Remove Balance Sheet Remove Consulting Remove Operations
article thumbnail

Foundational Skills for New Sales Hires: The Top 7

LSA Global

To create a sales force that can consistently drive revenue growth and deepen customer loyalty, companies must intentionally cultivate a robust consultative selling skillset from day one. Yet too often, organizations f ocus too narrowly on product training and neglect the foundational skills for new sales hires to be set up for success.

Sales 62
article thumbnail

Ignore the Balance Sheet at Your Own Risk

Martinka Consulting

The president was a very experienced and very good operator but somewhat new to the deal process. He told me something that’s stuck with me when he said how as an operator he was concerned with the profit and loss statement but as a deal person he found an appreciation for the balance sheet and its importance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Of course, software firm 37 Signals has been operating four-day work weeks over the summer since 2008. Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet.

article thumbnail

Overcoming Data Collection Challenges in Consulting

Tom Spencer

During one of my recent consulting experiences, I received a piece of advice from my supervisor that saved our engagement. His advice was specific to consulting, but applicable to other areas of business too. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78
article thumbnail

Profitability Framework

Tom Spencer

The profitability framework can help executives, consultants and entrepreneurs to diagnose and respond to falling prices, declining sales volume, or rising costs. Limited operating capacity. For example, raw materials, procurement, operations, distribution, customer service. Source: Flickr ). Profit equals revenue minus cost.

Sales 104
article thumbnail

Repair Regulations: Limiting Business Deductions

Women in Consulting

into office supplies, these items must now be put on the balance sheet and depreciated and tracked. Top Consulting Tips' Any purchase of non-consumable items over $200 must be separately tracked and depreciated. Instead of lumping items like cheap printers, phones, routers, etc. Sign and date your written policy.

article thumbnail

What is a Healthy Company?

Markovitz Consulting

Similarly, one of the primary drivers of GE’s fall from grace was the reckless pursuit of profits from its financing operations. Healthy companies understand that they have a vital role to play in the health of the communities in which they operate. The private equity owners made out fine, but the larger communities were devastated.

Company 124