Need to fuel growth, to launch new initiatives, pay for equipment, or hire skilled professionals? Rewind a few years: the bank’s answer may have been a resounding “No.” Wary of lending, they clung to cash reserves. As the economy recovers, however, they know that loans drive profits. The stigma of write-offs may sharpen the pencils of some bankers, but in general, capital ratios have improved, and banks want to put their cash to use.

How do you choose which bank should put its cash to use for your business?

Read More…

Change is inevitable and it can be a good thing. It wasn’t long ago accounting and finance professionals were pushing pencils on a green pad of paper from a beige cubicle. Now we’re pushing buttons with green energy from the comforts of home. As we move further into the 21st century, the world of finance continues to progress beyond applications and the environment.

Read More…

Adjusting nimbly to rapidly changing business conditions, will keep your business in the “(k)now”. Stop waiting for the annual edition of Your Business – The Past 12 Months. Instead, stay ahead of the game with “Rolling Forecasts”.

Read More…

Recently a group of local financial executives discussed the art of developing effective business performance measures. Participants agreed many key metrics used today are irrelevant in helping guide their business. Poorly chosen metrics waste corporate resources by diverting attention from important issues to less important or, worse yet, irrelevant ones. The group decided businesses should have a process in place to determine what metrics will be most effective. The following 6 step approach will help you create the best metrics for your business.

Read More…

Many companies focus on the tactics of continuous improvement and are often disappointed with their lackluster results. They look at top line growth and see anemic improvement, and instead of bottom line profitability they see little or no growth. Because company value is often based on top line and bottom line growth as well as cash flow, a steep positive improvement curve helps rapidly increase your business’s value.

Read More…