When managers talk about record profits, they often leave out one crucial detail that would allow shareholders and owners to view their performance in a more honest light: the change in capital at work in the enterprise. This seemingly small detail is actually one of the most important numbers any analyst, executive, owner, or lender …
Storyville Coffee Company
Every year, I read tens of thousands of pages of financial reports, SEC filings, business proposals, expansion requests, and everything else you can imagine relating to our businesses and my job as the chief capital allocator (which is, after all, the primary job of the CEO). It takes a lot to raise my eyebrows and …