There is an old saying: “When opportunity knocks, answer the door.” But in these volatile times, it is hard to know whether you are looking at an opportunity or not!? One can get whiplash just watching the stock market with …
There was a saying during the .com boom, “Go Big or Go Home”. It meant that anything worth doing was worth doing in a big way. Hence, many of the start-up companies of the day had world domination on the …
Last month, I posed the following question: It’s Mid-Year, Are You in Control? For those that live in Saint Louis, Missouri, that proved to be an even more interesting question than I originally thought. Soon after my monthly newsletter, a …
Last month, I wrote about the importance of having a financial plan as a roadmap to your company’s progress to achieving forecasted levels of profitability. This month, I want to discuss the components of your plan. There are many books, …
Operating a business without a financial plan is like randomly driving around in your car and hoping to get to the right place! Businesses need financial plans for many reasons. Often, banks require a business or financial plan to support …
