Tag Archive : business tips

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…

Even with good cash flow planning, unexpected events can cause a business to face a cash flow crisis.  This discussion is not in lieu of cash flow planning but addresses cash flow in response to disruptive situations:  higher than expected growth, loss of a significant customer, unexpected economic downturn or acts of God. There are…

You may believe you both WANT and GET the truth from your team members, but do you really? Your day-to-day operations probably don’t have life and death consequences like the plot of A Few Good Men. In the film, the lead character knows the truth and as others are trying to uncover it, he shouts,…

  Dear CFO: I’ve heard of stockholders, but now I am trying to understand the term stakeholder. Who’s considered an internal and external stakeholder? What’s the difference and why I should care about them? A Shareholder in Milwaukee Dear Shareholder in Milwaukee, Stakeholders are often brought up in business lingo, but it’s tough to understand…

“Your accountant costs how much?” Now there’s a phrase I’ve heard repeatedly between business professionals. Here’s another phrase we’re all familiar with: “You get what you pay for.” When it comes to accounting, there’s no substitute for experienced, professional oversight on the financial and operational aspects of your business. Unfortunately, many business owners and CEOs…