Revenue is Vanity, Profit is Sanity but Cash is King

Revenue is Vanity, Profit is Sanity but Cash is King

 
 
00:00 / 00:16:32
 
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Revenue is Vanity, Profit is Sanity but Cash is King

Everyone who works in finance quickly discerns the value of cash. It doesn’t take a genius to figure out that cash is what keeps your business alive. Some people might even say that cash is king. What isn’t always clear is that there are many different ways to understand how cash affects your business.

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Listener Question on Making More Profit

Listener Question on Making More Profit

 
 
00:00 / 00:20:53
 
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Listener Question on Making More Profit

One way of measuring the profitability of your company is to take a big picture look at your company’s finances. This type of examination usually comes at the end of the year as you examine annual budgets, spending goals, and discern the overall profitability of your company. 

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Losing Dough

Losing Dough

 
 
00:00 / 00:22:32
 
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Losing Dough

When it comes to talking about the best accounting practices, it’s easy to focus on the numbers on the page. The numbers are constantly changing and moving, and at some point it’s your job to make sure the numbers end up in the right place. However, if your business carries physical goods and keeps them in stock, your numbers are representing these real physical goods. Just because your numbers end up in the right places doesn’t mean your physical goods have.

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The Least Medium Sized Companies Should Know About Procurement

The Least Medium Sized Companies Should Know About Procurement

 
 
00:00 / 00:19:32
 
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The Least Medium Sized Companies Should Know About Procurement

Most of the available advice on procurement is aimed at large companies with hundreds of employees. While there might be some pieces that are helpful, most of that advice pertains to systems and issues that don’t arise in medium sized companies.

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