Last week we shared information about Key Number 1, being Revenue Growth Percentage. This week we’re introducing Key Number 2, being Price Change Percentage.
In our previous blog we introduced you to the ‘7 Key Numbers That Drive Profit and Cash Flow’. Here is more detail about Key Number 1: Revenue Growth Percentage%* Business owners focus a lot of attention on Revenue.
Are you interested to see how a business, let’s call it QuickCall Supplies, that turns over $1 Million dollars in total revenue… can add over $100,000 to its cash flow and improve its profit by $60,000… without selling one extra…
I’ve been working with Michael Granek from CFO On Call for a couple of years now and I can’t speak highly enough of his knowledge and expertise especially in regards to budgeting and cashflow.
Since we have had our CFO (Matt) involved in our business, our monthly forecasting & Annual budgets are believable. We also have monthly summaries so we can pick up on anything that needs attention quickly.
In today’s rapidly evolving business landscape, the importance of reviewing strategic plans cannot be overstated. As an entrepreneur, business owner or manager, you’re undoubtedly aware that a well-formulated strategic plan is the lifeblood of your organisation.
A question that often arises in growing businesses is “How come I’ve made more profit, but I still have cash flow problems?” The answer to this question lies in the issue of the ‘Cash-flow Cycle’. The ‘Cash-flow Cycle’ is an…
‘Thanks to our friends at EzyCollect for sharing some helpful information about getting paid by customers quicker and improving cash flow’ Cash flow management is critical – but collecting on accounts receivable (AR) can be a difficult endeavour.
