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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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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. This driver involves investing in research and development, introducing new features or products, and adapting to market trends.

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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. Evaluating Expenses : Evaluate the expenses incurred by the nonprofit, such as program expenses, administrative costs, fundraising expenses, etc.

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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.

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Why Regional Supermarkets Need To Change Their Strategy

PYMNTS

The result is a lack of capital to fund the substantial investments required by innovations, especially online. Economy of scale to improve investment is cited as another important tool. Sharpening the knives to cut costs is essential for regional players, says the report. Is cost management a core strength?”.