Robert BandDec 27, 20192 minThe Cost of Bad Accounting - Business Finance Expert ExplainsGood accounting will put more on your bottom line than good sales. So accounting is the first department you should make strong.
Robert BandJun 24, 20191 minHow Much Should You Trust Your Accounting Staff?How much should you trust your accounting staff? Every year, 1/3 of small businesses suffer accounting theft averaging 5% of revenues.
Robert BandMay 15, 20193 minUnderstanding Cash Flow- Job 1 for business ownersHere's what I want you to know about cash flow. It's not your net income or loss. Cash flow is explained by the balance sheet. Read on...
Robert BandApr 30, 20192 minFinancial Statements or Dental Cleaning? What Causes More Angst? Lying in my dental hygienist’s chair the other day, I could feel my body stiffen in fear that her evil cavitron machine with its high-pit...
Robert BandApr 22, 20193 minAre Your Sales Increasing, but Your Bottom Line Isn’t?I just helped a transportation company with this problem. They increased sales by $1,000,000 in 2018, a 20% increase over 2017, but ended...
Robert BandApr 16, 20193 minHow To Avoid Disappointing Earnings At The End of The Year Our parents told us not to compare ourselves to others. But in business, comparisons are useful. Here are some useful comparisons to iden...
Robert BandApr 9, 20193 minDon’t Leave Your Bottom Line To Fate! Hit Your Target!In Part I of this three-part series, I defined some terms used in this article (click here). By the end of this article, you’ll know how ...
Robert BandApr 2, 20192 minTips To Stop Leaking Profits Capital One asks, “What’s in your wallet?” Business owners may feel like “Not enough!” Unless owners and managers know their income sta...