Ask a savvy cash manager what environment in a manufacturing company is likely to result in the fewest cash flow headaches, and the response may be, “A stable 2 to 3% growth company with high gross margins relative to industry standards.” Why would he or she not choose a high-tech company, with double-digit growth potential? Could it be the constant drain on cash? Continue reading
Golf is very difficult. In fact, the average score for decades remains at 100, even with all the advanced equipment and the interest in the game according to the National Golf Federation. Rounds of golf do commonly lead to networking and meeting potential business partners, but what business lessons can the game itself teach us?
Let’s play one hole and determine Continue reading
It seems every day we read about disasters that devastate lives and businesses. Unfortunately, human nature can lead us to feel a false sense of comfort thinking large storms or computer virus attacks won’t affect us.
After Hurricane Sandy (a 100 year storm) large areas in the Northeast were decimated and most businesses in its path suffered downtime; many are still recovering Continue reading