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There are many other things you can do before and during your financial presentation to make it more effective. Here are several ways other financial pros prepare as they plan for a successful presentation. [more]
John O'Donnell, CFO of Aveksa, a Waltham, Mass.,-based developer of access governance automation solutions, discusses investing in areas with returns and the impacts of employee turnover. [more]
Imagine having more than 1 out of every 3 dollars you’ve earned tied up and inaccessible.
That’s money you can’t use to advertise, to develop new products and services, or to hire employees.
For many business owners, that scenario is a day-to-day reality as they sit with 35 percent or more of their assets tied up in accounts receivable. Obviously, when it comes to money you’re owed, you want to collect as quickly as possible, says Michael W. McNeilly, director of advisory services at financial information company Sageworks. [more]
Part III. Disjointed data
Last week, we continued the topic of how to present financial information to various audiences. In addition to keeping your data simple and focused, it’s key to select the right metrics – those that address both the exact purpose of your presentation and the audience. The next step is to offer perspective about the data. Even if you select the right numbers to highlight, your financial information could be useless to your audience unless you draw connections between those numbers.
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Paula Griffo, CFO of VoIP Supply, an Amherst, N.Y., provider of VoIP (Voice over Internet Protocol) solutions, discusses reducing operating expenses and the challenge of developing accurate cash-flow forecasts. [more]
As recent economic reports have indicated, residential construction ended 2011 on a positive note, according to a new review of private company data by Sageworks. The data was recently published on Forbes.com. [more]
Last week, we began the topic of how to present financial information to various audiences by discussing the importance of keeping the data you use simple and focused. In part II this week, we'll review the second pitfall of presenting numbers that people often encounter: relying on meaningless minutiae. This pitfall often stems from having too much data and is when you’ve chosen the wrong data to present your argument or to provide a full snapshot of a situation. [more]
John Kogan, president, CEO and CFO of online community Proformative, discusses raising capital and having realistic assumptions about your receivables collection.
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“When you like your customers, you get good at serving their needs, even anticipating them,” Sageworks CEO Brian Hamilton says. “Helping them becomes a calling, not a chore.”
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Results of the Federal Reserve’s December survey of loan officers could be released today, perhaps providing insight as to whether banks have eased standards on commercial and industrial loans recently.
President Obama in his State of the Union address last week urged Congress to help “tear down regulations that prevent aspiring entrepreneurs from getting the financing to grow.” But is access to credit still one of the biggest issues facing entrepreneurs and small business owners?
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