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Tue04242018

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Business News: How to understand the financial levers in your business

How can an electric scooter ride-sharing company like Bird possibly make money? If you live in a select number of cities in the U.S., it’s hard not to see electric scooters appearing on sidewalks all over the place. Electric scooter ride-sharing services are also remarkably cheap: $1 to start a ride and another $0.15 per…


Source:techcrunch.com


Posted: 2018-04-10 23:45:57

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Understanding your business’s key levers is the greatest value of developing a business plan, at least if you do it right. After a recent exercise I heard an executive say of my financial projections, “They always go up.”

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Revisiting the Two Levers Philosophy of Cash Flow Management. One of the major lessons I’ve tried to teach is that building your net worth comes down to two levers: Cash in and cash out.

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