The discussion on turnaround management continues today with a discussion on weak finance function. As a business owner, it is your responsibility to have integrity and to hire people to work in finance who will hold the line. It’s not just about the numbers, it’s about recording financial data according to fundamental principles with correct…
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Today we’re highlighting some adverse trends that indicate problems are arising in your business. If your business is struggling because you’ve hit a plateau, or your business is headed in the wrong direction, you’ll want to pay attention to these warning signs of decline. Poor working capital controls will ultimately get your business into trouble….
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Emerge Dynamics is all about how businesses can emerge from their peers, and businesses accomplish that when they are well-run. This is especially true during a downturn, so today we’re focusing on how you can guide your business through these challenging times. There are so many bankruptcies happening in 2023. Why is that? It can…
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Today we continue the conversation around your borrowing base. This episode dives deeper into why you may want to consider a borrowing base to finance your working capital so that you can help your business meet its potential. We also discuss the importance of having healthy accounts receivable, and how to use it in the…
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On today’s episode, we’re discussing the mechanics of a borrowing base. This is an episode that will have value in the current economy, and will still have value in future economies. Discussion will involve current events, but ultimately, the goal is to provide solutions that will be applicable in any economy. This is a tactical…
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Today we’re broaching a topic that’s been on everybody’s minds, which is inflation. This is a crazy time we are living in, and it’s no different in the business environment. For the first time, the Federal Reserve has actually publicly warned that there is a mild recession. The prices we see increasing every day are…
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Today’s episode continues with a discussion about what servant leadership is and unpacking exactly how to be a servant leader. We’ll get to the core of how important it is to be the best version of yourself in order to create prosperity in your organization. Humility is the cornerstone of a servant leadership mindset. In…
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Today we’re getting into what it really means to be a leader in your organization. People have a tendency to look at the actions and consistency of their leader. You may not even realize how much of an influence you have on the culture of the organization. If you don’t focus on this, then another…
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We’re continuing our conversation about how us business owners can improve as individuals, and today’s theme is that how you spend your time really matters. We’re bringing in two concepts: The Rainmaker’s Dilemma, and the “Value Ladder” from the book “Time Really Is Money: How to Work for $5,000 Per Hour” by Rob Slee. Rob…
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There’s so much going on these past few weeks that affects business owners, so today we’re taking a pause from our recent topics to talk about this current environment instead. Suddenly banks are failing, so we’ll get into what’s behind those along with the continuously increasing interest rates. When looking back at the past 50…
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