by admin | Jul 8, 2016 | Distributor Operations, Expense Reduction, Guides, Guides, Guides, Newsletters, Newsletters, Newsletters, Profitability, Resources, Resources, Resources
Traditional accounting measures the profit and loss of your entire business – the performance of the company at a division or department level. Cost accounting, on the other hand, gets down and dirty and measures the profit and loss of specific business...
by admin | Jul 1, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources
Everyone loves cash, but few distributors focus specifically on improving cash flow. The focus is on sales growth first, and everything else second. A distant second. Nothing wrong with sales growth, it’s critical to our success and sustained viability. However,...
by admin | Jun 30, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources
In the late 1800s Wallace Wattles wrote a book called The Science of Getting Rich. Wattles lays out a system to follow to achieve wealth by doing things in a certain way. In a nutshell, it presents a blueprint that anyone can follow to become rich. While the language...
by admin | Jun 29, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability
Humans were put on this planet to create things. You were put here to create business value, you just don’t know it yet. But now you do. Creating business value isn’t just for the purpose of selling one day at a higher price, although that is one benefit. Value...
by admin | Mar 24, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability
The finance people love their black and white reports. Each month they bang out grisly, unreadable financial statements. How do I know? Because I’m one of those finance people, cranking out bland report after bland report. I’m here to repent, and show you...
by admin | Mar 24, 2016 | Financial Training, Guides, Guides, Newsletters, Newsletters, Profitability, Resources, Resources
As business people, we place a huge emphasis on making money and turning a profit. However, we rarely teach anyone in our company how to read a set of financial statements – the very documents that tell us if we’ve turned a profit or not. We invest time and...
