In our work we frequently hear entrepreneurs or managers talking about the turnover of the company they lead. This indicator is known and used by most managers and entrepreneurs, being perhaps the most common, but our experience has shown us that most of the time it is only partially known. Why do we say this? […]
What do we do when our organization is in an unfavorable moment, more precisely when we encounter crisis situations? Constantly there are factors that erode our company's results. Sometimes they are visible factors and force us to take immediate action, sometimes they are masked factors that can be overlooked and noticed only when the effects […]
Difficult economic contexts, every time, put distances between entrepreneurs and differentiation, through competitive advantage, can become one of the most important development levers. Any market correction, whether due to socio-political, fiscal or legislative causes, pales in comparison to "white swans" or "black swans" (cf. Nicholas Nassim Taleb) - exceptional (economic) events caused by factors that […]
There are many situations in which companies have capital problems from the perspective of recurring and occasional expenses that will appear in the next period. The existing amounts in the accounts and those to be collected not being sufficient to be distributed to the needs so that they are properly covered. If this situation, as […]
An essential element in the success of the business is its continuous development. Due to the fact that there are no standard recipes for development in entrepreneurship and because "live" trials are too expensive, it is very useful to have a tool that allows us to virtually simulate different key parameters of the business we […]
During our activity in business management, we often meet quite a few medium and large companies that have not identified, within the operational activity, the "Value Added Unit". Also, within small, entrepreneurial companies, the percentage of those who have defined this essential element, thus relating their operational and financial performance to it, is also very […]
When it comes to proper business control, it always needs to include financial control. Tracking money from two perspectives – that of income and that of expenses, is the tool by which we can appreciate the degree of health and performance of the organization we lead. This basic tool should exist in any organization, be […]
