Corelytics Posts

Introducing: The Professor; Your Business Coach

I would like introduce myself to you. I am a new member of the CoreConnex team: The Professor. I am available to all Corelytics™ Financial Dashboard users to answer questions about managing finances, setting goals, evaluating ratios, understanding benchmarks, using the dashboard and other related topics. Just email your questions to me at theprofessor@coreconnex.com.

My goal is to help you…

3 Ratios Every Business Needs to Monitor

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…

Clearing Things Up – Dashboard Maturity Model

Dashboards are relatively new to the small business community (under 50 employees), yet the SBA (Small Business Administration) reports small businesses make up at least 50% of the nonfarm GDP (Gross Domestic Product) in the United States. The potential for dashboards to help this important sector is just as signficant (maybe more so) as with large enterprises.  

The challenge is in being able…

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…

CoreConnex turns 5

CoreConnex turns 5 years old today – look Ma, no hands!

Everyone says the 5-year mark is a milestone, but it feels like we’re just getting started.

We have navigated some rough waters over the last 5 years. Most significantly, we went from offering a PSA software solution (ConnexIT) in a direct sales model to a channel sales model offering…

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…

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…

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

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…

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