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10 Ways To Help You Plan Your Home Office For Productivity, And Comfort
Some home offices are set up in a dedicated area just for the business, but most people need to have a family room, bedroom, or guest room do double duty.
Getting focused about what you need your home office to do for you will help you buy...
I Want To Get A Mortgage Fast - Online
I Want To Get A Mortgage Fast - Online
So you have a plan... you want a mortgage online fast.
"I never met anyone who planned to fail, I sure met plenty who failed to plan."
- Anon -
OK, you're doing great, if you need that mortgage, ...
Managers: Should Your PR Budget Stress Tactics or Strategy?
If public relations tactics like special events, brochures, broadcast plugs and press releases dominate your answer, you’re missing the best PR has to offer.
Such a budget would tell us that you believe tactics ARE public relations. And that...
SWOT Analysis Is No Magic 8 Ball
Q: A key investor in my business has suggested that I hire a consultant to do a SWOT Analysis to help plan for the future. I try not to argue with my investors, but I'm not so sure I need to have this done. What do you think? -- Laurie B. A:...
SWOT Analysis - Strengths, Weaknesses, Opportunities, and Threats
When conducting strategic planning for any company - online and/or offline - it is useful to complete an analysis that takes into account not only your own business, but your competitor's businesses and the current business environment as well. A...
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5 Warning Signals Your Business Might Have A Cash Flow Problem
A key reason for business failure is poor cash management. If you don’t pay attention to your daily cash flow, you face extinction; yet so many business people loss site of their cash flow. No matter how fantastic your company’s products are, you will not survive unless you generate sufficient cash flow to sustain it. It is not the goods or services that are the end-products of your business, it is cash.
1. You are exhibiting a decrease in liquidity (you are running out of working capital).
2. You are overtrading by selling more than you are capable of
dealing with financially.
3. You have excessive short-term debt.
4. You are missing discounts on your payables or you are paying them beyond the stated terms.
5. You are collecting your receivables slowly and outstanding receivables are piling up.
About the Author
Jeff Schein is a CGA and offers advisory services in the areas of business planning, business modeling, strategic planning, business analysis and financial management for new ventures and growing small businesses. Visit www.companyworkshop.com or mailto:jeff@companyworkshop.com
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