Soon it will be time to close the books on 2017 and your thoughts are shifting to 2018. Likely, there are some things that went quite well, but if you had a do-over, there are things that you may have done differently. T
KPI’s, key performance indicators are critical for managing your business. You can’t manage what you don’t measure, right? Goals allow us to stay focused and manage our businesses effectively. Here are 4 KPI’s for you co
It’s that time of year again when we begin to close the books on the year and look ahead to what the new year might bring. The assumptions you use are critical to your profit and loss and balance sheet forecasts. This is
How much money are you going to make this year? Since 75% of the year is over, October and November are good months to get with your CPA and discuss tax strategies. While it’s a good idea to minimize taxes, many of you c
Kaizen is the Japanese word for gradual continuous improvement. It simply means change for better. So, how does this apply to you and your business? As you begin to make plans for 2018, I’d like to challenge you to commi
Why is funding losses in your business with debt a bad idea? First, there are always two options when funding your business, one is with debt and the other is with equity. But many business owners would prefer to take th
If you spend more time poring over financial statements instead of running your business, it’s time to make a change. Let the profitability coaches at McDermott Financial Solutions show you which levers to pull to drive profitability forward. With nearly a century of combined business management and commercial banking expertise, we’ll help you find and fix what’s holding you back and get you on your way to growth and profitability.
We would love to talk with you about your company – how it is functioning currently and where you would like to take it. We are confident that we can help you create or refine your financial plans, and coach you through the steps needed to realize your goals.
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