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The Daily P&L

The Daily P&L

by admin | Apr 20, 2017 | Expense Reduction, Financial Training, Guides, Guides, Guides, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources

One of the problems with financial reporting is that the information is out of date as soon as you get it. It’s like delivering out of code beer to an account; the numbers are stale. The faster you can produce your financial statements, the faster you can read them...
How One Distributor Saved $600K in Expenses

How One Distributor Saved $600K in Expenses

by admin | Mar 26, 2017 | Distributor Operations, Expense Reduction, Guides, Guides, Guides, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources

“Control your expenses better than your competition. This is where you can always find the competitive advantage.”  — Sam Walton In honor of National Profit Month, we continue to dedicate the newsletter to presenting ideas to help you reduce or eliminate...
Safety is Everyone’s Job

Safety is Everyone’s Job

by admin | Mar 14, 2017 | Distributor Operations, Expense Reduction, Guides, Guides, Guides, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources

“Every accident is a notice that something is wrong with men, methods, or material. Investigate. Then act.”  ~Safety saying, circa early 1900s The beer business is labor intensive. Warehouse employees are constantly lifting, twisting, turning, and loading...
ROI: How to use numbers to make better business decisions

ROI: How to use numbers to make better business decisions

by admin | Mar 5, 2017 | Distributor Operations, Expense Reduction, Guides, Guides, Guides, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources

We make business decisions every day. We evaluate whether to replace aging warehouse equipment or delivery vehicles, whether to add personnel to the sales team, or increase spending on marketing. A simple Return on Investment analysis can help us make better...
Your Banker, Your Business Partner

Your Banker, Your Business Partner

by admin | Nov 12, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources

I am always surprised when I talk to our banker and realize how much he knows about business. Not just banking and finance, but actual business. He asks great questions – the kind of questions that make me think about how we are running our organization –...
Financial Literacy 101

Financial Literacy 101

by admin | Aug 16, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources

Fred Flintstone said that every buck is your friend, and the more bucks you got, the more friends you got. Fred was not a rich man, but he understood the concept of financial literacy. Bedrock style. We are all taught to read at a young age. We start with letters, and...
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