Business Corner

In this article, we will look at the next step to finding the way out of that quagmire - the Business Plan. The Business Plan - Nonsense or Good Sense?

Understanding the sales history Normalizing G&A Building a Financial Plan

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.

Chart of Accounts - A map of your business... You have to take control of this very, very, very important part of your business.

More on Understanding the Past... Costs of Goods Sold (COGS) as it relates to sales... Sales, COGS and the time shift...

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?

What do you want... really? What is a reasonable Net Profit Margin? A Rational Incentive Plan for Employees... "cost-free"

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?

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?

Describing and enacting a rational and balanced Employee Incentive plan that will result in a self-running business.