Cash is the lifeblood of business. Without it a company will die. Many companies, especially those that are growing rapidly, face situations from time to time that result in cash shortages that threaten their very survival. For example, if a company finds itself in a situation where it is not able to meet payroll, there… Read more »
Well. This is a new one. I am not much for poetry. But, I came across this reading a motivational piece about football. It caught my attention as we get into the NFL playoffs. Oh well, the Eagles are again watching on TV. Maybe next year (said that before). It’s the steady, constant driving,… Read more »
Are you a victim of the biggest time bandit ever? Most people don’t even realize that hours every day are being stolen from their already tight schedules. What is this that is literally robbing you of one of your most precious assets? E-MAIL!! A recent study showed that the average business person checks their email… Read more »
Peel Back The Onion – or – Understanding What Can Be A Problem (And Taking Action) Will Increase Your Chance Of Success Being a smart entrepreneur with a great product, service or concept isn’t a guarantee for success. Companies can fail for many reasons. Obvious examples are lack of sales – no cash coming in… Read more »
“Blocking and Tackling” The NFL playoffs are about to start. We are on the Road to the Super Bowl. Over the next few weeks we will be watching great teams play. Great teams have one thing in common. They consistently, every game, execute the fundamentals. In football, blocking and tackling are fundamentals and, if not… Read more »
Working capital management is arguably the most important management activity in emerging and mid-sized companies because of the significant financial impact that it has on the company’s well-being.