Critical Thinking: Cornerstone to Making Good Decisions?

Businesses succeed and fail over time based on the effectiveness of their decision making process. There are the over-night wonders that stumble into the right market with the right product at the right time. However, the ability to survive, grow and fend off competition becomes dependent upon making good decisions and not relying on another […]

Value or Non-Value: That is the Question?

There are many dimensions to running a business that influence profitability, growth, culture and organization development to name a few. The primary responsibility is to make sure that the business achieves a reasonable return on investment (ROI) in all of the activities and operations that it engages in. As soon as ROI is mentioned, people […]

Are You Managing Your “Lines” of Business?

A common problem in small to medium size businesses is realizing that the business is really two or more lines of business. This condition is exacerbated by the tendency to view financial reports as a necessary evil in order to meet tax obligations and not as a tool to manage the business. As a result, […]

Is Your Business Undercapitalized?

Capital is the money that kick starts a new company and provides for equipment, offices, and expenses until revenues grow and takeover the funding of the company operations. Capital is not only needed for new companies but also for existing businesses as they elect to invest in new products, replace aging equipment or to ride […]

Eight Ways To Stimulate Your Business

Every business organization – large and small – has the tendency, over time, to lose its edge, become complacent, drifting into a level of mediocrity which reduces the competitive position of the company. Employees feel it first, then supervision, management and leadership levels notice. Along the way the customer notices that the product or service […]