Most business owners understand the importance of having a budget. It sets limits, guides spending, and creates a plan for the year. But here is the challenge we see at Alvia Consulting: a budget is static. It looks ahead once and then freezes. Business, on the other hand, is constantly changing. That is where forecasting…
Profit vs Cash Flow: Why the Difference Matters. Financial data is more than numbers on a report. It is the language of business decisions. But not every leader looks at financials in the same way. A CEO, a CFO, and a COO each rely on numbers differently, using financial data to guide their specific responsibilities.…