Growing up in a small business environment, watching your parents work harder and harder to make a good life for us as children I believe that my parents probably worked too hard and didn’t give themselves the opportunity to maximize the value of their businesses before retiring.
Succession planning should start earlier, not at age 65 [...]
Marketing and advertising is one item you shouldn’t cut from your expenses budget as according to research, companies which continue to promote themselves in downturns do better than their competitors once the economic downturns have subsided. Here’s a list of 5 ways to promote your organization:
Send out promotions with your customer invoices, either electronically, fax, [...]
Posted Under:
Business leadership,
CFO,
Cash flow,
Key Performance Indicators,
Successful Companies,
Uncategorized,
back to basics,
business,
business consulting,
customer service
This post was written by
Richard Wong on February 17, 2009
Comments (3)
Cash flow is important anytime, but especially in today’s economic environment of tighter credit. We know today that the credit crunch has affected the economy and that banks are now able to pick and choose who they extend credit to, how much credit they extend, what conditions they extend it to, and how they can [...]
Posted Under:
Business leadership,
CFO,
Cash flow,
ERP,
Financial advisor,
Key Performance Indicators,
Software,
Successful Companies,
back to basics,
business,
business consulting,
business loan,
cash flow management,
corporate finance,
customer service,
small business,
venture capital
This post was written by
Richard Wong on February 11, 2009
Comments (1)
Doing Business in Tough times Means Back to Basics according to BC Business Magazine.