by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Nov 30, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling
Outstanding accounts are a business asset, but not one that a business really needs. The costs of collecting an overdue debt can be high over a period of time and put a big hole in your profit margin. Collections are best done using a pre-planned system and not...
by Chris Hunter | Nov 30, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling, Profit Improvement
First let’s ask, does your firm have a credit policy? An amazing number of professional services firms don’t have one, or if they do it’s relatively haphazard. It’s essential that your firm has a credit policy and that it’s known and understood by every member of your...
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Credit Card & Merchant Accounts
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
While there’s no escape from preparing the financial information for a business plan, a step by step approach will help make the task less onerous. Similar to the overall business plan itself, the financial information should be divided into specific sections to...
by Chris Hunter | Nov 30, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Financing
by Chris Hunter | Nov 30, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Mar 26, 2016 | Cash Flow Management & Modeling, Inventory
Inventories have a way of growing. The justification is usually that “if we don’t have it we can’t sell it”, so a connection is made that translates as”the bigger the inventory we have, the more sales we’ll make”. If only it were so. Inventories are usually made up of...
by Chris Hunter | Dec 25, 2015 | Cash Flow Management & Modeling, Financial Ratios & Formulas
by Chris Hunter | Nov 29, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
The best way to avoid overdue accounts is to avoid dealing with another firm’s slow paying customers. Almost every customer that’s going to be a problem for you is already a problem for somebody else. Does that mean never taking risks? Of course not. Every business...
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
Any business that gives credit knows it has to provide for non-payment of a portion of the total amount it’s owed unless it has an absolutely flawless credit policy, but there are early warning signs that can help you know when a debtor business is heading into...
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Financing
by Chris Hunter | Nov 30, 2015 | Borrowing Basics, Cash Flow Management & Modeling
by Chris Hunter | Mar 25, 2016 | Cash Flow Management & Modeling, General - Operations, Profit Improvement
With the local economy in the dumps, business development advisors are working with clients to tighten up their defenses. In addition to dispensing advice on how to better monitor cash flow and accelerate receivables, business development advisors are helping clients...
by Chris Hunter | Mar 27, 2016 | Business Plans, Cash Flow Management & Modeling, Performance Management, Start-Ups
A professional services day is theoretically the same as any other – 24 hours long. But when it comes to how many of those hours can be dedicated by managers to earning fees you’d probably be surprised just how small the number actually is. If the working week were...
by Chris Hunter | Nov 30, 2015 | Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Nov 25, 2015 | Business Development, Cash Flow Management & Modeling, Change Management, General - Entrepreneurship, General - Operations, Leadership, Project Management, Strategy
by Chris Hunter | Dec 24, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling, Financial Ratios & Formulas
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Profit Improvement
by Chris Hunter | Nov 29, 2015 | Bookkeeping & Accounting, Cash Flow Management & Modeling
by Chris Hunter | Dec 24, 2015 | Cash Flow Management & Modeling, Financing
Budgeting is part of good management. No business can expect to succeed unless it has a plan for expenditures that is related to its revenue estimates. Companies that spend more than they earn won’t be in business long. But businesses generally have a number of...
by Chris Hunter | Nov 25, 2015 | Business Plans, Cash Flow Management & Modeling, General - Entrepreneurship, General - Personal Growth & Leadership, Leadership
You’ll recognize the familiar way to tell an optimist from a pessimist. Give each a glass of water filled to the halfway point and ask them to describe it. The optimist says the glass is “half full”, the pessimist says it’s “half empty”. From this you can extrapolate...
Chris’ combination of academic credentials, career experience and temperament ideally suit his calling as a business development advisor. Clients say he has a mind for business and a heart for service.