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The book A Random Walk Down Wall Street proposed the Random Walk theory. It says that share / security prices change randomly – and hence cannot be predicted by charts or technical analysis. Price changes are like a person out … Continue reading →

Do you know your numbers? The earnings per customer is a useful business metric. When you start a growth strategy, knowing the earnings per customer gives a good handle on the expected outcomes. Also know these key numbers: Cost to … Continue reading →

It is useful to be able to create and report budgets for each profit center. The advantages include: The income statement (profit and loss) can be reported for each profit center. The report can be generated for a selected group … Continue reading →

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