Why Spend More Money on your Accounting Department?

Maybe a favorite retail store suddenly comes up for sale (this is exactly what jump-started coauthor Jim's entrepreneurial career), or a friend informs them of a can't-miss opportunity, or a customer of the business they're working for now invites them to do some freelance consulting ' an invitation that turns into …

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In the midst of chaos, there is also opportunity

Therefore, if you squander the money your investors have provided, you can be pretty sure you won t get a round two when you need additional funding. Do what you want to do first, not last, as unimportant things, challenges, commitments, and your busy life tend to get in the …

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A Simple Guide to Marketing

Because positive feedback loops restore equilibrium in their own, often dramatic way, it is sometimes suggested that positive feedback loops occur within a larger, if not directly visible, negative feedback loop. Most small companies hire people with potential and then let them learn on their own by watching others. They …

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Updating your website

Nobody has your interests so much at heart as you have. It s important, however, that a plan update not be a mechanical task, limited to plugging in the most recent sales figures. Once you re well established within your niche and have developed a reputation, you can expand more …

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Be creative

Let not the smallest thing be done in a slipshod way. This can be investments, money, family, time, freedom, peace of mind, contentment, enjoyment, success, or owning a business that works for you. The reality is, of course, that the grass isn't always greener on the other side of the …

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Investors want profit

In addition, your car, equipment, fixtures, and company vehicles are liabilities and not assets because they don't create positive cash-flow, and actually cost money to maintain. Invite them to ball games or hunting trips with you. A mission statement is a sentence or two describing the company s function, market …

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Pursue Growth and Learning

Get out there and patent it, market it, and sell it before someone comes along and steals your thunder. Identify your entire customer target marketing list, including current loyal customers who always use your company, repeat customers who have frequented your company over the last three to five years, new …

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Provide clear expectations

Yet, measuring value is important for orienting managers behaviours, and it affects the solutions implemented in business relationships on which value creation and appropriation depend. Sometimes the government really does want to help. Every month or quarter, provide a half-day training session to cover topics in a more in-depth way …

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