Create financial health for your business

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

To create financial stability for your business, barbara Dartt, planning coach at Salisbury Management Services, says you must:

  • Determine where you are in the business life cycle.
  • Uncover your core values.
  • Determine your guidelines for taking on new opportunities, like minimum working capital needs and minimum equity position.

It's also about controlling what is controllable and moving your accounting system beyond what is required for tax purposes. Finally, you need to be a student of your business. "This takes commitment, work and a project champion," Dartt says.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


8560 4WD Shuttle

Built for Performance. Modern looking 83 hp workhorse with rugged, cast-iron chassis that provides more weight – resulting in more ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight