Archive for the Strategy, Finance & Ops Category

Will Your Company face Bankruptcy in 2017?

You may not know Edward Altman, but he knows an awful lot about your business — like whether your company will be bankrupt in the next two years. In the 1960’s Altman developed a corporate finance formula that will accurately predict business bankruptcy more than 90% of the time. The formula, called Altman’s Z Score, needs just 8 numbers — and all of them can be found on your income statement or balance sheet.

How healthy is your business? Take the Z Score Test and find out for sure.

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Cash Handling Procedures: 6 Golden Rules to Reduce Losses

Cash Handling Procedures

Paying with paper money may be going out of style, but accepting it as payment is still a necessary evil… and a real danger for retail businesses. Mark Essig, CEO at FireKing Security Group, shares his 6 best practices for cash handling procedures that will help retail stores keep their cash safe from theft, loss and embezzlement.

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Cash is not a Dirty Word: 4 Keys to Better Cash Management

small business frauds

Cash management is the key to staying in business — no company lasts long without consistent cash flow and strong collections activities. Learn the 4 keys to cash management and implement them today.

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What is Your Business Trying to Tell You? 5 Keys to Better Business Metrics

Business metrics

In my career as an entrepreneur, I’ve often fooled myself about what’s important and how to build my business. I’d go to work each day focused on results that are easy to see: making a sale, collecting “follows” on social media, tracking the website hits from my online advertising. And sure, […]

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PCI Compliance FAQs

You may have heard the term PCI compliance while researching how to accept customer credit and debit cards as a form of payment, but if you’re not quite sure what PCI compliance entails, you’re not alone. Here are some commonly asked questions about PCI compliance, and how it relates to […]

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3Rs: The Secret Sauce for Better Financial Reporting

bad data bad decisions

I’m going to let you in on a secret: The best businesses—those that really boost the wealth and happiness of the business owner—are not built on intuition or luck. As much as we would like to think that great entrepreneurs have some kind of special gift, the best among us simply know […]

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Part 3 – Financial Reporting: You Can’t Make Good Decisions with Bad Data

Better Business Decisions Start with Better Financial Reporting

Last time we looked at nine warning signs that your business might need a transformation or major tune-up.  This time we’ll talk about how to get started, with four improvements in management information and financial reporting.  In short, to make better decisions with better data, you need to: 1. Correct errors in your […]

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Business Transformation Part 2: Warning Signs that Your Business Needs a Makeover

Last time we defined business transformation and its role in a thriving business. How can you know when your business might need a transformation or major tune-up? Here are nine warning signs that you may be overdue. Is your financial data accurate and correctly organized? Lack of good financial reporting […]

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FUSE FINANCIAL PARTNERS, LLC
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Charlotte, NC 28217
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