Here’s the example: You’ve got three potential projects that require funding: a must-do facility expansion, a potentially huge new product launch (but risky), and an … Read More

The CNC machine is purchased. The warehouse robot is leased. The solar battery upgrade have been wired. Now, you sit and wait for those investments … Read More

There’s something about buying a new machine that makes you optimistic. It has a gleaming piece of metal in front of you, and it says … Read More

A half-a-million-dollar machine sits before you. Sales rep’s raving about lower downtime and higher efficiency. But something in your gut’s bellowing out “danger!” That’s when … Read More

The problem is running out of cash, even if you’re profitable on paper. Operating cash flow is a superior measure then net income when someone … Read More

The income statement tell you what the company says it’s earning; the balance sheet tell you where that money is sitting. Neither one, though, tells … Read More

How fast a startup burns money is called burn rate. In other words: it is the speed at which a startup lose money. Use this … Read More

Do you remember how some businesses appear great on paper but seem to be hemorrhaging money out of bank account? Yup, that’s typically a unit … Read More

Prioritize cost of making product over spending money on marketing Before small business owners obsess about marketing spend, they should of first prioritize the cost … Read More

A lot of times we think we know how much something costs. We look at the price tag. We figure out the quantity. And we’re … Read More