Profit Peak for Entrepreneurs: A Practical, Field-tested Guide to Maximizing Profit and Optimizing Cash Flow Kindle Edition
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"Peter has precisely targeted the core financial needs of small-to-medium-sized businesses. He zeros in on the criticality of analytics and the underpinning data and how to practically use it to drive results. I have seen him successfully use this approach many times." CEO, Data Analytics Company
"The concepts in Profit Peak really worked for us! We were able to double the size of our business in five years. Getting all the right players at every position is a winning formula."CEO, Largest Sales Rep Firm of Toy Manufacturers
"We have worked with the author for over ten years and we endorse his profit-improvement techniques. By understanding our financial statements and improving our financial modeling, we have minimized our financial risks,improved our strategy, and received quick answers to critical business questions. All these factors have been instrumental in driving our earnings." President, Industrial Distribution Company
"I didn't understand what I was missing in our small business until I started asking the question "What do CFO's do?" We had a good CPA and bookkeeper keeping us in line, but when the author began implementing the concepts described in this impactful book as our fractional CFO, I began to really know the financial side of our business. Instead of just keeping score through the rear-view mirror, we are now looking down the road ahead with forecasts, metrics, strategies and processes that have cast new light on how to run our business well, and profits have soared!" President, Lumber Retailer & Architectural Millworks Manufacturer
"Profit Peak is an easy read and quick reference guide for business owners seeking to improve their financial management practices. We have benefited from the author's knowledge and experience over five years." Co-Owner, Catering Company
"The lack of financial literacy is one of the most overlooked issues facing our society today. We have an agency full of financially literate employees with a business owner mindset - yes, even interns. The concepts outlined by Peter Baldwin have been helpful to us and they will help you to become more financially literate, too." Founder & CEO, Digital Marketing Company
"Peter Baldwin helped us build a financial culture that includes education, collaboration and the importance of tasking team members to be fiscally responsible with corporate resources. Because of this education, we participate in timely reviews of our financial performance and are now better able to adopt new technology and processes. Profit Peak will help your company establish and maintain an industry leadership position." Co-Owner / CEO, Distribution Company
"Like it or not, Peter Baldwin will prove to you that the numbers don't lie. By following his disciplined approach to collecting and analyzing critical data and adjusting organizational behavior, owners / managers can steer those numbers in more profitable directions." President, Manufacturing Company
"My six-year-old business was growing rapidly but forecasting cash had become a real problem. We worked with Peter Baldwin to build a predictive financial model that managed our sales growth and additional capital needs as they arose. The concepts outlined in Profit Peak kept us on track!" President, Printing Company
"Peter Baldwin used his unique skill set to develop a deep knowledge and understanding of our business in a fairly short time. We used his dashboard reports for a strong business overview and to identify measurable metrics. With his entrepreneurial view, he quickly knew what was important to the business and coached our team to success." President, Extreme Adventure Theme Park
From the Author
Over the years, it has become clear to me that every failure has a financial staffing commonality--each failing company had a CPA firm (usually outsourced)and a bookkeeper (usually an employee). I wondered: 'Is finance really that powerless? Are financial people just helpless bystanders unable to make a real difference?' I don't believe that, and I hope you don't either. The purpose of Profit Peak for Entrepreneurs is to equip you with some tools and techniques that will positively and dramatically impact your cash flow and profit.
Now here is a secret. Financial people are often territorial. They do not recognize their shortcomings and rarely invite other financial people to bridge the gaps. In many cases, too few financial people with too few competencies overcharge and under-perform for the services they deliver. In this environment, ownership teams can develop false confidence and bravado. When companies experience hardship or even crumble, business owners have more than once blamed their financial team for not protecting them better from the dangers ahead. All of this because the financial staffing at their companies is inadequate. What can be done about this? This book provides a road map to staffing success.
Profit Peak for Entrepreneurs fills a void in the small-to-medium-sized business market. Not that long ago, I presented my financial management ideas to an alumni group at a major university. My audience consisted of non-financial professionals--most of them owners or partners in their firms. They wanted to know how to financially manage their firms without spending excessive time doing so. That presentation became the basis for this book.
My hope is that a careful reading of this book will help you avoid the pitfalls associated with 'not knowing what you don't know' with respect to financial management and encourage you to surround yourself with the best financial people available in the most creative and budget-friendly ways.
- Publication Date : August 16, 2020
- Print Length : 121 pages
- Publisher : Your Ten Percent, LLC (August 16, 2020)
- Language: : English
- ASIN : B08FG97PR4
- File Size : 5458 KB
- Word Wise : Enabled
- Lending : Enabled
- X-Ray : Not Enabled
- Screen Reader : Supported
- Text-to-Speech : Not enabled
- Enhanced Typesetting : Enabled
- Best Sellers Rank: #271,009 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews: