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“I Never Thought This Would Happen to Me – I can trust my bookkeeper” I got an email from a contractor who had taken my … Read more
The top line is important, but the bottom line is more important. Many small business owners brag about revenue growth but almost no one brags … Read more
When starting a long project, call the accounts payable department at the company you are doing the work for. Introduce yourself and explain that you … Read more
Profits are not cash. Profits are turned into cash when you receive payment. Just because you have money in the bank doesn’t mean that you … Read more
Last post I discussed why gross margins don’t matter. The only thing that is important is that they are consistent. Here are seven places to … Read more
An increasing current ratio because of a cash infusion (think PPP loans) inflates your current ratio. It is not increasing because your company is becoming … Read more
“We didn’t get our financials for three months and now we’re in a cashflow crunch.” Current Ratio is a measure of liquidity, i.e. how easily … Read more
“The minimum gross margin for commission is 40%. We pay a commission on any project with a 40% or higher gross margin.” The is the rule … Read more
An interesting conversation with my plumber. I had some plumbing work that needed to be done at my house. My long-time plumber left the company and … Read more
First, I used $100 an hour to get your attention. In many areas of the country technicians are already earning $60 an hour or more. And … Read more
Finland’s capital city to reduce CO2 emissions by 26,000 tons annually with MAN heat pump technology Mega heat pump to harness ambient air and renewable electricity for heat generation MAN Energy Solutions to deliver a 33 MW air-to-water heat pump unit – the world’s largest ever used for a district-heating plant Finnish energy company Helen Oy has commissioned MAN Energy
