Remove Books Remove Cash Flow Remove Efficiency Remove Sales
article thumbnail

Resolve Common Business Problems

Business Consulting Agency

Financial Management Issues Problem : Poor financial management can lead to cash flow problems, excessive debt, and ultimately, business failure. Example : A small business faced cash flow issues and mounting debt. Within a year, the business achieved positive cash flow and reduced its debt by 40%.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

“The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. Of course, there are also myriad books and reference guides on the topic. “As part of the cost basis, I try to make my organization run as efficiently as possible.”

Finance 28
article thumbnail

Economies of Scope - Tom Spencer consulting blog

Tom Spencer

Sales – Selling products is easier when salesmen can provide customers with a range of value options, as well as upsell and cross promote … “Would you like fries with that?”. Distribution – Shipping a range of products is more efficient than shipping a single product. More stable cash flows are attractive for three reasons.

Cash Flow 117