Last week, I was given seven minutes for a presentation to some smaller business owners. Wondering what wisdom I could impart in that brief period, I created the following outline. They thought I should share it with the blogosphere. I hope you find it helpful. “Any ass can make a fortune. The trick is keeping it.” ~ The Sage of Centennial 1. Don’t sign a guarantee you wouldn’t want to pay. 2. But, get one if you can. 3. Don’t take payment from someone who does not owe it to you.…Read More
I am an entrepreneur with a business in New York. My business is having problems. How do I survive? Entrepreneurs are optimists by nature. Recognizing there’s a problem is a big step in “entrepreneur rescue.” Next comes identifying the problem, then how to fix the problem, and finally, how to fix the fallout the problem created. Your accountant can help by identifying the answers to the following: Is it cash in, or cash out? What’s causing the unhealthy imbalance? Can the cause be fixed? If so, how and at what…Read More
