• What the heck is a Sales Funnel?

    | Categories: Business Coaching , Business Tips , Future Financial Planning , KPIs , Sales

    Blog by Fuel Accountants

      Funnel cakes, funnel clouds, sales funnels, there are funnels all around us… You’ve probably been hearing this term used a lot lately, along with a sales pipeline. There are many confusing definitions surrounding this area. A sales funnel and a sales pipeline are really two things describing one thing: So let’s land the plane here and make it simple.  A funnel in real life is a mechanism consisting of a wide open top with an open narrow open bottom. It is a concentrating device that takes in a lot at the wide top, but only allows a small amount to come out at…

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  • A Penny for your thoughts… Are you ready for 2024?

    | Categories: Building Strategy , Business Tips , KPIs

    Blog by Fuel Accountants

      Well, have you been thinking about your goals? Oh wait, are you one of those people that believe in New Year's Resolutions? I used to be one of those myself. But I’ve since learned the difference between a wish and a plan. So what is the difference between a wish and a plan?  You know, I’m not sure I ever had a wish come true when I tossed a coin into a fountain. Are you any different? And then there’s that wishing star. How romantic to think that simply wishing for something makes it happen. It’s like winning the lottery!!  I’m much more…

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  • Are you in Danger of a Business Implosion?

    | Categories: Business Growth , Business Tips , Implosion , KPIs , Revenue

    Blog by Fuel Accountants

      Recently the world was transfixed on a catastrophic event where several people lost their lives due to the implosion of a small submersible vessel called The Titan.  Some people called the people involved heroic explorers, others called them silly for taking such a great risk. Which camp are you in? Either way, what I’d like to talk about is risk, and how to manage it by becoming a world class company and avoiding a catastrophic event. What can you do to insulate your business against risk? The following are the 6 Key Process Indicators (KPI’s) that greatly reduce risk and and help your business…

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