Entries by Sarah Schlott

Alternatives to Cancellation Fees

Imani Moise‘s new article for The Wall Street Journal explores the evolving dynamics of business policies toward appointment cancellations. The piece, which can be read here, delves into how various industries—from local barbershops like Harbor Barber in Huntington Beach to high-tech platforms like Square and StyleSeat—are increasingly imposing fees on no-shows and late cancellations. This […]

Boosting Business Success with Fractional CFO Services: Why The Schlott Company Should Be Your Go-To Choice

In the ever-evolving business landscape, financial stability is the foundation of success. For entrepreneurs and business owners, navigating the complex realm of finance can be daunting. Enter Fractional CFO Services, a game-changer that empowers businesses to thrive. This article will explore how Fractional CFO services can drive business success and why you should consider partnering […]

Mastering the Art of Setting Financial Goals: A Comprehensive Guide

Setting and achieving financial goals is paramount for sustainable growth and success in the fast-paced corporate world. Companies that effectively manage their finances through strategic goal-setting can navigate uncertainties and capitalize on opportunities.  This thorough manual will explore the craft of setting financial goals and how annual budgeting plays a pivotal role in this process. […]

Creating an Effective Annual Budget: Tips and Tricks for Success

Understanding the current, quickly-evolving business environment and an adequate annual budget is crucial for success. A well-crafted budget helps manage finances and serves as a roadmap for achieving strategic goals. However, creating a successful yearly budget requires careful planning, analysis, and foresight. This article will examine several crucial pointers and techniques. To help you make […]

Costing and Profitability Management: A Comprehensive Guide

In the dynamic and competitive business landscape, effective management of costs and profitability is crucial for sustainable growth and success. Costing and profitability management is pivotal in helping organizations optimize their resources, enhance decision-making, and achieve their financial objectives. This comprehensive guide delves into the core principles, strategies, and best practices of costing and profitability […]