Business Rx is your weekly dose of expert advice to help insure the health and wellness of your business and businesses of every size. Hosted by Sonny Saeks, CEO of New Growth Advisors, who has over 30 years of proven results in helping troubled businesses to get back on the road to profitability.
A Sale isn't A Sale Until It's Paid For.
Are you paying commission on a sale when the invoice is sent or when the product is shipped? What do you define a sale as? Does it differ from your accounting department? Until the sale is paid for, your business is just a creditor to it's customers.
How do you maintain stability with your lender? How do you deal with constant turnover at your bank? What do you do after the honeymoon period with your lender is over? Listen to this episode of Business Rx for these answers and more.
Monthly Financial Reports and Reviews
How do you tell if your business is succeeding? How often are you doing financial reports and reviews? Learn why we think Monthly reports and reviews are a must have in this episode of Business Rx.
Collection Call Alternative
Do you hate making collection calls? Do you feel that your accounts receivable are aging and cash flow is tightening? How to can you get that cash collected and your cash flow surging again? Listen to this episode of Business Rx to find out.
Does your management team lack alignment? Do they seem out of touch with one another and aren’t up to date? How can you remedy this problem? Listen to this episode of Business Rx to find out.