Archive for August, 2009
Monday, August 31st, 2009
Perhaps the most vital of all management factions would be planning. It is the core element that can guarantee the success of any organization. Planning sets the path and guide towards achieving the main objective of any business, which is to make money. Forecasting calls for a business owner to ...
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Sunday, August 30th, 2009
As we've all been reminded lately, business is cyclical. Obviously we're in the downturn. Not quite a depression, but a deep recession. When your company enters a down period, it's a good time to fine-tune your strategy to improve your chances for success. Here are 10 guidelines for doing just ...
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Saturday, August 29th, 2009
As a business owner, you have probably had conversations with other business owners, bankers or investors about your bottom line. Without question, the most common business "bottom line" measurement is net profit (net income). However, net profit is only one of four important bottom lines which indicate the ...
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