Corelytics Posts

Are you playing to win or playing not to lose?

If your business is not evolving, it may mean things are getting too easy for you – watch out, another company is going to sneak past you.

I can’t tell you how energizing it is to work with and around people who are ‘playing to win’ and not ‘playing not to lose’. I used to think that being conservative in an approach…

Excerpts from the diary of a data junkie

We have all been there – you wake up breathing heavily. You don’t know why you are awake, but you have to get to a computer because you think you may have discovered another way to manipulate your (all powerful) spreadsheet or database views to see things in a different light, learn something new or figure out a problem.

Maybe this urge comes to you while scanning…

Who is Driving Your Business?

As described in The E-Myth – Why Most Small Businesses Don’t Work and What to Do About IT by Michael Gerber, all of today’s small business owners are playing three roles.

Entrepreneur - envisions the future, but lacks execution

Manager - organizes everything, but forgets the big picture

Technician – gets work done, but to the detriment of all else

Each personality or person in…

The gap between setting and achieving goals

Everyone is told they need to set goals. Whether they are for personal or business reasons, the important thing (aside from having goals) is to have a way to track performance against those goals – measuring performance is the only true way to know if improvement has been made. To be meaningful, goals need to be specific, measurable, attainable, relevant…

Corelytics financial dashboard shows high value at SMB Nation

CEO of CoreConnex, Frank Coker, does interview with VarVid’s Aaron Booker.

Corelytics allows VARs, MSPs and IT service companies to improve the way they manage their businesses.

Users of Corelytics are able to:

  • Set financial goals and track their progress
  • Compare their performance with IT industry benchmarks against companies like them
  • Forecast potential performance
  • View key expense and business ratios
  • Uncover trends in business performance

Corelytics uses the…

Cashing-in on Your Company (Part 1 of 5)

“One Buyer is No Buyer.” It’s a tried and true saying in the M&A community. It’s also a cautionary tale: the sweetheart deal outlined in the term sheet when the “dating” began erodes, bearing little resemblance to the deal left standing at the end of due diligence. Unilateral negotiations favor buyers because they control the timetable, the terms, and the…

Perspectives on Profits in an IT Service Company

The idea of profits in an IT service company can be very confusing. Most small business owners get the idea that they should avoid profits in order to minimize taxes. But they often miss the part where you need to be a profitable business if you ever want to get a bank loan, attract investment capital, bring on new partners…

Corelytics Testimonial: Arlin Sorenson – Heartland Technologies Group

Sound financial management is absolutely critical for serious technology service companies. We have needed a tool like Corelytics to show IT service companies how their business performance compares to their peers.

Arlin Sorenson – Heartland Technologies Group

Customer value equation

CoreConnex has conducted extensive research into the needs and requirements of senior business managers and small business owners. The purpose of this research is to get a better understanding of how small business make decisions to outsource various aspects of their business.

It is interesting to know that many companies make the decision to outsource technical service when a crises occurs.…

Building equity value

If you are just starting your company, the idea of equity value is probably not on your radar screen. If you have owned you company for 10+ years, it has probably occurred to you that you might want to sell your company so you can do some world travel and work on that golf game. And if you are thinking…

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