money management

The Magic Metric For Entrepreneurs: Operating Cash Ratio

Metrics are a powerful tool for measuring progress, evaluating decisions, and when done right, are an early warning system for problems. There is one problem though. . . too many...

The Entrepreneurs's Distorted View Of The Financials

Ask any small business owner how business is going and they will tell you how it has been the last week or two. Maybe even the last month. Business will...

Fixed Costs Aren't Fixed

They say fixed costs are things that can't go away. Buildings, machinery, alimony (that last one is a joke, people). They lie. Fixed costs don't really exist. For example, if...

How To Properly Manage Cash, Your Business's Lifeblood

Giving Blood I recently received a notice congratulating me on donating a gallon of blood. I quickly did some research on Wikipedia and learned that the human body has slightly...

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