business

Managing High Levels of Business Debt
Managing High Levels of Business Debt 1024 536 Rock Creek Consulting Group

An important responsibility of leaders is figuring out how to fund business operations and growth plans.  In the best case, a business will generate enough cash for operations, growth and shareholder dividends. However in many cases, leaders need to borrow money for growth and, in tough times, even the operations of their businesses. Debt has…

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Using KPIs to Drive Management Decisions
Using KPIs to Drive Management Decisions 1024 536 Rock Creek Consulting Group

Key Performance Indicators (KPI‘s) are important management tools and we encourage business leaders to use KPI’s in their businesses. What is a KPI? A KPI is a quantifiable measurement or metric which helps track the progress towards business goals. Leaders use KPI’s to make better, data-driven decisions. They also guide behavior, productivity and decision-making, while…

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Automating your Business: 11 Focus Areas
Automating your Business: 11 Focus Areas 1024 536 Rock Creek Consulting Group

  As Accountants we like to see highly efficient businesses… because that leads to more profit, a higher valuation, and – usually – happier owners, managers, and employees! Automation is one way to increase efficiency. The benefits of automation include: Eliminating or reducing hours spent on repetitive tasks to improve productivity Making processes cheaper, faster, and…

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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 that 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 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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Overview Brochure
Overview Brochure 791 1024 Rock Creek Consulting Group

Rock Creek Consulting Group is a full-service accounting firm dedicated to giving you the freedom to focus on your business and peace of mind in your individual financial matters. View and download our overview brochure to learn more. Click here to view and download the brochure.

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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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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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