Manufacturing
Compensation, incentive plans bolster employee morale
Outsourcing to a low-wage country sounds like a great way to save money. But, it won’t work in the distribution and logistics sector, where you need hands-on people. It’s important to keep your best workers by letting them know how much they really earn and developing incentive programs that offer opportunities to earn still more.
Five ratios help you manage from the balance sheet
Managing and measuring growth from the balance-sheet side of the company’s books can often generate stronger financial performance. By taking a look at both assets and liabilities, management can ensure that the company’s growth plans do not increase debt and cause cash flow or liquidity problems.
Cash flow forecast can help you weather rainy days
Most business owners learn very quickly that there is a big difference between profit and cash flow. This lesson is so important that a failure to grasp its business significance may lead to a failure of the business itself. First, it is important to be clear about what the term “cash” means.
Links to external sites are provided as a courtesy. They are not endorsed and their accuracy has not been verified by Gray, Gray & Gray, LLP its partners or staff.