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......
• Business lessons from snow camping with Boy Scouts This weekend I spent Friday and Saturday in the company of 11 young men and 4 adult leaders on an overnight snow camping expedition in the mountains. This involves digging a cave in the middle of a snowfield, and spending the night in it.  For us, the temperature dropped to......

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