Articles

Are you facing the prospect of selling your company, possibly one you founded? If you are a baby boomer and own a business, the answer is almost certainly yes, even if you don’t yet think so. But you want to be extra careful in determining...

The annual NCAA college basketball tournament, known as March Madness, came to a stunning close last night, with Villanova winning. Congrats to Villanova—but it was another Catholic university that really caught our attention. Source: Forbes | Engagement Leads To Success? Maybe That's Exactly Backward...

We know an entrepreneur who was considering opening his books to his company’s employees. Before he did, he wanted to see how much they knew about the business. So he told them his revenues were about $10 million and asked how much profit they thought...

Sometimes a competitor makes an offer so aggressive that even your loyal customers can’t ignore it. Though they may love your product, your people, your brand, and what you stand for, there is just too much money at stake. How can you win without dropping...

Which of our customers are profitable and which are not? Where should we focus our marketing efforts, and why? Where are the opportunities to increase gross profit or reduce overhead expenses? Out-of-control companies can't answer questions like these because they don't have accurate numbers. Source: Forbes...

Sexual harassment charges have been piling up in the business world, whether it’s the factory floor at Ford or an elite New York restaurant. The economic costs, of course, are only a reflection of the human and social costs. Source: Forbes | The Terrible Cost Of...

Right now, the US unemployment rate is hovering around 4%. For business owners, the statistic has a simple and powerful implication. Labor is scarce, and your best employees are likely to have a lot of other opportunities. Will some of them consider—or even take—those opportunities? Source: Forbes...

The Holidays are a great time to reflect on the past year. Businesses typically do their planning, starting by looking at the variances in plan. But this financial analysis may mask the underlying purpose of business, which is to improve the lives of...