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Articles about: Management

Your Legal “To Do” List
Looking back over the past year, we've seen a few trends in employment law. What action steps can you take now to prevent costly lawsuits?Mandate (good) training for all your reports The courts are clear: employers who fail to train employees are neg...

Becoming A Better Listener
Part of being a good manager and leader is about becoming aware of and sorting out problems within your team and the working environment as a whole. Everyone goes through problems at certain times in their life, and while no one likes personal proble...

Tackling the Cash Flow Problem - Part 3 of 3
In parts 1 and 2 we saw how variable cost control presents a very real and sizeable challenge for most businesses. In our small business example we needed to finance 150% of our monthly profits each month just as a matter of normal business. You can ...

Tackling the Cash Flow Problem - Part 2 of 3
In part 1 of this series we laid out a typical cash flow scenario for a small business. The order was a good one with a 40% profit margin, but through the course of production and delivery our company found itself deeply in the red and having to fin...

Tackling the Cash Flow Problem - Part 1 of 3
The challenge with variable costs is that they are variable. When your sales go up you need to spend more. When your sales go down you need to spend less. If you are selling more things then you have more money to pay for the parts and labor, or in o...

Seeing the Total Cost Picture - Part 2 of 2
The top level of cost allocation is fixed and variable costs. Fixed costs are things your business has to pay for regardless of how much you sell. Variable costs on the other hand are costs associated with creating your products or delivering your se...

Seeing the Total Cost Picture - Part 1 of 2
There are only two ways to improve the overall profitability of your business: Bring in more money, and keep more of the money that you do bring in. When it comes to keeping more of the money that you bring in, cost control is the name of the game.Th...

Construction and Allied Industries
Predictions for 2008The construction industry in the US is expected to increase by 5.8 percent this year after a lackluster performance in 2007, in spite of a promising showing. A domestic gross product of $1.21 trillion is also predicted by the US C...

Realism vs. Optimism in the Business Plan & Restaurant Business Plan Software Considerations
The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. That is, th...

What to Consider when Filing for Personal Bankruptcy & What You Don't Want to Know About Bad Mee...
President Bush in April signed into law The Bankruptcy Abuse and Consumer Protection Act. This bill promises many changes to law, and will make it more difficult for the average person in financial trouble to have debts removed with bankruptcy. Recen...


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