A board package should contain matters pertinent to strategic oversight and development. The basic components should be (1) what happened in the past quarter/year, (2) where we are now as part of our overall roadmap and business objectives, and (3) how do we move from...
The following is a guest post from Renee Wong, Partner at The CEO’s Right Hand, Inc. What is a customer worth? The answer to that question is a powerful piece of knowledge and is the reason that customer lifetime value (CLV), also known as Lifetime Value (LTV),...
William Lieberman sat down with FiOS1 Long Island, Money’s Main$Street, Christa Lauri, to discuss How to Analyze Your Company’s Performance. Most businesses are run by instinct. However, in order to evaluate the health of your business is to first look at...
Founder and CEO of The CEO’s Right Hand, Inc., William Lieberman sat down with FiOS1 Long Island, Money’s Main$Street, Christa Lauri, to discuss How Small Business Owners Know if Their Finances Are in Good Order. A good starting point is tracking cash. You...
You look at your bank balance and you see that you have plenty of cash available. You have plans to grow the business, but you are not sure if you can afford to make any investments. Your bookkeeper tells you that you are making money, but there are swings that...
Business school taught me the importance of how to read financial statements and analyze the fiscal health of a company. We spent hours poring over publicly-available financial reports (the infamous 10-K, 10-Q and annual reports). Our professors even quizzed us to...