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Are You Growing Yourself Broke? Don’t Forget This Important Metric

We figured we’re due to go back to analyzing some good old fashioned financial metrics for fast growing companies. This is a topic that is integral to our services and one our founder, Chris Arndt, is especially fond of. Chris presented a workshop on these three metrics and why many scaling businesses fail because they don’t put enough emphasis on the Payback Period.

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How Detailed Does My Business Budget Need to Be?

I feel pretty safe saying that most, if not all, entrepreneurs know they need a business budget. Where business owners often get hung up is on just how comprehensive that budget needs to be. We, at Red Granite and ORBA, frequently get asked this exact question by clients: “How detailed does my business budget need to be?” And it’s another one of those “it depends,” kind of answers.

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Budgeting and Forecasting for High Growth Companies

From best practices, to forecasting, to budgets gone bad, we recently hosted a roundtable discussion on budgeting and forecasting for high growth companies at The Junto Institute in Chicago, IL. One of the key takeaways from this discussion were the essential questions to ask for each stage in building a budget.

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