This article has a great list of the reasons you should budget. Even if you or others in your company despise the annual budgeting process, this list is convincing enough that you'll bet great value if you just subject yourself to the process!
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CFOWISE voted on the following stories on BizSugar
‘Tis the Season–Budget 2011, But Make Sure You’re Ready with Plan B
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5099 days ago
It's time to finalize your plan for 2011. But you better have a Plan B and even a Plan C ready if you expect to be ready to take on continued economic uncertainty and unstable demand.
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Do you have an exit strategy? If you don't have a logical, well-thought out answer to this question along with a strategy for implementation, then you better stop to read this article.
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10 Tips for Creating Your 2011 Budget
Posted by CFOWISE under FinanceFrom http://www.openforum.com 5104 days ago
Yep, it's time to put you plan for 2011 in writing. Follow these tips to maximize the benefit you can gain from the process!
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Entrepreneur, Pioneer, or Both
Posted by CFOWISE under ManagementFrom http://www.cfowise.com 5106 days ago
Made Hot by: saraib820 on December 1, 2010 6:03 pm
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!
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Two Basic Business Functions: Innovation and Marketing
Posted by CFOWISE under MarketingFrom http://www.cfowise.com 5118 days ago
Do you think your product is superior, but your competitors seem to get more customers and market share than you? This article quotes the management thought leader, Peter Drucker, and gives some practical advice on how to change those results. But you better be ready to face some reality!
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Interesting topic that seems to come up in most businesses. The employee who everyone hates but no one will fire because they are too good at what they do for the company!
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Ten Lessons Learned in Entrepreneurship
Posted by CFOWISE under ManagementFrom http://www.cfowise.com 5154 days ago
Ken Kaufman spoke at BYU to two large Entrepreneur Lecture Series classes. Here are the ten take-aways he shared.
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Bootstrap for Slow-Growth or Raise Equity to Accelerate
Posted by CFOWISE under Raising CapitalFrom http://www.cfowise.com 5162 days ago
There is a lot of talk and content on the Internet about bootstrapping. This article looks at one scenario and why bootstrapping will actually be better than raising a bunch of money!
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Which is Better for Your Business: Debt or Equity?
Posted by CFOWISE under Raising CapitalFrom http://www.openforum.com 5162 days ago
Is debt or equity better for your business? The answer depends on several criteria, although the stage of the business and the use of the funds are usually the most critical determinants of which will make the most sense. This article gives great advice for companies in all stages.
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