Don’t worry- that’s only the sound my bones make as I walk. Or, maybe I mistook that sound for the wheeze emanating from my lungs.
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C-r-e-a-k
Tag Archives: Profits
Financials are just a blip in time…
I know most of you run your companies on a cash basis. Your gross is small enough that the IRS does not require you to run accrued financials, which are more difficult to maintain. But, it would behoove most firms to check their positions using accrued financials every once in a while.
Continue reading Financials are just a blip in time…
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How’s YOUR vision?
So, there I sat. In this cavernous room. Recently painted, an exquisitely curtained ark, with the rest of the room unadorned. And, I notice each congregant. Their clothes, their demeanor. Who’s dressed to the nines, who’s not. Crystal clear.
Continue reading How’s YOUR vision?
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Profits Don’t Provide the Whole Picture
As one reads the newspapers (uncritically), one would assume that business is booming. We have just read about the third quarter in a row of impressive earnings growth. Total corporate profits are on the order of $ 1.2 trillion, way higher than before our devastation. First caveat- we are comparing these results to pretty anemic periods. If you were running your company and had a 50% drop in profits for one year, the next year’s earnings growth of 100% would mean you were back to just where you were two years ago.
Continue reading Profits Don’t Provide the Whole Picture
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