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    Posted on November 4th, 2009

    Written by Dan Lacy

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    Why Businesses Are Like a 3 Legged Stool

    You probably didn’t realize that the stool was invented by accident by a Swiss woman by the name of Maria Schitonstool in 1749.  She was poor and had to burn furniture to stay warm in the winter and the last pieces of furniture she had to burn were her chairs so she sawed off the [...]

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    Posted on September 25th, 2009

    Written by Dan Lacy

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    Why Hire a Consultant

    Why Hire a Consultant
     
    When the economy is down and recovery is expected to be slow; when business is tight and profits are low, the last thing you need to spend money on is a business consultant, right?  Wrong!
     
    When business is slow, you need help diagnosing problems and finding solutions; you need to maximize efficiency, increase [...]

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    Posted on September 22nd, 2009

    Written by Dan Lacy

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    What “To Do” and “Not To Do” When Starting a Business

    What “To Do” and “Not To Do” when starting a business
    TOP TEN DO’S

    Live frugally and begin saving up money now to start your own business.
    Use your cash flow projection as your key tool to determine financing required.
    Complete a business plan for meetings [...]

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    Posted on September 21st, 2009

    Written by Dan Lacy

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    Planning Today- Surviving Tomorrow

    Planning Today – Surviving Tomorrow
     
    In the first and second chapters of the book of Numbers in the Old Testament, we find a detailed description of the Israelite campsite during their wilderness trek.  To the casual reader an outline of the particulars of encampment might seem to be irrelevant minutiae.  What is actually presented, however, is [...]

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    Posted on September 17th, 2009

    Written by Dan Lacy

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    Getting a Loan in Today’s Lending Climate

    Getting a Loan in Today’s Lending Climate
    Credit is available, but expect closer scrutiny of your loan request
    Although a Federal Reserve survey, released recently, found that many banks are tightening their lending standards for businesses, there are still many banks looking for good deals and many of them are getting funded. A few banks have shut [...]

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    Posted on August 31st, 2009

    Written by Dan Lacy

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    How to Reduce Stress in the Workplace

    How to Reduce Stress in the Workplace
    From People Management Magazine
     
    It is simply not possible to remove all sources of stress at work, but according to recent research, empowering line managers to manage stress among their teams will help to reduce some of its consequences, such as: poor morale, reduced performance and team conflict.
     
    The research, Managing [...]

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    Posted on August 21st, 2009

    Written by Dan Lacy

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    Demographic Profile of An Average American Millionaire

    Demographic Profile An Average American Millionaire

    General Information

    The average age is 57. Only 10% are under 40.
    Grew up in middle or working class families. (80% are first-generation millionaires).
    Attended some college (15% dropped out by 12th grade).
    Approximately 60% are men, 40% are women.
    Drives an older American car (60%).
    Dresses moderately and conservatively.

    Home [...]

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    Posted on August 17th, 2009

    Written by Dan Lacy

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    How to Write a Business Plan

    How to Write a Business Plan
     
    The following pages provide a suggested outline of the material that should be included in your business plan. Your final plan may vary according to your needs or because of the individual requirements of your lender.
     
    What Are the Benefits?
     
    Every business can benefit from the preparation of a carefully written plan. [...]

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    Posted on August 14th, 2009

    Written by Dan Lacy

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    What Makes a Good Business Plan?

    What Makes a Good Plan?
    Is it the length of the plan? The information it covers? How well it’s written, or the brilliance of its strategy. No.
    The following illustration shows a business plan as part of a process. You can think about the good or bad of a plan as the plan itself, measuring its value [...]

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    Posted on August 5th, 2009

    Written by Dan Lacy

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    Financial Performance – The Key to Survival

    Financial Performance – The Key to Survival
     
    Our culture revolves around statistics.  In baseball there are statistics for the total number of bases a batter achieves versus his batting average.  In cinema, the second week of a film’s run is a more important factor in determining its long term success than the first.  And in farming [...]

  • Older Posts Yeah! There are more posts, check them out.

    Newer Posts Yeah! There are more posts, check them out.