Scott Beers

Organization:

LOTTSA Financial Services

Scott Beers is an accountant and tax preparer based in Minneapolis, Minnesota, and is principal of LOTTSA Financial Services.

Author's Articles

Title	Issue	Date
Understanding Financial Ratios BY Scott Beers, Margaret Lund This month we study a case example of how the ratios presented in Cooperative Grocer can be used to analyze a co-op's financial position and direction.	074 January - February - 1998	May 10, 2011
Cooperative Finance: Discounts Provoke Discussion! BY Scott Beers, Margaret Lund *Editor's note:*	064 May - June - 1996	December 28, 2010
Financial Planning: A Context in Which to Measure Performance BY Scott Beers, Margaret Lund Planning is about thinking of what you would like to have happen and then making an educated guess about what is likely to happen in the marketplace and what you would reasonably	066 September - October - 1996	January 9, 2004
Member Discounts BY Scott Beers, Margaret Lund Did you know that giving member discounts is not one of the cooperative principles?	063 March - April - 1996	January 9, 2004
Using the Spreadsheet Template BY Scott Beers, Margaret Lund Creating a good template for financial planning is an investment on the co-op's part -- a darned good one. Computer spreadsheets make the task of financial	067 November - December - 1996	January 9, 2004
Dealing With Risk BY Scott Beers, Margaret Lund Like the 2,000 pound gorilla at a small party, whether you choose to acknowledge it or not, risk is always present, just standing there at the pretzel bowl waiting for you to tur	068 January - February - 1997	January 9, 2004
Translating Operations into Financial Statements BY Scott Beers, Margaret Lund Good systems show themselves by not showing themselves at all. In a well run store, product, people, and purchases flow in and out in a seemingly effortless ebb and flow.	069 March - April - 1997	January 9, 2004
Economics 101: Sunk Costs and Opportunity Costs BY Scott Beers, Margaret Lund We think every day about what it costs to do different things -- 89 cents to buy a pound of organic bananas, seven dollars to see "Lethal Weapon 4," etc.	079 November - December - 1998	January 9, 2004
Raising the Stakes? BY Scott Beers, Margaret Lund The ability to raise capital -- to collect a little bit from a lot of people and build something greater than anybody's bit could have built alone -- is one of the great strengths o	076 May - June - 1998	January 9, 2004
Finance Committee Finesse BY Scott Beers, Margaret Lund By Scott Beers and Margaret Lund One of the absolutely vital committees of any co-op board is the finance committee.	075 March - April - 1998	January 9, 2004
Crafting Cash Flow Budgets BY Scott Beers, Margaret Lund Profit alone does not guarantee success or even survival.	085 November - December - 1999	January 8, 2004
Retained Earnings or Returned Earnings? BY Scott Beers, Margaret Lund Ask co-op members anywhere, "What's the purpose of this co-op, anyway?" and you'll likely get some variation of the answer, "To serve the members." Ask them how best to do that, how	080 January - February - 1999	January 8, 2004
Building Relationships With Financial Partners BY Scott Beers, Margaret Lund A relative recently gave one of us a book of pithy personal advice with the humble title of "How to do Everything Right" (we won't dwell on the reason for this particular gift).	084 September - October - 1999	January 8, 2004
Co-op Legacy BY Scott Beers, Margaret Lund Legacy is the challenge of having the thrust of your life or your organization's be perpetuated beyond an individual lifetime.	081 March - April - 1999	January 8, 2004
Space Case: Make It Count BY Scott Beers, Margaret Lund Look down -- you may be standing on a gold mine. Then again, your facility may be just a black hole you throw money down once a month.	082 May - June - 1999	January 8, 2004
How Much Can I Borrow? BY Scott Beers, Margaret Lund Every lender probably has experienced some version of the following exchange:	086 January - February - 2000	January 8, 2004