Financial Management
GETTING BACK TO BASICS – EXCELLING IN 2020 & BEYOND How to Lead and Thrive During Times of Uncertainty In this video, you’ll learn how to lead and thrive during times of uncertainty by building a strong business foundation. Understand how to lean into your WHY and values to make business decisions, the importance and…
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OUTSOURCING SERVICES Are you? Frustrated that you are doing great work and making sales but not making money Tired of wearing even more hats and running yourself ragged Unsure if you are making money or losing money from month-to-month and you are anxiously awaiting end of year financials Struggling with finding and retaining the right…
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BUSINESS STRATEGY INTERVIEW This week, I was interviewed by Rob Murray from Intrigue Media to discuss the “ins and outs” of business strategy, employees and finances when it comes to managing your business through COVID19. If you are interested in listening to the interview, click on the Listen and Watch button below. Listen and Watch…
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Financial Survive to Thrive Plan – Canada 1. Take a Systematic View of your business Negative or Positive? What is your mindset? Figure out the new “normal” Economy will struggle post COVID-19 (6-12-18 months) Review your business and clients. What % decrease in Sales are you expecting for 2020? Which option are you finding yourselves…
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How would you rate your relationship with your Bank or Lender? Are you frustrated that you keep being denied a Line of Credit? Or confused that you are hearing mixed messages from your Accountant and Bank? Are you tired of feeling “dumb” in front of your Bank when they start naming off…
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What is outsourcing? Outsourcing is the process of assigning a company’s business processes to an external agency in lieu of enhancing service quality, driving innovation or deriving benefits of lower labor costs.Truehelm specializes in providing embedded business services for the skilled trade industry (Landscaping & Home Construction). Skilled Trade type companies often lack the complete…
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Find out the difference between your Income Statement & your Balance sheet. From Your Company’s Pulse: Use your Balance Sheet to Determine its Beats presented as part of Landscape Ontario’s Professional Development Seminar Series. Income Statement vs Balance Sheet
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What ratios should you be tracking & what do they mean? From Your Company’s Pulse: Use your Balance Sheet to Determine its Beats presented as part of Landscape Ontario’s Professional Development Seminar Series. Ratios
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Part 2 of 2: Resist the urge to ignore financial ratios. They are the guideposts to success — however you choose to define it. According to Nathan Helder, balance sheets are all about relationships. Understanding how the asset and liability line items within your business relate to each other is key to guiding your business…
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Part 1 of 2: Balance sheets are a ‘selfie’ of your business at a point in time; learn how to use them to advantage. Nathan Helder has a dream. He wants landscape business owners to move away from regarding their companies as everything: their ‘baby,’ their life, their retirement. Instead, companies should be a means…
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