Category Archives: Financial Management

The Price is Right

In response to my Partner Ken and his post “Raising Prices – Are You Nuts?” I think he’s not certifiable but may be pushing the envelope. The topic of pricing is one of the least quantifiable functions management deals with … Continue reading

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Is Your Business IQ Lower Because of Financial Constraints?

Earlier today, an Associated Press/NYTimes article reported on a study published in the August 2013 issue of the journal Science, authors Anandi Mani, Sendhil Mullainathan, Eldar Shafir, and Jiaying Zhao reported that the poor show reduced cognitive capability (IQ) and are … Continue reading

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Nerves

Not too long ago the partners at Oak & Apple met to review client status. As we started the discussion, Bill, a scratch golfer, commented that in a recent tournament he hadn’t been able to settle down and play his … Continue reading

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The Property Tax You Pay But No One Collects

In our personal lives we often get offers for free samples, free trials, and free products.  If we had to pay, it’s highly likely we would not purchase such an item.  Unless the free item proved useful to you, would you keep … Continue reading

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Why Good Companies Go Bad

What is it that makes good (and by that I mean profitable) companies, growing with a good future, go bad?  Some will point to the economy and how tough it is.  Some will cite pressures brought to bear by customers’ … Continue reading

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A Few Modest Proposals to Improve Cash Flow

There are few companies that don’t need to focus on cash flow these days.  With an improving but still uncertain economy, building cash reserves and lowering debt remain the dominant practices to protect against another downturn.  While there are any … Continue reading

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Gordon Ramsey – Expert or Amateur

I do not watch much TV, aside from  some sporting events.  I do, however, have a love of cooking. So watching a few cooking shows from time to time helps me be a better cook.  This is where Gordon Ramsey … Continue reading

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KPI’s – A Call to Action

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Is Your Warehouse a “Wherehouse?”

How an effective Inventory Management System can increase profits. Do you have a plan for an effective Inventory Management System?  Success starts with a vision, and visions are realized through effective planning. Effective plans separate the winners from the rest … Continue reading

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Cash is King

Most accountants advise business owners to manage their businesses on an accrual basis. It provides a more accurate depiction of the long-term performance of a business.  It recognizes revenue when earned and expenses as incurred so that revenue and expenses … Continue reading

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