💡 Why Profitable Businesses Still get into Trouble
Profit is not a safety net — it’s a snapshot. And snapshots don’t tell the whole story. Read more....
Running a business successfully requires more than sales growth and reported profits. It requires control over cash flow, disciplined financial decision-making, and a clear understanding of risk. My name is carlyB and I have over 30 years in banking and more than 15 years in lending and credit risk assessment. This page will provide business owners with practical advice and tips that will aid the growth and successful management of their business operation.
Therefore, I hope you will find the following articles useful whether you are now starting a business or you have managed a business for a number of years.
Profit is not a safety net — it’s a snapshot. And snapshots don’t tell the whole story. Read more....