How to Protect Your Most Significant Financial Asset As a successful business owner, your business is likely your most significant financial asset. Without a succession plan, you put your and your company’s financial future at risk. Succession planning is one of the most difficult challenges business owners encounter. Most business owners have difficulty thinking
Improve Working Capital Management Working capital is the lifeblood of your company. The excess of current assets over current liabilities, it has the power to create or destroy value. Three key components of working capital are inventory, accounts payable, and accounts receivable. By reducing the cash conversion cycle – a key metric monitoring the length
As a business owner, you have worked hard to build your business, and like most successful business owners, you focus on the day-to-day operational demands of your company. You may not have spent much time thinking about how to prepare your business for the next level of growth and profitability or preparing your exit strategy
