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Category Archives: Protecting the business
What would happen to the business if you die, leave or are disabled?
Yes, we’re invincible when young When we are young and early in our business lives, we feel infallible to the degree that we do not think of what might happen if we die while in office or decide to leave … Continue reading
An economics lesson for growing companies
Catching up from past insights Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital … Continue reading
Should you cast your net where the big fish swim?
This is one of those “My dad used to say” homilies. You’ve probably heard the accompanying “It takes just as much effort to sell a small deal as a big one,” over the years. It is not that simple in … Continue reading
Posted in Growth!, Positioning, Protecting the business
2 Comments
Let’s talk about whistle-blowers
Assuming that a corporate whistle-blower is not tooting about you individually, such a class of people have been granted protections under the law and serve a function that needs to be acknowledged. Motive of the whistle-blower First, the assumption is … Continue reading
Posted in Protecting the business
1 Comment
Which is more important? Workplace safety or profits?
Its a new world out there Some businesses never sent people to work from home, told they were “essential businesses.” Soon more will reopen as weeks and months go by. That’s a relief for most of us from the combination … Continue reading
Have you experienced your disaster recovery event yet?
Have you ever lost all your data on your smartphone, laptop, company server or desktop PC? If not, it is probably only a matter of time until you do. Those of us who have experienced this heart-stopping event now regularly … Continue reading
Posted in Protecting the business
2 Comments
Have you lost (some) enthusiasm for the job?
So, you’ve been at this for years through thick and thin, great days and days in which you’ve had better times. Much of your job has become routine. But it feels good to see your “baby” grow and others buy … Continue reading
Especially now: Play nice!
To survive this nasty Covid 19 surge facing businesses of all types, leaders must make decisions that hurt but are necessary. Keep the employees for the SBA PPP requirements regarding loan forgiveness, or furlough or let good employees go, so … Continue reading
Three questions to answer about your COVID response
Most of us are affected by this current crisis. Many businesses threatened with closure forever. Small businesses are the most vulnerable, even though most have furloughed employees. Rent and other fixed costs continue, even when revenues have dried up – … Continue reading
Posted in General, Protecting the business
5 Comments
Cash control during these strange times
And these are indeed strange times, especially if you haven’t lived through 2000-2002 and 2007-2008 recessions and difficulty in finding money from banks and investors. The simple economic truth Here is a simple economic truth. Fixed overhead continues to eat … Continue reading
Posted in Growth!, Protecting the business
1 Comment
