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


T5 Electro Command™

New Holland has further extended the T5 Series appeal to livestock producers with the addition of the Electro Command™ semi-powershift transmission. Two ... Read More

View all Products in this segment

View All Buyers Guides

)
Feedback Form
Leads to Insight