Whatever business your company might technically be in, it’s important that you never forget that you’re really in the cash flow management business. All the great things your company can do for your clients, your employees, and you, won’t matter if you run out of funding and […]
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If you’ve spent any time at all on a golf course, you’re probably aware that as distance increases, accuracy tends to decrease. Sometimes dramatically. A shot that feels good coming off the tee can hook or slice as it moves farther away, leaving it way to the […]
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Modern attention spans being as short as they are, the art of storytelling probably isn’t as quite as good as it once was. But that can actually work to your company’s advantage. With tons of mediocre descriptions out there, it might not take much to set your […]
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Cash Flow. It should be a four-letter word. (Actually, it’s two four-letter words, but who’s counting?) Cash flow can be a headache for almost every small business owner. Making sure that more money comes in to your company than goes out is always job #1…but it’s seldom […]
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“Do you want to sell sugar water for the rest of your life or come with me and change the world?” – Steve Jobs to PepsiCo CEO John Sculley Are you a leader or a manager? Is it possible to be both? In the age of Jobs, […]
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It always comes back to Detroit. Most of the general public – and many business professionals – had never even heard the term “lease” until Motown heavily promoted leasing as a way to bump up new car transactions in the wake of the recession that crippled the […]
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Not every business is feeling it yet – hopefully, yours is – but by most measures the Great Recession, which started in mid-2008, appears to finally have run its course. Certainly the recovery, with annual growth in the economy sputtering along at around two percent, has been […]
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Hollywood seldom does any favors for corporate America. Captains of industry are generally portrayed as evil (Casino, 1997), greedy (Wall Street, 1988), or both (There Will Be Blood, 2007). Perhaps the Steve Jobs biopic, Jobs, opening this month, will send a better message and present a more […]
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Ignorance is bliss. Oh, really? For whom? How is being ignorant better than knowing? A business associate used to say, “you may not like where you are, but you better always at least know where you are.” That may not roll off your tongue like, “ignorance is […]
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It depends on whom you ask and how certain terms are defined, but some experts believe that more than 90 percent of small business failures can be attributed to cash flow management problems. The amount of cash coming into your business must be more than the amount […]
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