Trust – Trust Diagram – Trusted Advisor Diagram – How to build trust with my client? How to build trust? Trust is a function of credibility, reliability and intimacy. What is trust?
To become a trusted advisor for a client involves moving through the key stages of relationship building. The first stage is a commodity stage where your advice is interchangeable with another person. Transactional stage is where the value is added to resolve a certain business problem. The partner stage is a strategic relationship. Trusted advisor stage is the stage when one is assisting with key and often intimate business challenges.
Accounting Ratios – Financial Accounting Ratios – Accounting Ratio Analysis – List of Accounting Ratios including profit margin, gross margin, asset turnover ratio, current ratio, quick ratio and other key accounting ratios.
Financial accounting ratios help analyze company’s performance in any given year and through out the years. Balance sheet shows the financial position of a company at a given point in time. Income statement shows financial performance through a given time period, e.g. a year. Cashflow statement depicts the flow of cash through a given time period. Accounting ratios help connect the statements together and make sense of what is happening with the business.