Balance Sheet Business Management
A business needs a management objective to guide growth and profit decisions. The core objective that guides business decisions is to build a financially strong balance sheet. PEK developed Balance Sheet Business Management to drive business decisions to meet this objective. A financially strong balance sheet is required because a business faces challenges and opportunities. Financial strength is required to overcome challenges and take advantage of opportunities.
Using this management practice, you improve your ability to make the business decisions needed to build balance sheet financial strength.
The process has three steps:
- Ask the question: How does this decision impact the balance sheet?
- Balance sheet account forecasting and comparison evaluation.
- Conversion: calculate the inventory to cash time cycle.
Take the Balance Sheet Strength Assessment
Business decision-making and the actions that follow drive Balance Sheet strength.
Your score on the 10 question assessment will give insight to your company’s decision-making and action steps.
Click the button below and check your inbox to take the 10 question Balance Sheet Assessment.
Balance Sheet Business Management Meeting
Reviewing your current balance sheet accounts over a 3-month period will provide insights to take immediate action. Our no-charge initial meeting will get you started on assessing your core business objective and will provide you with business decision-making confidence.
