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The previous article explained how the initial founding team is the core of success of any start-up – and investors today are well aware of that. So how should founders assemble a team which will be…
What makes an excellent team? There must be unique skills and shared experiences which bind the team together. Team members needn’t have had the same background but at a certain point in their lives…
The previous article described how, if your competitor outperforms you in terms of stocking the right amount of products, you will most likely start losing customers.
Don’t let biases take control in your procurement department. That would be great for your competitors but not for your own bottom line.
A financial department should be able to explain what impact individual elements of company transformation will have on financial performance.
Do you know what to expect in cases of losses caused by internal fraud? Internal controls can help mitigate the risk of fraud taking place. On the other hand, these checks may not be sufficient to…
A minimum income guaranteed by the government is a concept which is being widely discussed. In order to find sustainable answers to income inequality and other challenges, problems need to be clearly…
The previous article suggested that the treasury should take on a more strategic role.
Many CFOs focus mainly on minimising operational risk. At the same time, however, they are creating a blind spot in the area of optimising liquidity.
If you have ever wondered why it is difficult for large companies to innovate, the previous article offered a good example of the possible roots of the problem. Now we will look at a few more cases –…
The previous article described how not only floods but also a decline in sales revenues can interrupt your business if you don’t have enough cash on hand. Now we will learn more about how to prepare…
Days cash on hand is a metric that helps you estimate the number of days your organisation would be able to continue operating only with the cash it has available today.
A recent study by researchers from the University of Arkansas entitled Don’t Make Me Look Bad: How the Audit Market Penalizes Auditors for Doing Their Job was presented this year by the American…
The cost of debt is an important factor in deciding whether to make a privately owned company public. Debt is more expensive for companies held privately than for publicly traded ones.
Workplaces are full of people pitching, trying to sell their ideas to others. Who are the buyers? Their bosses.
