Dramatically Accelerate Correct Fiscal Leadership Decisions!
Banks can reevaluate a company’s financial standing in a handful of different ways. One key thing to remember is that bankers do not like surprises. Learn more about how banks reevaluate a company’s financial standing with tips from an entrepreneur and financier in this free video.
http://smallbusiness.chron.com/banks-reevaluate-companys-financial-standing-72837.html
A decrease in supply of a product can cause some issues if other factors are held constant. For starters, consumers will more than likely start looking elsewhere for the same product. Learn more about what a decrease in supply can do when other factors hold constant with help from an entrepreneur and financier in this free video.
http://smallbusiness.chron.com/decrease-supply-cause-other-factors-held-constant-72829.html
It’s important to understand why a direct write-off method is unacceptable for a business. Especially when a company has significant uncollectible receivables. Learn more about this complex aspect of business management with tips from an entrepreneur and financier in this free video.
http://smallbusiness.chron.com/direct-writeoff-method-unacceptable-company-significant-uncollectible-receivables-72835.html
With Gary W Patterson FiscalDoctor Rapid Growth Profitably Expert
September 10, 2013 – Atlanta, GA – Gary Patterson, FiscalDoctor®, expert on profitable growth rapidly, becoming more bankable and staying banking, was selected by Chron to lead a present a series of ten videos to help increase your profitability. This series is available at http://smallbusiness.chron.com/increasing-profitability-73493.html
Owning and operating a business requires a great deal of savvy, but more importantly, an understanding of finance and budgeting. Gary W. Patterson is a financial advisor and entrepreneur who understands management, budgeting and stock market values that would help any company.
About Gary W. Patterson
Gary W. Patterson, president & CEO of FiscalDoctor®, has worked with over 200 companies spanning supply chain, technology, transportation, construction, and service industries and been interviewed or presented internationally at over 80 of the leading and most prestigious publications and groups in the world.
His 4 books include “Million Dollar Blind Spots: 20/20 Vision for Financial Growth” and “Find Your Million Dollar Blind Spots: 7 Thing You Need to Know.” For more information, visit http://www.fiscaldoctor.com
There are several elements of financial risk management that need to be taken into consideration for any big business. Setting up risk materiality in management override issues is a solid first step in preventing another future Layman Brothers. Find out about all the elements of financial risk management with help from an entrepreneur and financier in this free video.
http://smallbusiness.chron.com/elements-financial-risk-management-72834.html
High-Growth ERM Expert Gary W. Patterson Warns, “Unnecessary reports are hazardous to your wealth creation and company’s bottom line.”
August 26, 2013 – Atlanta, GA – Get the best resources in the right spots to exploit growth opportunities. Profitable growth and Enterprise Risk Management (ERM) expert and speaker Gary W. Patterson, president and CEO of FiscalDoctor®, urges companies to slash dead-wood reports to reduce operating costs, enhance the performance of disgruntled employees, and improve business efficiency and bottom line net profits. This also makes organizations more bankable and keeps them more bankable.
To help companies do the most with existing resources, Patterson asks companies to consider the following points when determining which reports would accelerate strategic goals and which ones should be tossed out.
To leverage the pruning process even more, think about what other line items or issues deserve a periodic review? And remember to do this process in good times so your business does not get fat, flabby or overweight again.
One final suggestion. Why don’t you consider instituting this review process of “doing more with less” instead of firing people as a way of reducing inefficiencies? Just think if your employees had fewer useless reports to sift through perhaps they would be more efficient, and you’d have a happier and more productive workforce.
About Gary W. Patterson
Gary W. Patterson, president & CEO of FiscalDoctor®, helps leaders grow revenues profitably rapidly by helping avoid the 3 biggest problems in profitably growing their business. He has helped companies spanning supply chain, high tech, transportation, construction, and service industries. Patterson is a well-known speaker on high growth, enterprise risk management (ERM), operational risk management (ORM), strategic budgeting, risk assessments, leadership, and change management.
For more information on the FiscalDoctor or his book Million Dollar Blind Spots: 20/20 Vision for Financial Growth, visit his website at http://www.fiscaldoctor.com , “free” strategic fiscal fitness http://www.fiscaldoctor.com/fiscaltest.html or call 678-319-4737.
