Analyzing Financial Decisions

Businesses are constantly faced with difficult financial decisions:

  • Adding staff
  • Buying buildings
  • Buying equipment
  • Adding locations
  • Setting pricing

Do you know how to do the financial analysis for these decisions to make a good investment?

Even if you do, hundreds of studies show that people are prone to decision-making mistakes. Some examples are:

  • Using a simplistic “rule of thumb”
  • Being swayed by irrelevant numbers
  • Trying to answer a hard question by answering one that’s easier but doesn’t solve the problem

Here are tips and tools to help you make good decisions for your business

Get Access to the Full Finance and Strategy Toolkit

Want all the CFO Perspective resources for one low price? FAST (Finance and Strategy Toolkit) is a membership program that gives you access to a massive collection of resources to increase your success. The right tools save you time, reduce your stress, and improve your effectiveness.

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ACE: Strategic Planning for Small Businesses

ACE is a simple strategic planning program for small businesses that’s included in FAST. You get the framework for high-level strategic planning all the way to action steps to implement the plan.

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