Monthly Archives: August 2010

Consultants are only as good as the advice you take.

                At one time or another, most all businesses use consultants to fill the gaps in knowledge or to provide guidance for management.  Consultants are good in that you can sample their work with short projects, change to other consultants … Continue reading

Posted in Depending upon others, Surrounding yourself with talent | 2 Comments

Good tax planning is both legal and smart.

When do you cross the line between honesty and dishonesty in tax planning?  Is it ethical to allocate income between periods to take advantage of tax breaks?  Can expenses be put off until the next period to increase income, or … Continue reading

Posted in Positioning, Surrounding yourself with talent | Leave a comment

Accountants “plan-alyze”. Bookkeepers count beans.

This is a distinction we need to repeat on occasion, especially for new CEO’s looking to pay a low wage for advanced financial analysis, whether with an independent contractor or an employee.  Accountants are trained, certified and usually quite experienced … Continue reading

Posted in Depending upon others, Surrounding yourself with talent | 2 Comments

The value of legal advice isn’t measured by a law degree.

                Over the years in business and as a member of over forty boards, I have received good advice from corporate attorneys and on occasion bad advice as well.  There is a line that should be drawn in a relationship … Continue reading

Posted in Depending upon others, Surrounding yourself with talent | 4 Comments

Associate with competitors. Share carefully.

        Many of us belong to industry associations and find ourselves at conferences and trade shows with time to spend with competitors.  Some of these are old friends; some even former associates.  It is natural to want to associate with … Continue reading

Posted in Growth!, Surrounding yourself with talent | 3 Comments