On one level, every company’s inventory is a carefully curated collection of inanimate objects ready for sale. But, on another, it can be a confounding, slippery and unpredictable creature that can shrink too small or grow too big — despite…
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Time flies when you’re busy running a business. But it’s important to occasionally pause and assess interim performance — otherwise you’re likely to be surprised by the year-end results. When reviewing mid-year financial reports, however, recognize their potential shortcomings. These…
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Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into law this year. However, the last major tax legislation that was signed…
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Picking someone to lead your company after you step down is probably among the hardest aspects of retiring (or otherwise moving on). Sure, there are some business owners who have a ready-made successor waiting in the wings at a moment’s…
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What does accountability mean to you? If you are like most of us, it is the spine crawling sound of scratching your fingers on a chalkboard. (For those who remember, now they use some kind of techno method, I’m sure.)…
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Even though the dog days of summer are here, we always need to be growing our businesses. Now is a great time to be thinking about strategic ways to grow, because most of our competition is whining about, sweating from…
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