by admin | Jul 22, 2018 | Financial Training, Newsletters, Newsletters, Newsletters, Resources, Resources, Resources, What's New
How to Avoid Check Fraud “There are three things in the world that deserve no mercy: hypocrisy, fraud, and tyranny.” Frederick William Robertson Every time you write a check you expose your bank account to check fraud. Each check you write and mail out has your...
by admin | Jul 22, 2018 | Financial Training, Guides, Guides, Newsletters, Newsletters, Newsletters, Resources, Resources, Resources, What's New
3 Financial Mistakes all Beer Distributors Make “Experience is simply the name we give our mistakes.” Oscar Wilde When it comes to financial reports, the Income statement gets all the attention. It’s like the cool kid in high school. The balance...
by admin | Jun 15, 2018 | Financial Training, Newsletters, Newsletters, Profitability, Resources, Resources
3 Keys to Speed up AR Collections “The world needs another vehicle to get people to pay in cash.” -Suze Orman Distributors work hard to grow sales. You fight for more shelf space, an additional facing in the cooler, and another display in the store....
by admin | Jun 15, 2018 | Financial Training, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources, What's New
3 Causes of Errors in Monthly Gross Profit..and How to Fix Them “Variability has the potential to create confusion.” -Steven Redhead A distributor friend called me recently with a concern about his gross profit. He was seeing a lot of fluctuation in monthly...
by admin | May 27, 2018 | Distributor Operations, Financial Training, Guides, Guides, Newsletters, Newsletters, Newsletters, Resources, Resources, Resources
“The greatest teacher I know is the job itself.” James Cash Penney One day, your general manager will understand how to read a full set of financial statements. Until that time, we need to use finance for non-financial managers. In other words, we need...
by admin | May 27, 2018 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources
“When you appeal to the highest level of thinking, you get the highest level of performance.” Jack Stack, The Great Game of Business Not long ago, our business was growing quickly. We were adding people as fast as we could find them, sales were strong, and...