Tag Archive : business lessons

Home / business lessons

Image

All companies have a culture. Since nature abhors a vacuum, it’s better to select and cultivate the culture you want. Sitting back and allowing your company culture to develop naturally, may result in an unintentional, unprofessional environment inevitably derailing your business. As Steven Covey says, “Start with the end in mind.” What is Company Culture?…

Image

Quality control extends well beyond checking for defects of a manufactured product or service prior to delivery. Effective quality control is ubiquitous in an organization. It supports the complete and effective performance of each job while ensuring every interaction with the customer is successful. Expectations made clear for every position as to how each job…

Image

What is holding back the growth of your company?  A surprising answer may be a lack of delegation. Yes, even Superman had limitations. You, along with your team, only have so many hours in the day. If the entrepreneur doesn’t learn to delegate tasks, the growth stops as soon as her plate is full. When…

Image

Nobody wants to admit the business is struggling with cash flow. Moreover, this problem isn’t only a small company problem. Any company can face cash flow problems due to bad planning, unforeseen circumstances or disruptive influences. It’s tough to reduce office stress during a cash flow crisis. Whether you admit the cash flow problems or…

Image

Dear CFO: I was short of cash and I decided I could use my withheld payroll taxes to pay our company vendors. I did eventually deposit the taxes but I received a notice from the IRS. What should I do? Payroll Tax Deposit Problem – Baffled in Buffalo *Disclaimer: This post is not meant to…

Image

Dear CFO: I know I need to understand my costs, but my accountant tells me my manufacturing overhead is out of line, “SG&A” needs to be controlled, and my prices are too low.  I’m not sure I understand what she is talking about. What is SG&A? How do I lower my manufacturing overhead? Trying to…

Image

Much has been written, likening the military strategy to leadership strategy in business. After all, stakes are high, both involve teamwork and strong leadership. We all know, the negotiating table can often feel like a battlefield. At the same time, for most of us, business isn’t a matter of life or death. But when your…

1 2 3