Strategy is an interesting word that even the best and brightest get confused about. Some say strategy is the mission, others say the value your company offers and even others say it’s your key objectives. I found teaching Strategy at the University of Colorado more enlightening as students tend to believe it is the tactics…
Just when Jim thinks he has the firm under control, he finds he owes $50,000 more in taxes, has a $60,000 backlog of vendor bills, and has $80,000 in outstanding invoices clients have not paid. What did Jim miss?Jim only focuses on the here and now and has not developed plans for the future. Developing a…
Is your firm focused on traditional bookkeeping to run your business? If so, you may be missing out on maximizing profits and creating predictable cash flow. Not convinced? See how Sophie, a managing partner at her law firm, was lulled into thinking her firm was growing only to find out the firm was barely breaking…