In order to make people accountable and responsible, there must be simple milestones and deadlines for them to track. You can't rely on someone else to care about your finances as much as you do. A company-wide system to give people what they want will help you hit your bottom-line goals. Young children can pick up on the stress and feel the hurt of neglect from parents who forget their role as parents in their quest for success.

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What topics are you most sensitive about? Drops of ink in this way are seeds of gold, and the harvest will be golden. Consequently, a business that is profitable may be short of cash until payment is received. Trust is built during face-to-face relationship-building sessions.

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This forces project team leaders to look for and anticipate problems before they occur. Calculate the exact cost for every piece of equipment you own. Since most people are familiar with the retail business, the learning curve is usually much easier in retailing than in the other three categories (although this benefit is true for your retailing competitors as well). Start a weekly award for the employee or production team player who saves the most money, does something excellent, has the best attitude, makes the best decision, or goes the extra mile for the customer.

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At the top of the list are public offerings of stock, which may cost several hundred thousand dollars in legal and accounting fees to put together and require a great deal of your own time and attention. A brand extension is the introduction of a known brand into a new product category, such as when a clothing designer begins offering a line of shoes. It must also be a resource center to help your customers solve their problems. For each piece of equipment, add the purchase price, interest, maintenance, gas and oil, service, tires, repairs, insurance, storage, rent, and mobilization costs over the life of the item.

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The best you can do is have a plan in which you logically and systematically attempt to show what will happen if a particular scenario occurs. Many men fail because they undertake a business without considering whether there is room for it; others because they do not thoroughly establish themselves in the place, making no effort to get a constituency; and yet others because they do not keep the goods that are in demand, or do not renew the stock sufficiently quick, or do not present their goods in an attractive way. Or you can make people your top priority. The economic theory of profit-sharing is that by inducing greater care and diligence on the part of the employe he will himself create the fund from which he is paid.

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Your systems empower people to make decisions, become accountable and responsible. When there's no motivation to do a good job, more pay is the only thing that people can get to help them tolerate a bad situation. Install an employee development and training program to motivate, recognize, appreciate, and train accountable and responsible employees and teams. A great cook may have incredible accounting skills, but that doesn t matter in the kitchen of the new restaurant.