More often than not, when I meet business owners and they start talking about their financial challenges, it becomes apparent that they do not have or follow a coherent strategy for their business. One way to get started with basic strategic planning is with a SWOT Analysis. Most business people have heard of the SWOT… Read more »
While most every entrepreneur knows that watching and controlling expenses must be done, many don’t know where to start. Here’s a primer on how to analyze your business expenses. Analyze the Income Statement For every line item in the operating expenses, calculate the dollar amounts and percentages of revenue. (Your accounting reporting system should… Read more »
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Some good negotiating fundamentals in an article by Inc Know when to shut up. Think of the long-term. Say no. Look at what’s good for all concerned. Always be ready to walk away. From those suggestions I’ve had most success knowing when to keep still and being prepared to walk. Read the full article I’d… Read more »
I don’t know that these are worth more than an MBA but based upon the three that I have read from this list by Geoffrey James contributing editor at Inc. I thought these best short books a worthwhile share: As a Man Thinketh Rich Dad Poor Dad Who Moved My Cheese? The Elements of Style The One… Read more »