Posts Tagged ‘business management’

Beware the Negative Employee

The warning beware the negative employee is important as at some point nearly every worker has an encounter with one. But just why is the warning so important? Read the rest of this entry »

Share

Be Cautious in Your Assumptions

Assumptions make it more efficient to operate but also can harm results, so it pays to be cautious in your assumptions. Read the rest of this entry »

Share

80/20 Targeting

If you find yourself getting off track in trying to stay focused on a major project, then 80/20 targeting is a technique that likely can help you. Read the rest of this entry »

Share

80/20 Accounting

The 80/20 rule (Pareto Principle) is one of the most useful we will ever encounter. Let’s discuss its use with 80/20 accounting. This is about focusing on the 20% of customers, products, expenses, etc. that account for most of our company’s results. Read the rest of this entry »

Share

Determine What Really Matters

Are you so wrapped up in busywork that it’s hard to determine what really matters? There are of course several things you can do to help minimize the distraction of busywork as well as things like interruptions. Perhaps the most powerful one I have used personally is Read the rest of this entry »

Share

Employees are Not Pawns

Have you ever worked at a company where the everyday employee was treated as if they were expendable? There was likely either an owner who alone or with the cooperation of a favored few simply ran roughshod over everyone else. They perhaps have either forgotten or chosen to ignore the reality that employees are not pawns to be manipulated like they were part of some sort of game. If you’ve ever played the board game of chess you know that pawns are Read the rest of this entry »

Share

Financial Literacy for Business Owners

If you are a business owner you may already be financially literate, but just how strong is that literacy? Even if you are there are likely some things your CFO, Controller, or in-house accountant can do to improve your understanding of your financial situation. On the other hand if you aren’t financially literate then these same people should be helping you to become so. Read the rest of this entry »

Share

Accounting is More Than Theory

Some business owners think accounting is boring and they may be right, but then again maybe not. What does that mean? Read the rest of this entry »

Share

Financial Details Can Mask the Big Picture

Do you sometimes find yourself bogged down in the financial details of your business? If so you may be missing some important insights. By insights I mean seeing and comprehending the true essence of something. When it comes to the financial aspects of your business the financial details can mask the big picture if you get caught up in them. Read the rest of this entry »

Share

The Details Matter in Business

How well do you know the details of your business’s expenses? Just as in your personal life, the details matter in business. Read the rest of this entry »

Share

Enter your email address:

Delivered by FeedBurner