by Gary Applegate | Jul 19, 2023 | Finance
It was a crisp January morning in Raleigh and the sharp aroma in the warm coffee shop was a combination of pastries, dark roast, and confidence. After the obligatory small talk, Bill jumped right in with, “You guys were the most organized, prepared, and responsive...
by Gary Applegate | Nov 14, 2022 | Finance
This time of year, we hear these terms used quite often. But do we really understand what they mean? The terms are not interchangeable – they each have a specific purpose and function. So, which should you be using for your business? A Budget is a tool used...
by Gary Applegate | Jun 9, 2022 | Finance
As we have seen recently, businesses ebb and flow due to a variety of factors. Some of which are in our control; many of which are not. Labor shortages, dramatic wage increases, material shortages, supply chain disruption, and material cost increases are a few...
by Gary Applegate | May 21, 2021 | Finance, Insights
As the economy continues to recover from the pandemic, we are seeing many of our clients starting to evaluate significant investments in growth or pivot opportunities. As always, we strongly encourage and help them perform return on investment (ROI) calculations on...
by Gary Applegate | May 5, 2021 | Anatomy of a Growth Hurdle, Finance, Special Series
Often, businesses are started to fill a perceived need in the market or improving on an existing solution. “Find a need and fill it.” The model, while likely sound for the initial market opportunity, must evolve as the market changes or must grow to continue to...
by Gary Applegate | Mar 29, 2021 | Anatomy of a Growth Hurdle, Finance, Special Series
Does the reported gross margin of your business raise more questions than answers? It is not uncommon for the revenue and cost of sales aspects of the income statement to be oversimplified – often to the detriment of the usefulness of the resulting information. It is...
