Business Plans – Should You Use a Hired Gun?

The thought of preparing a business plan tends to fill most business owners with dread; it can be a difficult, stressful, and time consuming process.  It is a document that can make or break your future, it deserves the investment of your blood, sweet and tears. This is not to say that you have to […]

Eight Ways To Measure The Financial Health Of Your Small Business

Time and again accountants and consultants say that small businesses don’t pay enough attention to cash flow; the measure of how much money you really have in the business. So, how is this a problem and what can you, a business owner or senior manager, do about it? Judith Dacey, CPA, calls cash-flow statements “probably […]

Unconventional Marketing – 4 Tips To Help You Stay Ahead Of Your Competition

Economists say there’s an alternative to everything. Everyone you compete against represents an alternative to your product or your service and everyone wants the same thing, the buyer’s dollar. There ain’t no such thing as a free lunch so get used to it; competition is here to stay. You’re always going to have to be […]

3 Ways To Ruin A Meeting

Every year billions of dollars are wasted in non-productive meetings. Everything from the wrong people being invited, attendees not attending, people are interrupting the meeting by coming in late with their own agendas and the list could go on and on. Eliminating three basic causes will go a long way in reducing the number of […]

3 Tried and True Ways To Survive The Recession

Winners are ALWAYS looking for ways to grow their business.  Winners realize that even during a financial crunch you move forward or loose ground. They know an economic downturn offers advantages that aren’t available during better economic times and they make the most out of it. A good friend once told me that an entrepreneur […]

Why Too Many Merger and Acquisition Efforts Fail

Those who advocate mergers will argue that they’ll cut costs or boost revenues beyond that needed to justify a price premium. It makes since doesn’t it: reduce redundant systems, take advantage of economies of scale, put a larger sales force on the streets and eliminate redundant or over-abundant job functions. The resulting whole has to […]

Need a Competitive Advantage Fast? Try Speed

There has been a tremendous growth in the number of companies adopting business improvement programs such as process reengineering, 6 Sigma, lean manufacturing, the Baldrige Criteria for   Performance Excellence and, CMM/CMI as well as other total quality management programs. This would lead one to believe that there maybe a broad understanding that there needs to […]

Are Management Consultants Worth Your Time And Money?

Are Management Consultants Worth Your Time And Money? To avoid group think or to obtain objective input to the decision process retaining a management consultant may be one of the best choices you can make. A well qualified consultant can lead you to solutions that are unaffected by internal biases and influence.  Using experience that […]

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The New Competitive Landscape and 3 Keys for Survival

Nobody likes to be out gunned but in an economic downturn business that was once too small for the big guys will become “A” level targets. You competitive landscape will change.  If you’ve ever felt like David sent out to face Goliath you know what I’m talking about.  Big business now wants your business. I’ve […]