Tag: goal

What You Should Know About Preparing a Forecast

Ready or not, it’s time to start the process of preparing your 2016 forecast.  While it may seem a bit premature, a walk down the aisle of your favorite home improvement store to check out their (already) prominently featured holiday displays tells the story.  Some of this can definitely be attributed to overzealousness to capture the consumer’s holiday

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Why KPIs Are Important

You’ve probably heard the term KPI (short for Key Performance Indicator) thrown around before. You may have even considered using KPIs to manage your business. Before setting out on the path of developing and tracking your company’s KPIs, let’s first take a look at what KPIs are and why KPIs are important… According to Investopedia,

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More Questions Your Banker Wants Answered…

In a recent post, I talked about a conversation I had with our banker and the three questions she’d most like answers to.  In case you missed it, her questions were… How are you feeling about your business and the local economy? What is the outlook for the rest of the year? What are you

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Timing of Hiring Interns

What is the timing of hiring interns for the summer? How soon should a company start looking for summer intern help? Timing of Hiring Interns Just yesterday, I received a call from a business associate who was making introductions for his daughter for an internship this summer. All he was doing was opening doors. He

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Business Plan

See Also: Value Drivers: Building Reliable Systems to Sustain the Growth of the Business Business Cycle Business Intelligence and Finance Make-or-Buy Business Decision Acquisition Capital Marketing Plan Business Plan Definition The business plan definition is the plan of action for business operations which has the goal of creating and growing sustainable profits. It is necessary

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Documents in a Loan Package

Requesting a loan to start a new business or expand an existing one requires the business owner to become familiar with the documents in a loan package. Once you have gathered the information and documents needed, knowing how to organize the loan package is the next step. Because presentation is key, this is actually one

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