Financial Management

It Has to Be True

How often have you heard someone use the expression it has to be true? Often this statement is an expression of wishful thinking. My latest blogs have dealt largely with thinking appropriately and this continues in that vein. Read the rest of this entry »

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Way Too Many Options

If you want to keep your business sanity make sure you don’t have too many options. Yes, you may like to have options but too many can be paralyzing. Read the rest of this entry »

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Avoid Information Overload

In the business word there seems to be no end to available information. But decisions are easier if you avoid information overload. What does that mean? Read the rest of this entry »

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Not Everyone is an Expert

As long as I’ve been working I’ve met people who presented themselves as experts. Experience has made it quite clear that not everyone is an expert. Read the rest of this entry »

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Identify Exceptions to Increase Profit

If someone told you to identify exceptions to increase profit what would you think they meant? It may not be what you first think. Read the rest of this entry »

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Don’t Let Others Waste Your Time

While don’t let others waste your time may seem obvious, it is amazing how often we do exactly that. Here are some ways that happens. Read the rest of this entry »

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Unexpected Cash Flow Issues

A company may experience unexpected cash flow issues, and even though unexpected it’s not unusual. How can that be? Read the rest of this entry »

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Spend to Cut Costs

Although spend to cut costs may sound counter-intuitive, there is sound logic to it. Let’s dig a little deeper.

First, this is in no way referring to some of the loony ideas you may sometimes hear to Read the rest of this entry »

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Long Tail and 80/20 Rule Analysis

Have you ever considered the concept of the long tail and 80/20 rule analysis? There is a reason they go hand-in-hand, but first some starting comments.

First, if you are not familiar with the long-tail here is the basic concept. Within any Read the rest of this entry »

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80/20 Expense Analysis

The term 80/20 expense analysis is not one you hear every day, but it is a concept that can be highly useful to managing and improving a business. Read the rest of this entry »

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