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Business Management
Don’t Go It Alone: The Best Advisor You Can Hire Is Worth Every Penny
The Best Advisor You Can Hire Would Hire Herself, Too The best advisor you can hire will be a clever and a creative problem solver who interacts with you with total integrity, honesty, and ethical conduct. The worst? Someone’s goal of growing richer and richer at your expense- and that’s one of the better scenarios. […]
Ten Reasons Why the Blockchain Won’t Be Stopped (And Shouldn’t)
Blockchain technology is here to stay. Here are 10 reasons why the blockchain won’t be stopped: 1. The Blockchain Won’t Be Stopped: It’s a Technology Wave We’ve seen technology waves before. The PC wave distributed computer power to everyone. The Internet changed the business world, rebuilding retail and publishing with digital bricks. The blockchain is […]
Measuring a Company’s Value: Cash Flow vs. EBITDA for Investment Performance
Editor’s Note: This is an updated version of a similar article published in March of 2015. To view the original, click here. Using Cash Flow vs. EBITDA to Determine Value How do you monitor your investments’ performance? If the company is doing well, does that mean your investment is doing well? When it comes to cash […]
Fighter Jet Fast: Making Business Decisions to Accelerate Growth
Making Business Decisions Air Force-Style In business, there are undoubtedly days when you feel like you’re constantly moving at speeds faster than Mach 5. With all the chaos that can ensue with endless meetings, calls, emails and more, it can be no small challenge to slow things down to a manageable pace when you are […]
Create Success by Using Delegation to Develop Others
Grow Your Business by Using Delegation to Develop Others As a manager, you’re often told of the value of using delegation to develop others. Delegation can help you focus on the tasks where you’re most needed and can help scale your business in accordance with your goals. Still, the question remains: Who do you delegate […]
Why Blockchain for Small Business is the Future of Commerce
Blockchain for Small Business is a Must As a business owner, why should you care about blockchain for small business, cryptocurrency, token offerings and all these new terms and tech that have been buzzing about? For those of you that haven’t heard these terms and aren’t familiar with the space, you should search “Blockchain” or […]
Targeted Sales and Marketing Activities Should Drive Your Company’s Business Growth
Use Specific Sales and Marketing Activities for Specific Purposes Hi and welcome to my first article for Financial Poise! Let’s jump right in. Supposedly, the days of “I know half of my marketing budget is wasted, but I just don’t know which half” are long gone. But many businesses, especially those with less than 500 […]
Can Seeking Help from the Lender Fix Money Troubles?
Recently, bad practices caused a client’s accounts receivable to get extended well past 90 days. In fact, the client had 20% of its receivables dated further back than 120 days. Company staff knew that much of that would prove to be uncollectible, but no one really knew the extent of how bad it was. At […]
Four Questions that Drive Business Growth and Transformation
You Can Drive Business Growth Forward- or Backward Many businesses on the precipice of growth or those preparing to enter a new chapter are searching for ways to drive business growth, but can find themselves struggling to move into that next big phase. This can happen for a number of reasons, whether it’s a lack […]
Sensitive Family Business May Bring Up Fur Balls
Choking on the Words During Sensitive Family Business Every cat owner knows the sounds. The deep retching and heaving. The cough that sounds like your cat just may turn himself inside out to eliminate a fur ball. Next may come a few backward hops, as if to distance himself from the mess he just created. […]