Newsletter Blog

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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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 think about so they can manage their business during this inflationary time. First, what’s driving these changes?  Here are some…

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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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Getting the Most from Your Financial Statements
Getting the Most from Your Financial Statements 1000 400 Rock Creek Consulting Group

What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business? This article provides pointers to help you get the most out of your Financial Statements. Traditional financial statements, like the Balance Sheet, Profit & Loss, and Income Statement have been around…

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Business owner
What Is Your Business Worth? (And Why It Matters)
What Is Your Business Worth? (And Why It Matters) 1000 400 Rock Creek Consulting Group

Building a business can be a long, challenging process. One way to assess how you are doing is to VALUE your business… and then try to grow that valuation. This keeps management on track and is interesting to sellers, investors or lenders. In this article, we look at how to go about valuing your business.…

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Managing Cash Flow Through Scenario Planning
Managing Cash Flow Through Scenario Planning 1000 400 Rock Creek Consulting Group

In an uncertain business environment, staying on top of future cash needs is challenging… but essential. Scenario planning is one way to reduce risk and overcome uncertainties.   What is scenario planning? A scenario is what we think might happen in the future based on certain assumptions. For example, we may ASSUME it will rain…

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