Have you ever cooked something that just didn’t turn out right? Either you missed an ingredient or put in the wrong proportions. You cooked it too long or not long enough. I recall recently that I was trying to grill some really thick steaks. Two were supposed to be medium rare and two were supposed to be…
Every business owner has a big vision for their company and wants to make it happen. The problem is, most owners aren’t sure how to move forward and grow revenue, leaving them confused and frustrated. That was certainly the case with a professional services firm I’ve been working with for about a year now. In our…
You might be in a growth phase of your business. Growth always requires cash and cash is generally at a premium. Further, there are some liquidity traps to be avoided as you grow. Here’s 3 to watch out for: 1) Excess build-up of accounts receivable It’s normal for your receivables to increase when you grow. However, if…
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