment. Here are 20 ways to increase the financial acumen of your organization: Provide financial education: Provide your leadership team with financial education resources such as articles, videos, webinars, or […]

Leadership Thought #442 – A Few Basic Truths About Business

Here are a few basic truths abut business to help ensure your success: It all starts with simple math.  The formula is pretty straightforward: Revenue – Expenses = Profit.  You need to sell enough of something and price it properly so that it exceeds your costs of doing business.  Knowingly taking work at a loss […]