Posts Tagged ‘cash flow’

Your Business Is Profitable—But Could You Still Go Broke?

You might be excellent at running your business—but do you know how to manage your company’s finances? Even if your business is profitable, your cash flow may still suffer if you ignore your numbers. You want to see a business owner squirm and run out of the room? Start talking about cash flow and financial ratios.…

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Business Owners Must Avoid the Glider Path

I know a doctor who built a great practice and then unintentionally ruined it. Doc was a hard worker. He had earned his way to a comfortable retirement. But then he made a critical mistake. He took his foot off the gas. He figured he could glide for a few years before selling the business. He…

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