Viewed from the outside of a successful business, it looks easy. In reality [as many have found out], it is not so. As business consultants and as business owners, Management 2000 understands the pain points that growing businesses encounter and need to overcome to be successful. We have written 10... Read More
Looking for the latest franchise and business information? We’ve got you covered! The Management 2000℠ blog is filled with relevant and engaging topics. Take your time – there’s a lot of good reading material here.
What is the difference between the companies that succeed and companies that do just okay? Why do some companies inspire greater engagement and loyalty in their customers, which translates to more success, more “wow factor” for the company? Franchise industry expert Bob Gappa, business consulting guru and founder of the... Read More
Let’s take a look at your own company’s last balance sheet and check it out. Look for two things. First, is that equity figure a positive number? (We hope it is!) If it is a negative number, it is a sign that your company is in trouble or maybe just... Read More
Liabilities and equity make up the right-hand side (or the lower half) of a balance sheet. The liabilities entries show claims on the company’s assets held by people outside the business. The equity entries show what’s left for the company’s owners after all the other claims have been accounted for.... Read More
So let’s go down the asset categories one by one. First on the list come cash and cash equivalents. It is the only item anywhere on the balance sheet you can actually spend right now. Everything else on the assets side is either an item of value other than cash... Read More