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Driver-based planning: the best of basics

Spreadym

Driver-based planning is a strategic planning approach that focuses on identifying and prioritizing key drivers or factors that have a significant impact on the performance and success of a business. It involves analyzing and understanding these drivers to develop effective plans and make informed decisions.

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Cash Flow Management: Key Steps

Spreadym

Controlling Expenses: Evaluate your operating expenses and look for ways to reduce costs without compromising the quality of products or services. Investment of Surplus Cash: If your business has surplus cash, consider investing it in interest-bearing accounts, short-term investments, or other opportunities to earn a return.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Statement of Activities Financial Uses Assessing Revenue Sources : Analyze the various revenue sources of a nonprofit, such as donations, grants, program fees, and investment income. This information is crucial for financial planning, budgeting, and identifying potential areas of revenue growth. accounts payable, loans).

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Mobile Order-Ahead: It’s Not Just For Restaurants

PYMNTS

Only 29 percent had plans to invest in mobile ordering technology in 2017. A native mobile app is indeed costly to develop, but as Starbucks, Domino’s and other QSRs and coffee shops have shown, the return on investment can be well worth it.