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Is Your Company Financially Healthy?

Frank Coker — Tue, 07 Feb 2012 23:19:57 +0000

There are many ways to drive a company into the ground and not even know it. It’s usually not a total surprise when a company crashes, but most owners usually don’t really have a sense of when or how bad the crash will be.

Ironically, most companies that are doing well also don’t know how well they are doing and…

Why small business lending has hit 12-year low

Tony Lael — Sat, 17 Dec 2011 09:57:13 +0000

The web is riddled with stories of small businesses getting denied loans by banks, but why?

In a recent article written by Jason Fenton, Bank loans to small business fall to 12-year low, which outlines several stories of small business owners woes in getting loans from banks. One story of an ex-software executive that provided personal capital to start a…

Only small business owners can right this economic ship

Tony Lael — Tue, 13 Dec 2011 23:38:10 +0000

Steve Jobs didn’t magically architect the production of the iPhone one day by himself. It took him decades to dent the universe. How can a community in which so many people fail each year (about half) save our economy? Keep in mind, innovation happens in the small business community

Small Businesses are the Engine of the Global Economy

Frank Coker — Sun, 27 Nov 2011 18:50:13 +0000

Small businesses generate more than 50% of the GDP and employ about 70% of the workforce (data from Wikipedia). Since the US GDP is about $14.5 trillion and the number 2 global economy is China at $5.9 trillion, you can see that the small business engine in the US is bigger than the GDP of China.

And small business is…

Top 5 Signs You Are a Proactive Business Owner

Tony Lael — Wed, 19 Oct 2011 14:43:29 +0000

Do you remember when you started your company? It was hard to know if you were going to make it as a business or not, but you went out and made sales. Revenue came in and everyone was happy. Then, more sales made you think you needed some basic processes people could follow. Pretty soon you had a real business…

3 Common Mistakes That Can Hurt Your Business

Frank Coker — Tue, 11 Oct 2011 05:35:52 +0000

Building a business is a hard job. It feels like a constant race against time. Once you get behind financially it can be very hard to dig out. In fact it takes much more work to “come back” than it does to “stay ahead.” But most companies don’t really know where the bright line is between falling behind and moving…

When Sales Growth Can Ruin Your Company

Frank Coker — Thu, 08 Sep 2011 05:03:25 +0000

Over the past several months we have been noticing a surprising number of companies growing their top line and shrinking their bottom line. Increasing revenues and decreasing profits should set off major alarm bells. Though there are times when that can be a good thing, like right after you hire a new engineer, it is definitely not a situation that…

The Biggest Driver of Profits is Not What You’d Expect

Frank Coker — Thu, 25 Aug 2011 17:49:55 +0000

It’s not payroll, not the number of clients, not ability to land new sales, not billing rates, not the business model, not overheads and not a lot of other things that might come to mind. The one metric that jumps out as the clear driver is total revenue per employee. Research shows there is very little meaningful difference in these aforementinoed…

Azure Platform for Industrial-Strength SaaS!

Frank Coker — Wed, 17 Aug 2011 00:30:43 +0000

Azure Platform for Industrial-Strength SaaS!

Corelytics is now certified and operational on Microsoft’s Windows Azure cloud. We are taking this cloud thing seriously, and are now doing what we have advised other companies to do.

Microsoft recently interviewed us about our app and our move to Azure.

Why did we make this transition? Actually there are a lot…

We Won the Intuit Apps Showcase Grand Prize! What’s Next for Corelytics?

Frank Coker — Fri, 12 Aug 2011 21:08:17 +0000

Corelytics was thrilled to receive the grand prize in the Intuit Apps Showcase event last night in San Francisco with Team Intuit, ten venture capitalist judges, QuickBooks Pro Advisers and a ballroom full of peers from the Intuit App ecosystem. Corelytics receives $25,000 plus a marketing campaign with Intuit.

Here’s what Intuit says about Corelytics

Read the Intuit Press Release

The…