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Business Management Information

The Seven Cs: Partnership Danger Signs - The 5th C: Control Issues


A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The Seven Cs: Partnership Danger Signs - The 4th C: Cumulative Money Problems


A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The Seven Cs: Partnership Danger Signs - Conflict Becoming the Norm ? Part 2


A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The Seven Cs: Partnership Danger Signs - Conflict Becoming the Norm ? Part 1


A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The Seven Cs: Partnership Danger Signs - Competitive, Not Complementary Action


A series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

The Seven Cs: Partnership Danger Signs - Communication Breakdown


An ongoing series of articles exploring the seven critical areas that can indicate a partnership is in trouble.

5 Interviewing Mistakes That Can Lead To Hiring The Wrong Person


Mistake #1: Going with the flow

Motivating For Higher Performance


Employee motivation is probably the most important single manageable factor for success and profitability of all the facets of specialty store retailing. It is too vital to be handled on a hit or miss basis, depending on the whim or spirit that stirs the store owner or manager from time to time.

Internal Control - The Why and How


Many retailers do not have good internal controls in place and place little importance on them. They are concerned with the buying and selling of merchandise and do not place enough emphasis on making certain that the sales get recorded, the money gets in the bank, the invoices are paid only once and the inventory reports are correct.

Policy & Procedure Manuals - Tools For Greater Productivity and Efficiency


In today's tough retail environment the retailer needs all the tools he can get to help improve efficiency, productivity, and the bottom line. Two of these tools are the company's Policy Manual and Procedure Manual.

Shrinkage Control


What has been your store's shrinkage experience for the last two years? What will it be this year? If it has not been as good as it should have been, now is the time to analyze the possible causes and take steps to keep shrinkage in line this year.

The Retailers Calendar


The Julian calendar we use to pass the time every day, every week, every month and every year is the one most commonly used by businesses. Its general availability and familiarity make it a natural selection.

Are Your Meetings Smart?


Soon after I finished a brief seminar on how to accomplish more in less time every day, Roger shook my hand and said, ?I can use what you said. But there is one thing you didn?t talk about. It is something that drives me crazy. I can?t get anything done because I?m in meetings all day long. We have gone overboard on meetings. We discuss practically everything as a team before making decisions.? I asked Roger for his card and I called him later that afternoon with some ideas that could help get him and his team out of their meetings trap.

What 80% of Businesses Don?t Know: Tips for Improving Your Working Capital Management


What is the number one way to prevent failure in business? Take a minute to really think about your answer. What comes to mind? Increasing patients or customers served? ? Effective marketing? ? Location, location, location? ? Improving patient or customer care? ? Being the best in your industry?

What to do When You receive a Bad Check


As a small business operator, personal checks may be one method to receive payment for your goods or services. As a way to receive payment, a personal check is actually better than credit cards because the fees are less and there can be no charge back.

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