Category Archives: Protecting the business

Do you even know what questions to ask?

Great executives and managers seem to intuitively know what they don’t know.   But it is not at all uncommon to not even know what questions to ask. Who would have thought about COVID 19 and public’s panic responses? One week … Continue reading

Posted in Depending upon others, Hedging against downturns, Protecting the business | 3 Comments

Remember the FAIRNESS doctrine

Reduce the emotion; reduce the threat of lawsuit. You’ve certainly experienced the angry outburst from an associate or employee who has just learned of an event that the person took as “unfair,” no matter how rational the explanation by the … Continue reading

Posted in Depending upon others, Protecting the business, Surrounding yourself with talent | 1 Comment

Does your company have a “dirty cap table?”

How it happens When you seek professional investors, whether organized angels or venture capitalists, one of the early questions you are asked is “How have you financed the business so far?”  Investors love to see entrepreneurs who have used their … Continue reading

Posted in Protecting the business | 1 Comment

CoronaVirus and small business: A discussion about economics

By Harley Kaufman, guest author Note from Dave: Harley is an old friend and avid reader of BERKONOMICS. With a background in management and technology, he gives us something to think about regarding today’s top-of-news subject. Addressing the issue to … Continue reading

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Warning: Contractors must really be independent!

Our challenge is getting more difficult How many of us have “hired” independent contractors over the years, a bit worried over the gray area between employee and contractor as defined by the IRS?  Or separately the State of California?  I’ve … Continue reading

Posted in Depending upon others, General, Protecting the business | 5 Comments

Some thoughts about office politics

Where’s the threat? It is hard to separate this kind of advice from economic lessons in running a business, when office politics can threaten a business in ways that are subtle, but sometimes just as devastating as economic shocks or … Continue reading

Posted in Depending upon others, General, Protecting the business, Surrounding yourself with talent | 5 Comments

Where’s your sense of urgency?

It is human nature to start in a new position with enthusiasm, lofty goals, new ideas, and a heightened awareness of those around us and their ideas for the business. After time in our job positions And it is an … Continue reading

Posted in Finding your ideal niche, Protecting the business | 1 Comment

The dangerous game: Hiring from a competitor

Sometimes it is the first thought you or your managers have when in need of skilled talent, especially for sales or product development.  It is not hard to find and observe the best employees of a good competitor at work, … Continue reading

Posted in Protecting the business, Surrounding yourself with talent | 1 Comment

Can your employees recruit from a customer or supplier?

The recruitment traps It has happened to all of us who have been leaders in business long enough.  One of your employees is approached by an employee of a customer or of a supplier, stating that “It sure would be … Continue reading

Posted in Depending upon others, General, Protecting the business, Surrounding yourself with talent | 2 Comments

Let’s talk about your banking relationship

 The warning is real You’ve heard the old one – that a banker always seems willing to offer a loan when you don’t need it.  For small businesses, there is such truth in that statement that you can trust the … Continue reading

Posted in General, Hedging against downturns, Protecting the business | 1 Comment