Over the last decade the use of e-mail both for business and personal reasons has become ubiquitous. However, in my opinion, many people still use e-mail in a less than optimum fashion. E-mail used properly is a tremendous business tool and e-mail used improperly can be frustrating at a minimum, or career ending at worst. With nine locations of my current company, 15 direct reports, serving on...
Selling Private Company Stock
Over the years I have seen many business owners unwittingly break the law when they sold stock to key employees without getting experienced legal counsel involved. Many business owners are fortunate enough to have some extremely loyal employees who they want to reward by selling them stock in the company so they will have an equity interest and hopefully benefit when the company is sold or when...
In a previous post I talked about cash flow management i.e. tips on generating the highest possible positive cash flow. In this post I’m going to talk about cash management. What’s the difference? Cash flow management is doing things that enhance your positive cash flow. Cash management is managing the cash that you generate in your business so that you don’t run out of cash. ...