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Commercial Insights

 

Whether you’re first starting a business or looking to expand, finding the necessary capital can sometimes be a challenge. If you don’t want to mortgage your home or take out a loan that will be expensive to pay back, becoming a commercial landlord can be a great way to gradually grow your business. While being […]

Having a good strategic plan is the cornerstone of every successful business. Whether you’re just starting out, or looking to take your company to the next level, here a few tips to help you make sure your strategic plan is thorough, agile, and able to grow with your business: Involve All Your Key Players In […]

We all know that using less paper is good for the environment, and being environmentally conscious creates a more positive brand image, but those are far from the only advantages of going paperless. In fact, it can make a lot of business sense. Here are some of the top reasons to go paperless: Greater Efficiency […]

There are plenty of advantages to taking your company paperless. Beyond the positive brand image, you’ll help create, it will also help streamline your processes, reduce errors, and save you money. But there are a lot of steps to going paperless, and sometimes it’s hard to know where to begin.   The best advice is […]

Working capital is the cash your business commits to its day-to-day operations and is best understood as the ratio of short-term assets to short-term liabilities. This way of thinking about your business’s liquidity is important because it provides a tangible link between your financial and operational processes.   Areas That Affect Working Capital There are […]

One of the best ways to improve the effectiveness of your short- and long-term operations is to approach them within the context of your working capital. Working capital refers to the availability of cash for everyday operations and can be expressed as the ratio of current assets to current liabilities.   When a company has […]

The efficient use of business funds is key to the success of any middle-market company. To support the business’s performance, take a bird’s eye view of your financial activity – including all revenue streams, expenditures, and capital reserves. By examining how each factor contributions to your overall financial picture, you’ll be in a better position […]

As the summer approaches and you become distracted by thoughts of sandy beaches, consider this: You are operating the business during the time of the “empowered customer.” Today’s customer is connected and mobile and has an endless abundance of choices. Your customers are loyal to your business only to the extent to which they feel […]

Protecting your company’s inventory involves more than just guarding against physical theft. While setting up controls to prevent traditional inventory theft is important, it’s just as crucial to monitor and implement controls for your company’s inventory record-keeping. If your company is a retailer, manufacturer, or other inventory-based business, taking steps to prevent fraudulent inventory accounting […]

A company’s inventory is often one of the largest assets on its balance sheet. Unfortunately, inventory doesn’t always receive the careful monitoring it deserves – often at the expense of a company’s bottom line.   Whether you deal with raw materials, parts, supplies, or finished goods, it’s common to find small discrepancies between your inventory […]