This title comes from Thomas Corbett’s book “Throughput Accounting.” Corbett quoted this from the godfather of Theory of Constraints (TOC), Dr. Eliyahu M. Goldratt. This is a bold statement but is true. Cost accountants and business managers are not stupid, so how can this be? This blog explores these questions and proposes a solution. Read More
Not everyone is cut out to be an entrepreneur and for those that are not, trying to be an entrepreneur can be the worst experience of your life and almost always ends in failure. So how do you know if you are cut out for this? Are you prepared to make the necessary sacrifices? Do you have the knowledge to get across the finish line? Read More
They yell, "I don't agree!" when you least expect it. They demand, "I need it . . . now" no matter what you're doing. And if they think you're not paying them enough attention, they throw a bloodcurdling fit. Exasperated and exhausted, you want to yell, "You're getting a time out--that's it!" Except you can't, because it's your client, not your 2-year-old. Read More
The internet business model is one of the most coveted business models in the business world. Not only it offers vital thrilling business, it will also give you an opportunity to start your own business at the comfort of your own home. All you need to have is an internet connection and a computer unit, and you are on the way to following the internet business model. Read More
Try to recall how it was, when you had to do homework. When did you start to do this? One night before? Two nights? Probably not earlier. Read More
Who do you go to bounce ideas off in regards to your Vision, Goals, and Strategies for your business? Is it a Mentor, Business Coach, or Mastermind Group? Read More
Most of us plan all the time. Not just the whole big plan for our business, called “the business plan,” as in capital letters, scary, THE BUSINESS PLAN; but also, all the time, the pieces of business that make it work. We plan the product launch, the trade show, the marketing programs, sales events, new product development, channel management, and so forth. Planning your marketing, your product o Read More
Many entrepreneurs think working from a home office will be a dream come true-- until they give it a try. The reality of working from home, however exciting the prospect, can be a shock to the system. A disciplined and focused person can save valuable time and money using a home office. But for others, working from home can be a big time-waster. Read More
Tips for any small to medium sized business include getting focused. In an interview with Ben Goldhirsh, founder of Good, a company creating content for those interested in helping out globally explains how focusing on a mission and following it through to profitability is the key to success in this interview from "Small Business Rules". Read More
Generally speaking, this is big businesses' loss and small business' gain. What really makes this work for small firms, though, is having in place employee leadership development practices that result in each and every person knowing all there is to know about pretty much every product in the store (or service, if that's what you offer). Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!