The “3 to 6 test” is simple. Set aside 3-to-6 months' fixed costs as a cash cushion for your business. The “3 to 6 test” is a rule of thumb. If you have that amount set aside, it can liberate you as the business owner. It can be the catalyst for growth.
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ZaneSafrit voted on the following stories on BizSugar
How Strong is Your Business? Can You Pass the 3 to 6 Test?
Posted by maplesummit under FinanceFrom http://www.openforum.com 5527 days ago
HOW TO: Gather Feedback With Social Media
Posted by maplesummit under Social MediaFrom http://mashable.com 5527 days ago
One of the best uses of social media for business is being able to monitor your brand. But what if you want to proactively get feedback about your business, new product ideas, marketing campaigns, or other issues relating to your company?
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Five Ways to Energize Your Team
Posted by ZaneSafrit under Human ResourcesFrom http://michaelhyatt.com 5531 days ago
Michael Hyatt shares a story of what not to do to energize your people and why. Then he lists 5 ways to do it right, and why. Link from Michele Miller http://www.wonderbranding.com/2009/08/wonderbytes-10/#comment-1984
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The 6 Biggest Mistakes Tracking Social Media's Impact - Zane Safrit
Posted by ZaneSafrit under Social MediaFrom http://zanesafrit.typepad.com 5532 days ago
Here's a list of just 6 mistakes to avoid while trying track social media's impact on your business. The perspective is not that of social media agency. It's the perspective of a small business CEO who wants the power of social media to accelerate the spread of their brand message.
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Tips for Small Businesses to Survive Recession
Posted by ShawnHessinger under StrategyFrom http://www.sfgate.com 5532 days ago
What are some recession tips for small business? Though experts insist the recession is either ending or over, small business people are understandably wary. If you've lasted this long, how can you keep your small business from being a further casualty of the hard economic times or better yet survive for the economic recovery to come? To get some
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How to Develop a Social Media Strategy for Recruitment
Posted by 33interactions under Social MediaFrom http://33interactions.com.au 5532 days ago
With companies like Ernst & Young leading the charge on with over 30,000 fans on Facebook, more and more HR managers and recruiters are seeing the potential for social media to help them engage and connect with the right people, at a low cost. What many do not realise is that social media platforms can be used to help further reduce recruitment co
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Five Sure Fire Ways to Measure Innovation
Posted by ZaneSafrit under StrategyFrom http://delphiinstitute.com 5538 days ago
Made Hot by: edragonu on September 18, 2009 8:43 pm
Sustainable, consistent, innovation is increasingly the competitive edge for businesses of all sizes. Here's 5 metrics any business, of any size, can measure to judge the success of their innovation.
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9 Steps to a CEO Customer Conversation Campaign
Posted by ZaneSafrit under StrategyFrom http://zanesafrit.typepad.com 5538 days ago
Made Hot by: aliciatrinidad on September 23, 2009 1:19 pm
Here's a simple plan to help encourage you, as CEO, or your CEO to consistently contact your customers. A simple script's included and a list of some of the tangible metrics that improve as a result.
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3 Ways to Build Your Tribe
Posted by ZaneSafrit under Customer ServiceFrom http://zanesafrit.typepad.com 5540 days ago
Made Hot by: ryantaft on September 16, 2009 4:46 pm
3 simple ways to build a tribe of loyal customers. Ed Welch from Tribe Building (www.tribebuilding.com)shared them during our conversation.
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Top 5 Fundamental Traits of Organizational Effectiveness
Posted by ZaneSafrit under StrategyFrom http://sixdisciplines.blogspot.com 5540 days ago
There's only 5. Each trait is described clearly, concisely. How many are seen in your company? The results are from a survey of 26,000 people in 31 companies.
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