Why are we in business? A very common response to this question is to drive revenue and generate a profit. Admittedly, this is one of the primary goals of our business (and many others) but to drive long-term success we must always fulfill the needs of our clients. Our philosophy at McMann & Ransford is, “you … Continue reading “When Working with Clients, You Reap What You Sow”

In the dynamic world of Professional Services (PS), businesses are always seeking effective strategies to optimize performance and profitability. One crucial yet often overlooked aspect is the concept of ‘Utilization’. Let’s demystify this term and delve into its importance. Understanding Utilization and Its Significance Utilization is the measure of total talent capacity available to the … Continue reading “Unlocking the Power of Utilization for Professional Services Businesses”

Financial management is key in every for-profit business regardless of size, structure, or industry. However, communicating aspects of the organization’s financials and instilling the attitude that Financial Management is everybody’s responsibility can pose unique challenges for Professional Services businesses. In this blog, we are going to walk through what those challenges are and how to … Continue reading “Financial Management Communication for Professional Services Firms”