Wishing you a joyful holiday season. Best wishes for a happy and prosperous New Year.
Entries for December, 2010
For any business cash is important, many people even say that “cash is king.” So when a business owner is looking at their cash position are they referring to their bank balance or are they looking at their statement of cash flows? Many small business owners do not use the statement of cash flows and, [...]
In the Arizona Republic, the Phoenix Metro area newspaper, there was an article in the business section about how math literacy is directly related to wealth accumulation. According to the article, if a couple can answer three questions correctly they are more likely to accumulate wealth than couples that do not get all three questions [...]
This time of year we are busy scurrying to complete holiday shopping, which could include gifts for your employees. The decision to pay bonuses or provide a gift requires careful analysis of the year-to-date results, promises/expectations of employees, and your cash position. Unlike the purchase of machinery or equipment, these payments do not return a [...]