Does Your Business Model Suit Your Business Today? I've been reading and implementing ideas from a book called Business Model Generation recently. It's amazing that even though many of us have been in business for so long we don't take the time to sit back and reflect on what we are doing in our … [Read more...]
Key performance indicators are measures of business performance. They are used to check performance against targets, or as benchmarks to signal areas of performance in need of improvement. They are, therefore, measures of business’s Critical Success Factors. In any enterprise there may be dozens … [Read more...]
Cash flow is a key indicator of a business’ financial health. Knowing how to maintain a healthy cash flow is essential to being a successful business. It can help decrease the required capital and it can increase profitability by reducing interest expenses. It can also help to generate income on … [Read more...]
