Posts Tagged 'business advisory'

HomeTag: business advisory

Scaling – How To

Posted by:

Scaling – How To

Scaling – How To

Are scaling and growth the same thing? Does one cause the other and vice versa?

If you are familiar with Blue Elevator®, then you are hopefully familiar with our trademarked phrase.  Innovate, Accelerate, Replicate®.

In addition, you may be familiar with our simple and illustrative scaling metric.  To wit, Level 1, 2, or 3.

Innovate, Accelerate, Replicate®

First, if you want to scale your organization, you will need to continually Innovate, Accelerate, Replicate®.  That means, you will need to follow this ...

Continue Reading →
13
SEP
0

Categories: Blog, Business Advisory, Business Development, Business Growth, Scaling

Tags: , , , , ,

Membership Advisory Plan

Posted by:

Membership Advisory Plan

Are You Leveling Up?

Blue Elevator® is pleased to offer its Membership Advisory Plan (MAP).

Are you planning to start a business? Similarly, maybe you are already a start-up. Or, perhaps you are a C-level executive in a Fortune 500 company. God willing, whatever your role or focus, Blue Elevator® can help you take your business to the next level™.

However, our MAP is not available to the general public. Consequently, participation with Blue Elevator® is by invitation only. Let’s begin the conversation ...

Continue Reading →
4
DEC
0

Categories: Blog, Business Advisory

Tags: , , ,

Current Ratio

Posted by:

Current Ratio

Current Ratio

Do you know and regularly calculate your organization’s Current Ratio?

Working Capital

If you haven’t already, I encourage you to read the article: Working Capital.

In that article, we explore this important concept.  This is a good “companion” article to this article.

If you recall, Working Capital is defined as Current Assets minus Current Liabilities.

The Key is Current

As you will see, the key word from above is Current.  Meaning, Current Assets and Current Liabilities.

So, by definition, the Current Ratio is equal to ...

Continue Reading →
10
JUL
0

Categories: Accounting, Business Advisory, Finance

Tags: , , ,

Working Capital

Posted by:

Working Capital

Working Capital

How do you measure your organization’s Working Capital?

What is It?

What comes to mind when you hear the term Working Capital?

If you’re like most people, you probably think of cash on hand.  But, it’s more than just that.

The technical definition is Current Assets minus Current Liabilities.

The Balance Sheet

You will find the elements you need on your organization’s Balance Sheet.

First, Current Assets includes cash.  Additionally, it also includes other assets that will be converted to cash or used up in the ...

Continue Reading →
10
JUL
0

Categories: Business Advisory, Business Cycle, Business Growth, Finance

Tags: , , , ,

The Best Kept Secret

Posted by:

The Best Kept Secret

The Best Kept Secret

Have you heard the best kept secret?

Maybe you have.  Maybe you haven’t.

From time to time, I like to reach out to people in the literal marketplace, so to speak.  I desire to be of encouragement to the business community.

So, take a few moments to learn about one of the best kept secrets in America.

This Life is Not All There Is

As one of my favorite pastors, C.W. Perry, used to say, “This life is not all there is.”  C.W. ...

Continue Reading →
29
APR
0

Categories: Blog, Faith, Leadership

Tags: , , ,

A System

Posted by:

A System

A System

Do you need a system?

Flashback in Time

It was the early 1990s, and I was working at a large corporation.

I don’t remember the exact details, but I remember the life lesson I took away.

And, here it is.

A Great Leader

At the time, I worked under a man named Len Whyte.  Len was the CFO and Vice President of this large corporation.  And, by all accounts, an excellent leader and a great man.

I learned a lot of things from Len — one ...

Continue Reading →
29
APR
0

Categories: Blog, Business Advisory, Leadership, Management, Problem solving

Tags: , , , ,

Stretching the Trade

Posted by:

Stretching the Trade

Stretching the Trade

Stretching the trade was a phrase I heard many moons ago.  And, before we dig in to the details, I’ll spill the beans.

Stretching the Trade: Definition

Stretching the trade is a phrase used to describe extending Accounts Payable.  That is, increasing Accounts Payable.

Terms

If you’ve been in business for awhile, then you have been accustomed to how things work, so to speak.  Here are some general terms you may have come across.

COD

Typically, when you begin purchasing from a vendor, they ...

Continue Reading →
4
DEC
0

Categories: Blog, Finance, Management

Tags: , , ,

Herding Instinct

Posted by:

Herding Instinct

Herding Instinct

Birds of a feather flock together.  Have you heard that saying?

There’s a certain phenomenon in life and business: Shiny objects attract attention.  And, attention attracts attention.

  • Someone spots a celebrity at Disneyland.  And soon, there’s a swarm of people snapping pictures of the celeb.
  • Bitcoin starts taking off.  And, all of a sudden everyone becomes a bitcoin investor.
  • In the 70s, Pet Rocks and Cabbage Patch Kids became all the rage.

I’m sure you can probably think of certain crazes or fads you’ve ...

Continue Reading →
9
JUL
0

Categories: Blog, Business Cycle, Business Growth, Business Process

Tags: , , , , , ,

Innovate, Accelerate, Replicate

Posted by:

Innovate, Accelerate, Replicate

Innovate, Accelerate, Replicate ®

Innovate, Accelerate, Replicate ® are the three basic business building blocks.  How’s that for alliteration?

And, it’s so fundamental, we even thought to trademark it.

You could be an entrepreneur starting a business.  Or, you could be leading a Fortune 500 Company.  Whatever the case, you will need to be mindful of this trio.

In fact, as you begin reading this article, I would invite you to take a look at this infographic.

Innovate

The word innovate is somewhat self-defining.  When ...

Continue Reading →
25
JUN
0

Categories: Accelerate, Business Growth, Innovate, Replicate

Tags: , , ,

Markup and Margin

Posted by:

Markup and Margin

Markup and Margin

I want to introduce you to my two friends – markup and margin.

What do you think when you hear the term markup?  What about margin?

Are they one in the same?  Or, are they different?

In this article, we’ll explore these two kissing cousins.  And, we’ll reveal a big secret.

Pricing Example

God willing, we’ll just hit this head on.  Let’s say that you are the leading producer of Gizmos.

  • It costs you $100 to make a Gizmo.
  • And, your business advisor recommends that ...
Continue Reading →
14
JUN
0

Categories: Blog, Business Advisory, Pricing

Tags: , , ,

Page 1 of 6 12345...»