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Sales growth, cash, or both?

 

sales-debtRemember what exercised your mind when you started your business? Most likely a combination of ‘how quickly can I deliver sales growth?’ and ‘do I have, or can I get, the cash I need to get started?’

But you were successful.…

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Posted in Cash, Other

Business Owner’s Dilemma: Am I a Leader or a Manager?

Bicycle At Two Paths

You’re right, you are both.  The key is balancing the two.  Too much managing and your business may suffer from lack of vision and inspiration; too much leading and the business may suffer from lack of organization and planning.  The Wall Street Journal’s management guide, “What is the Difference Between Management and Leadership?” cites several differences from Warren Bennis’s book, “On Becoming a Leader” and notes that “Leadership and management must go hand in hand.”  Are you too heavily weighted in one or the other?…

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Posted in Business Best Practices, Cash, CFO Services, Exit Strategies

Slow bank loan… Are you to blame?

I don’t know how many times I have heard small business owners complain about the time it takes to obtain a bank loan, or even the time it takes to be refused a loan, but its a lot.  In a recent Wall Street Journal article, Ami Kassar makes some interesting observations and answers the question: Are you to blame for your slow bank loan?…

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Posted in Business Best Practices, Cash
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