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Rock Creek Consulting Group

Business Growth Is Good! But How To Finance It?!
Business Growth Is Good! But How To Finance It?! 1024 536 Rock Creek Consulting Group

In business, there is such a thing as a “good problem”. In this article, we thought we’d focus on the good problems of needing financing. One example is a business that provides a good product or service in high customer demand. The business needs to produce more and invest in marketing, sales, and customer management.…

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7 Ways to Navigate the Changing Employment Landscape
7 Ways to Navigate the Changing Employment Landscape 1024 536 Rock Creek Consulting Group

COVID-19 has significantly impacted employment, though the effect isn’t yet fully understood. Undoubtedly, there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalize’ their workforces to better serve shareholders, customers and employees. One thing won’t change. Most businesses will still need people to complete certain work. And…

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Pricing Strategy to Drive Growth and Profit
Pricing Strategy to Drive Growth and Profit 1024 536 Rock Creek Consulting Group

In some ways, from a financial perspective, managing a business isn’t so difficult. You grow revenue by attracting more customers or selling more to existing customers. You also try to ensure that income greatly exceeds expenses – in which case profits are high! Simple, right? But what’s missing from this analysis? Let’s talk about pricing,…

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Managing Costs in Accounting
Managing Costs – Best Practices in Expense Reporting
Managing Costs – Best Practices in Expense Reporting 1024 536 Rock Creek Consulting Group

It’s good business practice to manage expenses carefully. Even a successful, cash-rich business should be meticulous about how they’re spending money. (Often that is how they become cash-rich and successful in the first place). A business which is short of cash or is forecasting losses needs even closer oversight. Enter the humble Expense Report, one of…

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Managing Your Business in an Inflationary Environment
Managing Your Business in an Inflationary Environment 800 600 Rock Creek Consulting Group

Many businesses are facing increased costs. This isn’t necessarily a new business challenge, but the COVID-19 pandemic and other worldwide factors are driving significant and unpredictable “price spikes”. Let’s look at what business leaders should be thinking about so they can manage their business during this inflationary time. First, what’s driving these changes?  Here are…

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Remote Work: The Impact and What Leaders Can Do
Remote Work: The Impact and What Leaders Can Do 1000 400 Rock Creek Consulting Group

There’s a lot of talk about the impact of ‘remote work.’ Recent studies claim that workers are leaving jobs at much higher rates than normal. Some say that one-quarter of US workers are preparing to look for new employment opportunities. The number may be greater (up to 40%) in the global workplace. This has been…

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6 Ways Leaders Inspire Change (in Challenging Times)
6 Ways Leaders Inspire Change (in Challenging Times) 800 600 Rock Creek Consulting Group

Humans are adaptable. That’s how we’ve survived for a long time! No surprises, then, that people have quickly responded to COVID-imposed changes, like complying with lockdowns, wearing masks, or working from home. However, sustaining these changes for a long time is much more challenging. The problem gets more complex because we don’t know how long we’ll…

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5 Essential Steps to Stronger Cash Flow Management
5 Essential Steps to Stronger Cash Flow Management 800 600 Rock Creek Consulting Group

Watching businesses deal with current business conditions reveals that some businesses are struggling for survival while others are going gangbusters. Companies at both extremes share one priority: carefully manage your cash. Here are recommendations to help you avoid risk and make the most of your cash resources. 1. Finance Processes Matter That may seem obvious, but some organizations still miss billing…

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Lessons in Leadership: How the Tough Get Going
Lessons in Leadership: How the Tough Get Going 800 600 Rock Creek Consulting Group

It’s not easy to lead an organization; it’s downright hard.  Nowadays, it can be incredibly challenging, but many leaders have stepped up admirably and are running thriving enterprises. There’s no known exact formula, but let’s examine what’s driving leaders’ success now and in the coming years. It’s lonely at the top Yes, it can be…

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Brainstorm session
Brainstorming: Harvesting Brilliant Ideas for Your Business
Brainstorming: Harvesting Brilliant Ideas for Your Business 1000 400 Rock Creek Consulting Group

Great businesses and projects start with an initial idea. BRAINSTORMING is the process of developing ideas which can be implemented in successful businesses. Occasionally, brilliant ideas can ‘just happen’.  But more often, they are the product of a rigorous process. As accountants, we’re very encouraged when our clients plan their futures because planning increases the…

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