Monthly Archives: October 2012

Why Don’t I Have Any Cash?

“My business is profitable, but I never seem to have any cash.”  Does this seem to happen in your business?  Typical financial statements are usually kept on the accrual basis, so when you ship your product you record revenue, when you incur an expense, you recorded it; and when your suppliers ship your products under the common terms “FOB shipping point”, you record the asset and liability.…

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It's Time for Year-End Planning

and Not Just Tax Planning…

Every Fall CPA’s receive calls to talk about year-end tax planning. Should we try to move income items to next year? Can we make some expenditure this year to reduce our taxable income? Have we funded our retirement accounts? Many questions should be considered to help better plan for the inevitable end of the year.



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Note to self…and other folks involved in selling

How many times do I have to learn the hard way not to discuss price before establishing value?  You think I’d get it after awhile.…

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Why Can't We All Get Along?

I find this quite ironic that I’m posting a blog about getting along.  When I look at many political blogs and the comments section for most any type of article, I find that people have either a black or white opinion.  Many situations immediately bring out a hateful comment resulting in a bashing of the author rather than a look at the arguments and logic behind them.  …

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Strategic Planning Made Simple

Sharing another great article from B2B CFO® Mark Nuelle
 
Whether you are planning a personal strategy, a business plan or a production process, I have found that strategic planning follows the same steps. The first step in this process is to decide what is  important. What is your mission, your vision, your values?


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