Listen to the latest 60 second episode of Integrity Moments with Rick Boxx
In my banking and consulting career, I helped many struggling companies become profitable. Many businesses have folded recently, and many more are doing all they can to survive.
In this series, I will highlight five steps that can help your business get financially stable and move towards thriving. The first step is to Know the Condition of Your Flocks.
You need to know the true market value of your assets, an accurate accounting of all debts and obligations, and understand your current cash flow, including your last month’s revenue and expenses.
Proverbs 27:23 teaches, “Know well the condition of your flocks, and pay attention to your herds.”
If you don’t have accurate financial information, hire a good bookkeeper now! Without good financial information, your chances of survival are slim.
How Unconventional Is Your Business?
Take the Unconventional Business LEADING Assessment, a FREE 10-minute leadership assessment designed to help business leaders determine how they are integrating faith into their vocational calling.
