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Business Corner

Dedicated to sharing the insights and experience of members in the world of business and finance.

Chart of Accounts - A map of your business... You have to take control of this very, very, very important part of your business.
What do you want... really? What is a reasonable Net Profit Margin? A Rational Incentive Plan for Employees... "cost-free"
More on Understanding the Past... Costs of Goods Sold (COGS) as it relates to sales... Sales, COGS and the time shift...
A Brief History of Sales - Understanding the past... If you already have a business, it's time to gather all the information you can before you start.
The Financial Plan as a crystal ball... Overhead... Headache or a simple calculation? Markup - Not getting what you think you are getting Calculating the cost of overhead... Pricing made simple... or is it?
There are three elemental areas of business – any business The three elements are: Sales Operations Finance
Understanding the sales history Normalizing G&A Building a Financial Plan
Describing and enacting a rational and balanced Employee Incentive plan that will result in a self-running business.
During one particular political segment, the station played a clip of John Boehner doing one of his “Jobs…Jobs…(It’s all your fault, Mr. President)… Jobs” rants. At that point, a question occurred to me: How many US jobs, now exported, did those three cargo vessels represent?
When you thought of starting this business, what did you imagine your life would be like? What did you dream of having? Do you have the family or fun time you thought you’d have by this time? Are you any closer to fulfilling your dreams than when you started?

RECENT POSTS

Alexa, Are You Spying On Me?

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I don’t worry about that despite the warnings from nervous people on what they have to say about Siri and Alexa. I frankly don’t care if these paired-down AI functions are collecting information. What they would get from me would be tedious and confusing at best.