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Profitability in a High-Tax Industry: The Success Story of Randall Eickhoff

Growth Institute

By lowering tax liabilities, Randall’s firm creates opportunities for business owners to reinvest in growth, create new jobs, and improve cash flow. Despite the firm’s success, Randall realized that to continue growing, he needed more structure and guidance.

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It’s Time For Leaders To Rethink The Way Their Companies Make Capital Expenditures

Chief Executive

Instead, when a given site or plant makes a capex request, that request is judged only in terms of the anticipated change in cash flow of making—or not making—the investment in isolation. Depending on the industry and company, the project team might also include energy experts, sustainability experts, logistics, etc.

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Season 7 Episode 18: How an Entrepreneurial Operating System Produces Greater Outcomes // Doug Hall, Resources for CEOs

BCW Institute

Does your organization have an operating system that links your vision down to your employees’ daily and weekly actions? Well, find out how many entrepreneurial companies and ministries are discovering how an effective operative system can lead to improved outcomes and impact. So how do you manage your own time and energy?

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Transcript: How an Entrepreneurial Operating System Produces Greater Outcomes // Doug Hall, Resources for CEOs

BCW Institute

“How an Entrepreneurial Operating System Produces Greater Outcomes”. Intro: Does your organization have an operating system that links your vision down to your employees’ daily and weekly actions? And we’re going to be talking about phase two, which is in the realm of operating systems. May 2, 2022.

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7 Questions to Ask When Crafting Your Growth Plan

Jackie Nagel

Strategy, in turn, affects pricing, impacting cash flow and ultimately determining your ability to invest in profitable growth. As we grow, day-to-day operations quickly inundate and overwhelm us. Plus, the number of hours we work leaves little time or energy for thinking clearly and strategically. .

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Ask for the Cash: Convince Your Customers to Pay You in Advance

Growth Institute

In fact, in most years the membership fees Costco collects cover about two-thirds of their operating profit. By collecting the funds in advance to cover most of their operating costs, and by turning their inventory faster than they pay their suppliers, Costco can run the business on gross profit margins much lower than its competitors can.

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Looking For Growth? First, Define Your Market

Chief Executive

That is not necessarily true for all businesses—it’s totally fine to own and run a small, cash flow-positive company. So, to reiterate, a $1-billion-plus total addressable market (TAM) is important because you need a high enough ceiling in a marketplace to operate. Big TAM but Where Are You Servicing It?