Managing Cash Flow: Techniques and Tools

Tracking and understanding cash flow is vital for any business. You need to know how the amount of money you bring into your business compares to the amount going out. If you are spending more than you are earning, you need to make changes to avoid going out of business. “Put simply, cash flow is […]

Read More

Balancing Fun and Productivity

Decreased productivity over the holiday season is a problem for all companies, but it carries special weight for startups. By necessity, most team members wear multiple hats. With so much to do, a slip in productivity can quickly turn into a landslide of unfinished projects that are left by the wayside. An overly stressful workplace […]

Read More

Internal and External Environmental Factors That Affect Business

A business concept that looks perfect on paper may prove imperfect in the real world. Sometimes failure is due to the internal environment, the company’s finances, personnel or equipment. Sometimes it is the environment surrounding the company. Knowing how internal and external environmental factors affect your company can help your business thrive. External: The Economy: […]

Read More

Environmental Influence on Business II

You may do business across the entire country, or just in the town where you live and grew up. In either case, your business is shaped in many ways by the local environment everywhere you operate. Each environment represents its own set of challenges and opportunities. Your Climate Your climate can have an impact on […]

Read More

Environmental Influence on Business I

Many business operations depend on the environment, as it can be the primary source of raw materials and can affect business processes. Companies around the world are integrating environmental interest with business and are becoming proactive in finding ways to reduce environmental impact. Additionally, consumers are favoring businesses that contribute to protecting natural resources. How […]

Read More

Principles of Corporate Governance

Corporate governance is the system of rules, practices and processes by which a firm is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government as well as the community at large. A company whose governing system is very strong and transparent stands a chance of maintaining […]

Read More

Practices of Exemplary Leadership

Leadership is a relationship between those who aspire to lead and those who choose to follow. Sometimes the relationship is one-to-one. Sometimes it is one-to-many. Regardless of the number, to emerge, grow, and thrive in these disquieting times, leaders must master the dynamics of this relationship. They must learn how to mobilize others to want […]

Read More