Blog
Budgeting and Reporting for Non-Profits
Non-Profits have many unique characteristics in generating revenue, cultivating “customers” (or donors), and providing services. But they have a lot in common with for-profit businesses, too, including the need for accurate budgeting and reporting. This article will explore some of...
Business Transactions: Understanding the Flywheel of Business Evolution
In this article, we'll seek to simplify what seems complex: Transactions. To understand transactions in business, we have to go beyond buying and selling and dive into motivating, contributing and complementing factors. As a company is younger and smaller, for...
Adversity vs Opportunity: The Importance of Perspective in Business Strategy
Every business in any industry can point to unique challenges it faces. The era we're in presents some of them, from inflation to the pandemic to the Great Resignation and all of their related issues. In this article let’s calibrate...
The 4 Ps of Transition Management: Embracing and Implementing Change
Change management for a company is situational. Something is transforming, and there must be operational events and impacts for change to succeed efficiently. In this article, we're discussing the other side of the coin - the psychological phenomena of Transition...
Inflation: Impact & Opportunity to Your Business
Every business, customer and consumer is being impacted by inflation. Especially in small and mid-market companies, thin margins are quickly evaporating, and the usual and expected financial structures and models are changing. In this article, let's explore the impact of...
The Dangers of Siloed Leadership
Siloed leadership is the practice of organizing and managing an organization in a way where different departments are separated and often work independently. This article discusses how siloed leadership can be dangerous for business because it limits the collaboration between...
Organizational Structure: From Founders to Finance and Beyond
The organizational structure in business is how the company is set up concerning the reporting hierarchy. The company could have a vertical, horizontal, or matrix organizational structure. "You can learn a lot about how an organization operates and how a...
MENTORSHIP AT WORK: PEOPLE DEVELOPMENT AND THE GREAT RESIGNATION
Imagine your very last day at work in your career. Where do you want to be? Who do you want to be? And what if you’d been asked this question on your very first day on the job? In this article,...
Music Industry Financials: Still Rock n Roll To Me
The music industry involves a unique and sometimes dizzying framework for financial functions. Understanding who gets paid what, and when, is a more complex exercise than for a typical business. It might surprise you to know some of the financial...
You Get What You Pay For
A recent study by the Harvard Business Review found that "price-sensitive" companies are more likely to be less profitable than those that invest in their talent. The research found that these price-sensitive companies are more likely to cut corners in...
Financial Reporting for Small Business: Meaning in Metrics
For many small businesses, the financial reporting required isn't all that sophisticated. A few key measurements can help you understand your basic financial health. On the other hand, a lot of reporting is done with a laser focus on detailing...
Growth for Small Manufacturing Companies
Small manufacturing companies play a key role in the economy, providing goods and services and producing products that people use every day. The manufacturing industry is undergoing a major transformation. The days of large, labor-intensive factories are being replaced by...
