Inventory Management For Improved Business

Inventory Management For Improved Business

By Brad Martin, Nexstar Network Business Coach What does inventory management have to do with improved business? Some of the most common issues general managers or owners face when dealing with inventory management are: Shrinkage Loss Theft Detection Controlling...
Historical Data Can Help You Craft Your 2013 Strategic Plan

Historical Data Can Help You Craft Your 2013 Strategic Plan

By Bill Mattern, Nexstar Network Business Coach Historical Data Can Help You Craft Your 2013 Strategic Plan! It’s never too early to plan for next year. If you haven’t already, now is the time to start gathering historical data from 2012. Pull your numbers and stats...
Dollars vs. Sold Days: What Should You Track?

Dollars vs. Sold Days: What Should You Track?

Why should you track sold days vs. dollars? Because it is a strong leading indicator. Leading indicators provide early signals of positive or negative future revenue trends, as opposed to waiting for long-term results. Why else should we track sold days? Because...
Ask A Business Coach: How Important Is Your Income Statement?

Ask A Business Coach: How Important Is Your Income Statement?

By Brad Martin, Nexstar Network Business Coach In order for your income statement to be a valuable management tool, you must know how to correctly use it, and you must use it consistently. What Nexstar Network Business Coaches See… As a Nexstar Network business...