“Beware of little expenses; a small leak will sink a great ship.” Benjamin Franklin
Risk models are a substitute for historical knowledge, because they tend to work with just three years' worth of data. But three years is not a long time in financial history. - Niall Ferguson
“Never take your eyes off the cash flow because it’s the lifeblood of business.” Sir Richard Branson
"You seldom improve quality by cutting costs, but you can often cut costs by improving quality." Karl Albrecht
"Divide each difficulty into as many parts as feasible and necessary to resolve it." - Rene Descartes
"Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings." Diane Garnick
"Every deficiency is rooted in the violation of some principle of good management." Larry Sawyer
“A budget is telling your money where to go instead of wondering where it went.”
– Dave Ramsey
"If you can’t measure it, you can’t improve it."
“The three main objectives of investors are: (1) Capital conservation, or stability of market value of invested principal; (2) Liberal income at a fixed rate; and (3) Capital growth.”
T. Rowe Price
Only accountants can save the world – through peace, goodwill and reconciliations
“You cannot escape the responsibility of tomorrow by evading it today.” Abraham Lincoln
Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
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