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Unless you have zero employees and are very small, chances are you will get the most benefit by keeping track of your books on an accrual basis. Why? Because accrual is about managing and improving performance, profit, and cash. Cash-basis accounting cannot help you do that. Read More

As we launch into the new year, here are the top 11 trends that entrepreneurs need to be aware of, think about, and for which we should all prepare. Read More

Here is a look at the predictions I made for 2010 at the end of 2009 so you can see how I did. Of the ten identified trends, I gave myself 4 As, 4 Bs, 1Cs, and a D, for an overall GPA of 3.1.
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What do entrepreneurs and pioneers have in common? When it comes to adversity, they both have it, but it usually comes from behind. Why? Because there's no one in front of them--they're forging new ground, discovering new opportunities, and charting untamed lands and businesses! Read More

Even as they struggle to carefully allocate their resources to trying to survive and innovate, entrepreneurs often carry dead-weight on their payroll to help those in need. This practice is more common than you may think! Read More

Your employees make a lot more than they think they do. The next time they complain about not taking home enough, you might want to remind them how much you are actually paying to keep them gainfully employed Read More

It happens way to often - your tax CPA tells you that you should have talked to them sooner and you could have saved taxes. Here are 4 tips reduce your taxes through tax planning Read More

It's very interesting to compare what you do first to what this list of entrepreneurs does first every day. Bob Parsons is the most interesting - he goes for an 80-100 mile motorcycle ride to clear his head and make a plan for his day Read More

What does a lunar eclipse have to do with using your numbers to improve cash flow and profits? Everything, according to this article. Learn why performance, when stacked against comparisons against yourself and competitors, is improved through this often over-looked best practice Read More

How does your pricing impact your break-even? What does it really cost to run your business? How have you prepared for the greed that enters into a successful business? These and other topics are covered in this interesting article about a lemonade stand created by the author's children Read More