As an entrepreneur, you are inherently a risk-taker. Starting and running a business is not for those who only play it safe. But like almost everything in life, risk is on a continuum. There is lots of distance between carefully weighed risk and recklessness. “Carefully weighed” risks are optimal. Many small business owners consider taking […]
by Anne Moore Odell Every time you send out an invoice, it is like you are granting a loan to your clients. Business is built on trust with products and services moving around the world on the foundation that invoices are going to be paid in a timely manner. However, extending credit can’t happen in […]
In a recent article, I shared ideas on how to positively position your company’s financials, even during a slowing economy. The key is to ensure you have strong cash stores and credit availability. Today, I will explain a management tool that helps you anticipate your near-future cash flow and identify any areas of weakness: Presenting […]
The average adult makes about 35,000 decisions a day. Sounds like a lot, doesn’t it? According to Psychology Today it’s not. And if you think about it, it makes sense: people make many decisions without thinking of them as decisions. (Which pen do I take out of the pen holder? Do I have time to […]
Is the slowing economy adversely affecting Atlanta’s businesses, or is it a great time to be in business? Well that depends mostly on your recent revenues. But even if those are in reverse, a slowing economy can be a great time to take advantage of some opportunities and position your business to come out of […]
I’ve been watching the news and talking with colleagues and clients and wanted to share some strategies with you for preserving cash in the short term that may come in handy in the long term. Here are 12 strategies I recommend: Research refinance options for any high interest loans and ask for some or all […]
By Michael Iverson We are in an unprecedented time – one that is impacting most businesses in the United States and the world. And there’s no telling what the fallout will look like or even how long social distancing and company shutdowns will continue. As a numbers coach for my business clients, many of them […]
The key to happiness (along with the location of the Fountain of Youth) has eluded humans since the beginning of time. Some keys to happiness have now been uncovered as a result of one of the world’s largest longitudinal studies of people’s health and happiness. Launched by Harvard University in 1938, the study followed then-college […]
Everyone has them, but boy can they be painful. No, I’m not talking about your annual physical (a worthwhile use of time!). I’m talking about meetings. According to Harvard Business Review, the average executive spends 23 hours per week in meetings. 23 HOURS A WEEK! That is just nuts. It’s not that meetings are a […]
Communicating with sales targets via email was probably not an option for your parents’ generation of workers. Yet email is a crucial tool for today’s salesperson. But these days, as we know too well, it’s impossible to read all incoming emails. So only “smart” emails will make it through your prospects’ filter. Here are a […]
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