finance

Pro Formas and the New Competitive Challenges

By Don Moffitt|2023-05-05T20:06:05-04:00October 26th, 2017|

In the grocery world, we live in challenging times. Costco and Wal-Mart carry organic products. Supermarket chains tout local produce and have a house brand of organics. Home delivery has everyone buzzing; even Amazon is getting into the action. Pro forma financial statements are forward-looking projections of how your co-op will perform given a specific set of assumptions. They are useful in many ways, especially for new stores and expansions where your co-op is headed into uncharted waters.

Key Financial Indicators

By Michael Healy|2023-05-05T20:06:43-04:00February 22nd, 2017|

The CBLD template Financial Conditions policy and sample report suggest that boards and managers regularly monitor a number of key indicators of financial health. Here are definitions and/or formulas for many of those indicators as they are typically used by food co-ops. Using common definitions makes it easier to compare your co-op’s performance to others. Many of these metrics are expressed as a % [...]

Sources & Uses Template

By Bill Gessner|2023-05-05T20:29:08-04:00March 9th, 2016|

Cash Is King: Reviewing Cash-Flow Statements

By Martha Whitman|2023-05-05T20:06:58-04:00May 7th, 2015|

GM Report Support: Financial Conditions Monitoring

By Michael Healy|2023-05-05T20:07:36-04:00January 4th, 2015|

Cooperative managers are charged with creating reports that demonstrate financial accountability to the board. Yet some managers struggle with having the right amount of information for their boards. When it comes to financial reporting what is the right amount? In the Columinate Library in the GM Report Support section, managers can find templates for financial conditions monitoring reports that gives boards the valuable information they [...]

Context Matters: Using Trends to Monitor the Financial Health of your Co-op

By Michael Healy|2023-05-05T20:07:57-04:00July 15th, 2014|

By Michael Healy When it comes to numbers and data, context matters. The context in which we place particular numbers helps us make meaning of those numbers, and this is particularly important when we are talking about financial data. Over many generations, managers and accountants have developed financial reporting tools that help them do their jobs. Balance sheets, income/expense (aka profit/loss) statements, and [...]

Minimizing the Risk of Fraud

By Thane Joyal|2023-05-05T20:07:58-04:00July 7th, 2014|

By Thane Joyal, Mark Goehring 173 July - August 2014 Loss prevention is a key piece of the retail grocery business. Co-op managers are aware of this at their level and manage against it every day, but everyone in the cooperative needs to pay attention to the possibility. Board members: don’t be complacent. There are myriad ways to steal from a grocery store: at the [...]

Great Idea: Using Trend Data in Financial Reporting

By Michael Healy|2023-05-05T20:08:00-04:00July 2nd, 2014|

Along with the template Financial Conditions policy, in the CBLD Library you can find an easy to use monitoring report template that reflects the trends approach outlined in this article. When it comes to numbers and data, context matters. This is particularly important when we are talking about financial data; the context in which we place particular numbers helps us make meaning of [...]

Open Book Management

By Jeanie Wells|2023-05-05T20:07:16-04:00September 3rd, 2013|

Intro to Food Co-op Finance

By Mel Braverman|2023-05-05T20:07:43-04:00April 24th, 2013|

Mel Braverman

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