September 29, 2016

There is one number in the custom integrator/operator's world that can determine profit really fast. We call it Gross Profit Productivity or GPP.


In short, it is all your gross profit dollars (no labor costs and just product and parts cost included) divided by your tot...

September 29, 2016

To get to a standardized set of financial processes, we believe there are some very basic requirements:


1. Adopt a standard chart of accounts that all your current accounts can roll up to. Big numbers are more telling of what needs to be done. We have a standard s...

September 29, 2016

To get really useful numbers you need to adopt a standardized approach to counting income and expenses in your business. Sounds easy, but we see that very few CI companies count right. Not a surprise just a fact.

Counting right, which is step one of our service, can lea...

September 29, 2016

The very headline may sound like some advance sci-fi approach to business, but it is quite simple. What if there was an easy to digest pill that gave you the real essence of improving the business; something easy, simple and painless.

Well that may be going too far. But...

September 27, 2016

No doubt owners are busy operating the business. Everyday presents new challenges and some old ones too. So all this talk about better data, KPI’s (key performance indicators) and better information seems for the numbers guys and not for me a people person, or go-to te...

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TUESDAY MORNING COFFEES

Business Intelligence Is It Beyond Me?

September 29, 2016

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We have written over 340 coffees in 7 years sharing detailed insights into the CI business.
 
Most coffees are archived here on the site.
 
We value your feedback if you are one of the 150 regular readers. If you are not, email me, we will add you to the Tuesday morning list.
 
paul@vitalmgt.com
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