Finance
Manage Equipment Costs by Analyzing Profitability
Ask Andi: Need help to manage equipment costs. We have a lot of equipment
May 12, 2014
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Ask Andi: Need help to manage equipment costs. We have a lot of equipment
Ask Andi: The business has been on a wild ride recently. I’m not confident
Accurate reporting is essential to managing and improving profits. Greater profit benefits everyone in the company. It’s a self-reinforcing loop that must be built. Finance can lead the way through education.
Ask Andi: I don’t understand our balance sheet. What does it show about our company?
Ask Andi: I thought we’d improve cash flow this month. But we’re still playing catch
Ask Andi: How do we reduce overhead costs? They’re dragging the business down. Revenue is
Ask Andi: Our mid-year financial check-up shows we stray off course. This year we need
We have an issue with accurate financial reporting. It’s hard to tell what’s going on
Our Credit Line has an annual requirement to get out of the line for 30 days, and that timeframe is nearing. We’re doing a lot better this year than last year; it’s mostly a timing issue. I’m not confident we can clean up the credit line within the 12 months, as our bank requires. What should I do?
Ask Andi: How do we track business metrics? This is a critical year for us.
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