Tag: management

Bottom Up Approach

See Also: Top Down Approach How to Prepare an Investor Package Fixed Income Securities Common Stock Definition Finance Beta Definition Bottom Up Approach Definition The bottom up approach definition is when the investing involves picking out certain securities based on how the security is priced. Bottom up approach also involves looking at the potential return

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What is a Board of Directors?

See Also: Ten In-House Secrets for Reducing Your Company’s Legal Costs Red Herring Benefits of an Advisory Board How to Form an Advisory Board Advisory Board Best Practices What is a Board of Directors? The board of directors is an essential part of business, what is a board of directors? The board of directors is

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Thirteen Week Cash Flow Report

Thirteen Week Cash Flow Report Definition The Thirteen Week Cash Flow Report, defined as a method to forecast the cash flow needs of a company, is commonly used in businesses with complicated cash cycles. When active cash management is required, this tool is especially useful. This model is used best as a “big picture” tool to

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Agency Costs

See Also: Are You Collecting the Data You Need to Run Your Business? Average Cost Sunk Costs Restructuring Expense Joint Costs Commercial Agents Agency Costs Definition The agency costs definition is the internal costs incurred from asymmetric information or conflicts of interest between principals and agents in an organization. In a corporation, the principals would be

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Activity Based Management (ABM)

See Also: Activity Based Costing vs Traditional Costing Total Quality Management Capital Structure Management Retainage Management and Collection Implementing Activity Based Costing Management Definition Activity Based Management (ABM) Definition In accounting, activity based management (ABM) is a method of internal analysis that identifies business activities within a company then evaluates them based on the costs

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Why Do Most Financial Projections Fail?

Do you know the number one reason most financial projections fail? It is because sales are over estimated! Why Do Most Financial Projections Fail? This time of year we are busy working with clients preparing projections for the next year. What we find is it is very difficult for clients to do an accurate financial

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Best Practices for Compensating Sales and Marketing People

You can’t have a business without making at least one sale. Making sure your salesforce is appropriately incentivized to grow your business and land the right customers is crucial. So, what are the best practices for compensating sales and marketing people? Best Practices for Compensating Sales and Marketing People In this blog, we’ll highlight a

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The 13 Week Cash Flow Report

13 Week Cash Flow Report Definition Define the 13 Week Cash Flow Report as a method to forecast the cash flow needs of a company. It is commonly used in businesses with complicated cash cycles. This tool is especially useful in a situation where active cash management is required. Use the 13 Week Cash Flow

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Implementing Activity Based Costing

All of us have used cost allocation as part of our Financial Services offerings since it is required by GAAP. Cost allocation is the process of assigning common costs to ending inventory and cost of goods sold (COGS). Our goal has been to either reduce taxes or increase reported earnings, but this all depends on

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Does Your Company Have an Advisory Board?

Does your company have an advisory board that meets with senior management on a periodic basis? If you don’t, then why not? This past week I spent 5 hours in a advisory board meeting that we scheduled to last 2.5 hours. We spent that time not because the management asked us to, but because we

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Defend the Bottom Line!

During a downturn in the economy the overriding goal of the Chief Financial Officer and management team is to defend the bottom line or profitability of the company. At a minimum you should achieve break even. The economy ebbs and flows like the tide. During the good times a company should generate profits and pay

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