Grow your business using better financial intelligence | Corelytics financial dashboard » Frank Coker

Use Corelytics 5 LOBs for Greater Precision

Frank Coker — Mon, 12 Jul 2010 19:57:24 +0000

Building a successful company is all about management. Fuzzy management leads to no traction. Precision management leads to predictable growth, ability to respond to changing market conditions and, in the end, a company that has greater value in the market. This is a fact of life that has very few exceptions.

With that in mind, we have just expanded the…

CoreConnex Welcomes CompTIA as Partner

Frank Coker — Wed, 07 Jul 2010 21:17:53 +0000

CoreConnex is excited to announce CompTIA as our newest channel partner. CompTIA is now offering the Corelytics™ Financial Dashboard, CompTIA Edition, to all its members. Corelytics Lite will be available for FREE for the first 12 months and $49 per year thereafter, and Corelytics Standard is available for $49 per month plus a $180 setup fee. CompTIA members can sign up at…

Metrics for Breakfast

Frank Coker — Tue, 06 Jul 2010 14:49:20 +0000

What are the basic food groups for a healthy body? Did you eat your Wheaties today? What are the basic resources for a healthy business? What does your business eat for breakfast? If your business is not getting a balanced diet of key resources and direction, it simply is not going to be strong and healthy.

So what are the…

CoreConnex welcomes Tigerpaw as latest Partner!

Frank Coker — Thu, 15 Apr 2010 03:36:16 +0000

CoreConnex is very excited to announce Tigerpaw as our newest channel partner in a growing list of PSA software vendors. Our partners are a world class community of innovators who are passionate about improving the financial health and performance of their customers.

Tigerpaw is a leading developer of end-to-end business automation and service management software. Tigerpaw empowers thousands of businesses to…

Predictive Analytics for Small Businesses

Frank Coker — Fri, 09 Apr 2010 23:24:59 +0000

Your past performance can be an excellent predictor of your future. With the right analytical tools, you can get a pretty clear picture of a range of potential futures – some good, some bad. Once you understand the range of possibilities, it becomes much easier to choose the actions that lead to the most positive future.

Predictive analytics…

3 Ratios Every Business Needs to Monitor

Frank Coker — Wed, 31 Mar 2010 00:06:39 +0000

Understanding financial ratios is an important part of managing company performance. Large companies have had a long tradition of using ratios as a way to monitor and manage business performance. Small companies have tended to not use ratios because of the work involved in doing the calculations. That is all changing with tools like the Corelytics Financial Dashboard that not…

Understanding Your Business Trajectory

Frank Coker — Wed, 24 Mar 2010 00:00:03 +0000

“Trajectory” is not a common business term. It’s usually associated with missiles, footballs and career paths. But it can be a very insightful way to visualize your business.

Most business owners know that you need to “take aim” if you want to hit a target. Even so, most business owners don’t aim their business focus with any real precision and…

Virtualizing Your IT Service Business

Frank Coker — Wed, 31 Dec 2008 19:37:32 +0000

In the past 6 months, 71% of IT service companies (MSPs, VARs, and other IT service providers) surveyed by CoreConnex have continued to grow in spite of the global economic down turn. Of these growing companies 80% continue to show healthy profitability. All evidence shows that the economic down-turn is good for IT service businesses.

As we look closer, we…

Client Portfolio Basics: The Client Portfolio Concept (1 of 3)

Frank Coker — Fri, 17 Oct 2008 21:20:42 +0000

Overview
The term “client portfolio” gets used a lot, but the real power of the concept is usually lost. The portfolio concept is actually a very rich way to understand the value and opportunities in your existing list of clients. It takes time and effort to do a full portfolio evaluation but it can make a big difference in how…

Financial Management: The Challenge for IT Service Providers

Frank Coker — Fri, 19 Sep 2008 17:09:52 +0000

Perhaps this is a walk on the “wild” side for those who are more comfortable with technology and less comfortable with finance. For many owners of VAR, MSP, and outsourced IT service companies, it’s the technical challenges that they thrive on. Lock them in a room with their own P&Ls and cash flow statements and the keen edge…