The Importance of Tracking Current Ratio

The Importance of Tracking Current Ratio

Don’t Ignore Early Warning Signs The current ratio, a key financial metric, is crucial for assessing a company’s short-term liquidity. It is calculated by dividing current assets by current liabilities, providing a snapshot of a company’s ability to cover...
Perfectionists need not apply!

Perfectionists need not apply!

One of the worst traits an executive can have is to be a perfectionist. Those that are, lack one of the most crucial skills in today’s drastically changing environment – timely decision making. If an executive is resolute with gathering all the appropriate...
Procrastination… an Executive’s Curse!

Procrastination… an Executive’s Curse!

The ability by an executive to make timely decisions is critical to a company’s success. Executives that continually ponder issues are simply doing great favors for their competitors. In today’s radically changing environment, those companies and...
Cash runway… how much time is left?

Cash runway… how much time is left?

Not having adequate and capital reserves to weather a sudden and severe business decline can leave a company desperate and without any leverage. The resulting financing, whether from angel investors, venture capitalists, or even a bank, will usually come at a much...