Self-Audits - Staying on Top of Important Trends in your Business

Busy leaders need to focus on the needs of customers, prospects, employees, regulators, suppliers and so on. However, we encourage these leaders to also take an active interest in the FINANCIAL health of their business.

Conducting a periodic self-audit or financial health check helps identify areas for improvement and ensures the business remains on track towards the financial goals. 

Here are some important topics to cover in a self-audit.

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Reviewing Cost to Increase Cash and Drive Profits

All businesses should review their expenses periodically. 

Prudent expense management helps ensure that valuable cash resources are used wisely. And sometimes, a business may NEED TO reduce expenses as a matter of survival.

No matter what the circumstances, here are some Best Practices in reviewing and managing expenses.

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Selling Your Business - It May Not Be For You... But Keep Your Options Open

Selling your business might be far from your mind right now. Perhaps you just started and/or it’s going fabulously well. Don’t fix something that’s not broken, right?

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