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Practical Business Planning – Put the Owner First

Image by Phil Sexton via Flickr Pay Yourself First In the past articles, we’ve talked about how to create a 3-5 year plan for your business, and then how to break that plan into manageable goals and milestones. Now we’re going to get into the planning process. This is the place in most business planning [...]

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Fri, March 25 2011 » Cost Management » No Comments

Practical Business Planning – Stepwise Refinement

photo credit: o5com Stepwise Refinement Stepwise Refinement is actually a computer programming concept, but we’ll use it here to create small manageable goals and milestones that will help you reach your long-term business goals. In my last article on Practical Business Planning – Create a Goal, we did a little dreaming and set some goals [...]

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Fri, March 25 2011 » Cost Management » No Comments

Practical Business Planning – Create a Goal

photo credit: Dave Dugdale Practical Business Planing I used to be the Controller/CFO of a corporation that had 31 different LLC’s. Which meant that I had 31 different Business Plans that had to be updated and reviewed on an annual basis. When we finished these business plans I would have to take them and share [...]

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Fri, March 25 2011 » Cost Management » No Comments

Use Accounting Data to Beat the Competition

photo credit: kthread My Journey From Bean-Counter to Bean-Grower I left Public Accounting nearly 17 years ago, because the firm that I worked for did taxes and client write-up. These are great services, but I hate doing taxes and got bored doing CPA Prepared Financial Statements. For the next 15 years, I ran very profitable [...]

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Fri, March 25 2011 » Cost Management » No Comments