Category: Business Best Practices

Business Relationship Management – Demystifying The Banks

Business Relationship Management – Is your banking relationship sound? For many businesses, a good banking relationship can be the difference between modest or strong growth. Your banking relationship is much like any other relationship. You need to nurture it and it’s important to understand your banker’s point of view, business relationship management is critical. Hopefully,… Read more »

New Accounting Standards for Leases issued this past Thursday

On Thursday (February 25, 2016), the FASB issued the long-awaited new standards for leases.  According to a Journal of Accountancy article published yesterday: “FASB’s Accounting Standards Update No. 2016-02 will require lessees to report obligations for operating leases on the balance sheet for the first time.” If you are a business owner today, in most… Read more »

Entrepreneurship, Investing, and the 6th Law of Wealth and Abundance

This chapter of Ron Willingham’s book, “The Ten Laws of Wealth and Abundance” brings out some very important concepts for entrepreneurs and investors.  As the U.S. recovers from the current economic problems (and it will!),  entrepreneurs and investors will have an opportunity to build their busnesses and holdings.  Solid financial and investment fundamentals will help them… Read more »