Here is a worthwhile piece of advice from Sierra Management Solutions on the potentially devastating impact of discounting on your company’s bottom line:

Problem: The CFO was worried. For the past six months the company’s margins had been dropping and now they were at the point where something had to be done. Finance had researched the situation thoroughly and the finger was pointing directly at sales.

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• Your next boss could be you! Prepare now to start your own company There is a nice article on the website called "Business Owners Idea Cafe" written by Idea Cafe CEO Francie Ward, entitled "Get Ready! Your next boss could be you:  Turning the threat of downsizing into victory. Prepare now to create your own company." In this article, Ms. Ward discussed 7......
• Should you change your corporate status? Way back in December 1997, Inc. Magazine published an article that discussed the circumstances under which a business may want to consider switching its corporate status.  Among the conditions it discussed were the following: The company needs capital. If you're simply contemplating raising your credit line or bringing in some......

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