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Columnists/Bottom Line

Eisenhower efficiency may work for you

How many items are on your to-do list? I mean, really important things for your business, not the everyday things to keep your doors open and serve your customers. How many things...

DATE: Oct 30, 2016 | CATEGORY: Bottom Line

Like rockets, businesses fly in stages

Lately, I’ve been led to thinking about the various stages of a business. A current assignment triggered the need to articulate the stages, what they mean to the owner, and what comes next. ...

DATE: Mar 17, 2015 | CATEGORY: Bottom Line

Don’t keep all your eggs in one basket

This past week saw the termination of a 16-year relationship between American Express Co., AmEx, and Costco Wholesale Corp. In the partnership, Costco accepted only AmEx credit cards in its ...

DATE: Feb 17, 2015 | CATEGORY: Bottom Line

In business, precision is preferable

How important is the use of words? Is it important for business owners to be precise in their use of business and financial terms? Can distorted or inaccurate communication lead to incorrect...

DATE: Jan 20, 2015 | CATEGORY: Bottom Line

Butterfly Effect applies to your local business

Are you familiar with the Butterfly Effect? Here is one of many variations: “When a butterfly flaps its wings in one part of the world, it can cause a hurricane in another part of...

DATE: Dec 22, 2014 | CATEGORY: Bottom Line

Organization, persistence key in goal setting

My business partner, George Huang, and I have been working for months to develop and start a new business. One of our most difficult tasks has been setting our short-term business goals to s...

DATE: Nov 25, 2014 | CATEGORY: Bottom Line

Take a day to game plan like a head coach

Now is the time to prepare for your annual strategic planning day. You say you don’t have a strategic planning day? Then make this your first annual. The best time for this planni...

DATE: Oct 27, 2014 | CATEGORY: Bottom Line

Setting financial goals key to planning

I’ve had several discussions lately with a business owner about his marketing and sales strategies. Examination shows he plans meticulously and executes well. He has taken several online mar...

DATE: Sep 30, 2014 | CATEGORY: Bottom Line

Time for you to work smarter, not harder

In an interesting report on small business, Wayne Rivers admonishes entrepreneurs to stop working so hard. He says the worst advice he ever received was to work hard for long hours. I agree ...

DATE: Sep 1, 2014 | CATEGORY: Bottom Line

Strategy may be what businesses need to succeed

A number of business people have approached me lately to discuss their strategy. This may seem like a fairly straight-forward request. However, I’ve learned to probe deeper until I know what...

DATE: Aug 4, 2014 | CATEGORY: Bottom Line

Cash-flow management befuddles many

Independently owned businesses face many challenges in their day-to-day operations. The most frequent financial problem is described in various terms, but is universally known as a cash-flow...

DATE: Jul 8, 2014 | CATEGORY: Bottom Line

For baby boomers, plan ahead for selling business

John F. Dini, a consultant and prolific blogger, is sounding an alarm for baby boomer business owners. As most know, the boomers are a huge anomaly in the population stream. They are signifi...

DATE: Jun 9, 2014 | CATEGORY: Bottom Line

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