by Michael Eckstein | Apr 30, 2022 | Cash Flow
Throwback ⏰: Proactively look for surprise expenses to improve your long-term cash flow Proactively managing cash flow is more than just enforcing payment terms, delaying your cash outflows, and building a tiny emergency fund. You should also actively look for...
by Michael Eckstein | Apr 23, 2022 | Accounting, Strategy
Throwback ⏰: Numbers lie like a dog Mark Twain famously said, “There are three kinds of lies: lies, damned lies, and statistics,” meaning you can manipulate statistics to prove just about anything. That’s also true for every number you see out...
by Michael Eckstein | Apr 16, 2022 | Accounting, Strategy
Throwback ⏰: Keep a running ‘progress & goals document’ so you can more easily look back on your growth True growth is incredibly slow. It’s a series of marginal improvements over a long enough period of time until you finally become...
by Michael Eckstein | Apr 9, 2022 | Accounting, Strategy
Throwback ⏰: Pick 3 business metrics to focus on – then ignore the rest There’s a near-endless supply of business metrics to choose from. Every single software now includes some sorta metrics dashboard. There’s financial metrics, operating...
by Michael Eckstein | Apr 2, 2022 | Invoicing
Consider your clients Bill Pay process when sending invoices Bill Pay and Accounts Payable are usually the most disorganized part of any small business’s finances. It’s the last piece of the financial puzzle that businesses work on. And, there’s...
Recent Comments