Posts Tagged ‘financial management’

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

Buying Insurance Is About More Than Cost

When it comes to buying insurance it is easy to get focused on just the cost. That can be a big mistake because buying insurance is about more than cost. Read the rest of this entry »

Share

Repetition Can Blind You to the Obvious

Like it or not, every business has things that need to be done over and over. Despite the necessity, this repetition can blind you to the obvious. Think about it. When something is repeated enough there is a tendency to operate on autopilot, and when we do that it is easy to Read the rest of this entry »

Share

Stop Learning at Your Own Peril

Learning is a never-ending endeavor. Either your deliberately learn or you stop learning at your own peril. In the blog Be Willing to Experiment I discussed the important of accepting that change occurs and being the catalyst for the change we desire. Continuous learning is part of the process of being a catalyst for favorable change. Read the rest of this entry »

Share

Be Willing to Experiment

In my last posting Be Willing to Entertain What Seems Impossible I discussed the importance of learning to turn off negative, defeatist thinking and take on some challenges that at first may seem completely impossible.

Like it or not you and your surroundings are going to change. The question is, “Do you have any control over the change?” Read the rest of this entry »

Share

An Overlooked Security Issue

When it comes to the security of your financial data there is an overlooked security issue I see frequently. No, it’s not weak passwords or failure to change them frequently, nor is it allowing people access to information to which they shouldn’t have access. All these are indeed ones I see frequently, but they are not the one I’m thinking of that exposes the data of so many companies to problems. So what is it? Read the rest of this entry »

Share

Every Business Needs Accounting Done Right

Whether you’re a sole proprietor or a multi-employee small company, every business needs accounting done right. In the article Does a Part-time CFO Makes Sense? I touched on this issue, but let’s look a little deeper. Read the rest of this entry »

Share

Don’t Let Vendors Become Complacent

If you are diligent you will likely find that you can get better deals from your vendors than you are led to believe. Read the rest of this entry »

Share

Actively Manage Expenses to Increase Cash

Increasing cash involves paying attention to numerous things and acting in a timely manner. Let’s briefly look at how expenses impact this. This is the last of a series of posts on this topic, following ones on converting Read the rest of this entry »

Share

Manage Your Liabilities to Increase Cash

While accounts receivable and inventory are two assets that can dramatically impact cash, it is important to consider liabilities as well. Read the rest of this entry »

Share

Enter your email address:

Delivered by FeedBurner