Use these six strategies to communicate effectively. 1) You can accept anything without agreeing with it. Thus, acknowledge amazing requests and outrageous statements with responses such as: “That’s an interesting idea.” “That’s a novel request.” “What an intriguing question.” Use this as an opportunity to understand what the other person is saying. And then move […]
Category Archives: Management
Does your business needs an outside accountant? It all depends. If you require an audited or reviewed financial statement, then, yes, you need a CPA. In any event, it is always a good idea to maintain a relationship with an accountant no matter how small your business. Whether your accountant is a CPA is up […]
Accounting principles are the basic assumptions, rules of operation, and essential characteristics that make up the framework for the construction of accounting financial statements. Long ago, I was perplexed to discover that there was no “set” of accounting principles that was presented in one form such as you might find in the Bill of Rights. […]
Who created accounting principles? Who sets and revises accounting standards? What if you don’t follow all the rules, do you go to jail? Is there an accounting police force that investigates and arrests violators? It would seem that there must be some regulatory force to make sure that providers of financial statements conform to the […]
That absence management is a key component of workforce management does not really need an explicit mention. However, planned and unplanned absence is a universal fact of work and many organizations might take it as something that cannot be avoided. There are ways to minimize both absence and its impact. First, we need to look […]
A business seeking capital can’t afford to underestimate the importance of business financial projections. A business financial projection is simply forecasting your sales and revenue to the lender. This information is important because it is a key indicator to your ability to repay a loan. If you are unsure about financial forecasting and how it […]