The Cost of Bad Decisions

Opportunity costs are the cost (financial, time, resource, other) of forgone opportunities.  They are the things you can’t do, or what you’ve given up, when deciding between two or more options. Understanding the opportunity costs of decisions are particularly important when resources are scarce it ensures that scarce resources are used efficiently and in the […]

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 […]