Why Are You Lending Your Client Money? Businesses that fail to monitor their key performance indicator (KPI) of Days Sales Outstanding (DSO) can face catastrophic […]
Category Archives: Economics
08
Jan
Jan
The newest stimulus package was signed December 27th and includes the next round of Paycheck Protection Program (PPP 2.0). Similar to the PPP 1.0, this […]
CARES 2020 Economic Stimulus Package, Cash Flow, Cash Management, Economics
Swallow the Bitter Pill – Ask for Help
03
Apr
Apr
Swallow the Bitter Pill – Ask for Help You know the news and have seen the headlines. Not since 9/11 have I seen our nation […]
CARES 2020 Economic Stimulus Package, Cash Flow, Economics, Practice Management
The Government Will Pay You to Keep Your Employees Employed
26
Mar
Mar
The Government Will Pay You to Keep Your Employees Employed As expected, the Senate passed an economic stimulus bill Wednesday evening which includes a provision […]
16
Jul
Jul
You are probably already making $1,000 per hour and just don’t realize it. This astounding claim is the most interesting point of Perry Marshall’s book […]
28
Mar
Mar
The financial media are in a tizzy. The latest predictors are showing the US economy may be headed for a recession. After ten long years of economic expansion it looks like the party is coming to an end. As a business owner, this impacts you in a very real way. As a leader whose job it is to care for those who work for you, the thought of a reduction in work and the potential of layoffs is miserable. Considering you know the names of the family members rely […]
11
Sep
Sep
If you could dedicate yourself to one cause what would it be? Where would you go and who would you serve if you had the opportunity? When we were in our early twenties my wife and I talked about this often. Through a series of events over multiple years, we moved in September 2006 to Peru South America to spend the next four years there with a Christian development organization. We lived in the Amazon city of Pucallpa, Peru for most of that time. Throug […]
22
Nov
Nov
Only one? What could be so important that every single business needs to do this one…thing?Let’s narrow this down a bit.This includes not only all for-profit enterprises but also all non-profits too (but not governments, they’re exempt). Sole-proprietors, Fortune 500 companies, mom and pop businesses and everyone in between.Well meaning, great non-profits that provide wonderful services to people all over the world as well as the ones in your community. Religio […]
10
Oct
Oct
Is this the most wonderful time of the year? October is here bringing with it cool weather, changing leaves and the baseball playoffs. To make it even better, the Cubs are in the postseason again! If their streak continues, I’ll have another sleep deprived month cheering them on to a repeat World Series. All this baseball has me thinking about great baseball movies. There is no shortage of quality movies about this American pastime but certainly one of my fa […]