Your company is ready to make a big purchase — a fleet of cars, a piece of manufacturing equipment, a new computer system. But before anyone writes a check, you need to calculate the return on investment (ROI) by comparing the expected benefits with … [Read more...]
ALS Ice Bucket Challenge
I was challenged by Clark Carlile our sales manager for Setpoint Systems to do the ALS ice bucket challenge, Clark lost his mother to ALS last year. I made a shout out to Reid Leland president of LeanWerks a friend of Setpoint Systems and Michael … [Read more...]
The Before and After of Pro-Formas
"What's a pro-forma?" Asked a participant at a recent financial intelligence session. Pro-forma refers to an adjusted, non-GAAP financial statement. Because the world of accounting loves to deploy terms in multiple ways, pro-forma ends up being … [Read more...]
Message to BLI Clients and Partners on Karen Berman’s Passing
Karen Berman, founder of the Business Literacy Institute, passed away on July 14, 2013 after a long struggle with cancer. My colleagues and I have lost a partner, leader, colleague, and dear friend. Karen had a burning passion for her work at BLI. … [Read more...]
The Financial Crisis Revealed
In this article you will learn: What makes a bank fail How mortgage-backed securities work The role of Freddie Mac and Fannie Mae The difference between prime and subprime mortgages Events that led to today's financial crisis Who … [Read more...]