A business had been in start-up phase for about 3 months and the business owner had great ideas and high hopes. Then he ran into cash flow problems. The URL to the website provides an error message. His primary means of selling product is no longer functional. I keep wondering what happened to the confident [...]

Over the past couple of years some employers have taken advantage of the down economy and high unemployment rate by increasing job responsibilities, not honoring employee requests, or not providing yearly pay raises. Many employers are starting to notice the effects of doing so. One company recently offered pay raises to their employees because they [...]

As we approach the second full week into the new year do you have clarity as to what you want to accomplish in 2011? When our goals are clear we can create action steps to reach them. About six months ago I had a coach who specializes in Feng Shui visit my office. She asked [...]

The world is abuzz with New Years resolutions. The paper and other media are full of weight loss tips and tricks. Fitness gyms are seeing their annual spike in new memberships as the goal to loose weight is one of the yearly top new year resolutions. Most of us know that new year resolutions do [...]

The term relevance is considered a characteristic of useful accounting information. From an accounting perspective, relevance is when information has the potential to make a difference in your decision making. Students who are completing an MBA program often ask me why they need to take accounting courses when it is not their major or concentration. [...]

At a time when many small businesses are cutting or spending very little for marketing, Gnosis Arts Multimedia Communications is coming to the rescue by offering a Your Market Research Scholarship Program. Gnosis Arts will select one business per month – that is 12 scholarships per year! The winner receives a $200 scholarship toward Gnosis [...]

When you are considering different options for your business, such as should I buy that new truck or laptop computer, how do you determine what factors play into your final decision? Do you crunch the numbers before making the purchase or do you just buy what you need/want? Hopefully you crunch at least a few [...]

What motivates you to do your job? How do you respond to praise in the workplace? In your personal life? I am asking these questions because I have seen people change their level of motivation purely by letting them know that I care. Last term, I had a handful of students who were doing the [...]

For months I tried to convince one of my children that kindergarten was going to be fun. I told her that I enjoyed school when I was her age. Telling her that she was going to make new friends didn’t seem to help either since she is most definitely an introvert. I even enrolled her [...]

When business owners need to cut costs one of the first expenses they consider are salaries. But reducing your staff size isn’t always the best answer even though it can create immediate cash savings. Below is an interview with Eric of Gnosis Arts who decided to increase prices as a way to generate more cash [...]