Category Archives: News

When Projecting Financial Statements, Don’t Plug Cash To Make The Balance Sheet Balance (March 2016)

When working with historical accounting statements, the balance sheet will balance and tie to the statement of cash flows. If this same accounting approach is used to project financial statements, cash or short-term borrowings on the statement of cash flows are plugged to make that statement foot. But doing so masks errors in the balance sheet projection. In today’s newsletter, I explain why and offer a better way to project cash flow and the balance sheet. Read more…

Bankruptcy: 3 Options When a Plan of Reorganization is Not Possible (February 2016)

In an old school bankruptcy, the basic hope is to reorganize. Unfortunately, that can’t always happen. At that point, debtors and creditors are left with three options for moving forward. Today’s newsletters takes a look at these additional ways out. Read more…

Are You Working In Parallel Or In Sequence? One Of These Is Much More Efficient. (January 2016)

The New Year is here with this year’s ambitious goals. Most of these goals can be reduced to “more, better, faster.” One way to achieve that is to do more work simultaneously. When more than one step is completed at the same time, the overall project gets done faster. Today’s newsletter provides insights into sequential vs. parallel workflows. Read more…

Understanding The Need For Process (December 2015)

A good business process means things happen consistently and efficiently, and with no surprises. For smaller entrepreneurial companies, the challenge is consistency and efficiency. For larger companies, the challenge is often just making the decision and managing the cost of the process. Whatever your situation, everything gets done by way of a process. Today’s newsletter offers suggestions for improving yours. Read more…

Better Leadership Begins with Defining – and Communicating – the End Goal (November 2015)

You can’t anticipate all that will occur in the future, but you can achieve success faster by keeping everyone’s eye on the prize from the start. Taking time to define – and communicate – the end goal to those involved is an important action in this regard, and the subject of this month’s newsletter. Read more…

Listening to the Noise. How Paying Attention to Alternative Sources of Information Can Make or Break Your Organization (October 2015)

We’re all busy, with little time to review data and information that doesn’t come directly to us through our respective organizations. But outside information from a wide range of sources may hold insights that are worth uncovering. Todays’ newsletter looks at external “noise,” and makes the case for systematically keeping an ear to the ground outside your organization. Read more…