Every
great business was once an idea in someone’s mind. Of course, that’s not all
there is to it, but it’s the idea that is at the source. And it’s the
continual stream of ideas that keep a business vibrant and give it a sustainable
competitive advantage.
Having
a clear vision of where you want your company to go, what you want
your company to do for customers and team members and how you will
assess whether you have made it or not are essential for performing
high and achieving your goals.
While
change is not something that most people embrace quickly or open-heartedly, if
it’s done too cautiously it can flatten revenues, eat profits and lead to
business failure.
When
financial statements are used properly they will set off early
warnings of impending dangers. Here are some of the basic types and
how to understand them.
To
determine the amount you might gain or lose on the sale of an item, it is
necessary to calculate the amount realized less the adjusted basis of the asset
sold.
Memorable Quotes:
"A
life spent making mistakes is not only more honorable but more useful
than a life spent doing nothing."
-
George
Bernard Shaw
"We
cannot solve our problems with the same level of thinking that created
them." -
Albert
Einstein
"A
person who graduated yesterday and stops studying today is uneducated
tomorrow." - Author Unknown
DISCLAIMER
Information provided in this publication is intended as general information only
and should be considered carefully for your own business situation before use.
This firm and any associated companies accept no responsibility or any form of
liability from reliance upon or use of its contents.