by Jerry Vance | Feb 18, 2015 | Uncategorized
A mission statement is a formal summary of the aims and values of a company, organization, or individual. Think of your mission statement as your business model, summarized into a few sentences. Anyone can write something down and title it their mission statement, but... by Jerry Vance | Feb 18, 2015 | Uncategorized
How you manage your growth is a vital ingredient to your company’s future success. A balance needs to be struck between keeping the engine going and too much growth; and yes, there is such a thing as too much growth. In this post I’m going to explain three ways... by Jerry Vance | Feb 18, 2015 | Uncategorized
The leverage decision is an important one that can have far-reaching consequences. The most basic leverage ratio is debt/equity and measures what percentage of your assets is financed with debt. The most fundamental advantage of using leverage is that it boosts... by Jerry Vance | Feb 2, 2015 | Uncategorized
I’ve seen many business owners who are ready to grow and expand their business in their existing business or into new product lines or markets but aren’t sure if there is enough demand for their increased investment. Understanding the level of demand in your industry... by Jerry Vance | Feb 2, 2015 | Uncategorized
The Boston Consulting Group did a study of the cash conversion cycles of 122 fast-moving-consumer-goods companies from 2006 through 2009, and the results were incredible: by simply being more efficient with their inventory and receivable cycles, they estimated savings...
