Posts Tagged ‘expenses’

Unexpected Cash Flow Issues

A company may experience unexpected cash flow issues, and even though unexpected it’s not unusual. How can that be? Read the rest of this entry »

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Spend to Cut Costs

Although spend to cut costs may sound counter-intuitive, there is sound logic to it. Let’s dig a little deeper.

First, this is in no way referring to some of the loony ideas you may sometimes hear to Read the rest of this entry »

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80/20 Expense Analysis

The term 80/20 expense analysis is not one you hear every day, but it is a concept that can be highly useful to managing and improving a business. Read the rest of this entry »

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80/20 Accounting

The 80/20 rule (Pareto Principle) is one of the most useful we will ever encounter. Let’s discuss its use with 80/20 accounting. This is about focusing on the 20% of customers, products, expenses, etc. that account for most of our company’s results. Read the rest of this entry »

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Keep Business and Personal Spending Separate

You’ve probably heard it is a good idea to keep business and personal spending separate. There are some very good reasons for that. Read the rest of this entry »

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Financial Details Can Mask the Big Picture

Do you sometimes find yourself bogged down in the financial details of your business? If so you may be missing some important insights. By insights I mean seeing and comprehending the true essence of something. When it comes to the financial aspects of your business the financial details can mask the big picture if you get caught up in them. Read the rest of this entry »

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The Details Matter in Business

How well do you know the details of your business’s expenses? Just as in your personal life, the details matter in business. Read the rest of this entry »

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Buying Insurance Is About More Than Cost

When it comes to buying insurance it is easy to get focused on just the cost. That can be a big mistake because buying insurance is about more than cost. Read the rest of this entry »

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Every Business Needs Accounting Done Right

Whether you’re a sole proprietor or a multi-employee small company, every business needs accounting done right. In the article Does a Part-time CFO Makes Sense? I touched on this issue, but let’s look a little deeper. Read the rest of this entry »

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Actively Manage Expenses to Increase Cash

Increasing cash involves paying attention to numerous things and acting in a timely manner. Let’s briefly look at how expenses impact this. This is the last of a series of posts on this topic, following ones on converting Read the rest of this entry »

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