Business Acumen IQ
Articles

"What is the difference between asset strength and asset utilization?" A question we're commonly asked during our teaching is what are asset strength and asset utilization? These two are commonly mixed up or misidentified (even by financial professionals!!), so don't feel bad if you don't understand them - YET. Asset Strength: Asset Strength is the financial ability of a company to meet its debts and obligations, to make investments, and to withstand market down-turns or othe

Beneficial things for the CEO to talk about: productivity, attitude, loyalty, competition, the future, profit, intellectual exchange.

Business and financial acumen isn't an easy subject to understand. Luckily, we've found a way to simplify it, and make it easy to grasp!

Who benefits from strong business acumen? The answer is - everyone. Business acumen is essential for all roles - see why!

While a salesperson makes their money off selling and getting commissions, it can be hard to take away from their precious time of prospecting and calling. So how do we ground them in business acumen skills? It’s important to be quick and precise when teaching your teams, so I have three pieces of advice to help you be successful in this process. 1. Make sure it’s relevant. Ensure that what you are teaching, aligns with your sales team's role and tasks. Focus on teaching them

Working Capital, net working capital, or NWC — are all words for the difference between a company’s current assets and current liabilities. Essentially, it’s the cash a company can safely spend. If there is such a thing, right? Assets are things of value that you own, such as cash, property, or equipment. And liabilities are things that you owe, for example, debt or taxes. When you subtract a company’s liabilities from its assets, you get a good indicator of a company’s short