Turns on Inventory – Systems and Processes to Monitor Inventory Levels
Posted by David Van Damme and Jim Biehl on June 22, 2020
David Van Damme
You’re in the wholesale or distribution space and have a huge asset, called inventory, which needs to be converted to cash, but you aren’t great at tracking or counting it and you are not really sure which items are sitting. So what do you do?
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Financial Analysis Video: Days Cash On Hand
Posted by David Van Damme on April 6, 2020
In light of COVID-19, business owners, CFOs and operations managers are spending a lot of time thinking about cash flow. Now, more than ever, cash is king and understanding how to plan over the next few months and beyond is vital. Watch the video to learn more.
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Financial Analysis – Gross Profit & Gross Margin
Posted by David Van Damme on March 10, 2020
This video discusses the importance of using gross profit and gross margin to determine your company's performance, analyze year-over-year changes, and understand how additional sales can impact gross margin.
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Financial Analysis – Utilization
Posted by David Van Damme on March 3, 2020
Senior Manager Dave Van Damme shares insights on a handful of key performance metrics to help business owners track financial performance.
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Financial Analysis – Revenue By Employee
Posted by David Van Damme on January 23, 2020
Senior Manager Dave Van Damme shares insights on a handful of key metrics to help business owners track financial performance. Here, he discusses revenue per employee so that business owners can better understand the relationship between revenues and costs.
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Vigilance Helps Defend Cyber Attacks
Posted by David Van Damme on February 5, 2019
Situations You’ll Want to Avoid You have undoubtedly heard it before: When it comes to opening emails, clicking links, and browsing – – “Be vigilant.” …
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