3 Accounting Statements and Why You Need to Know Them

3 Accounting Statements and Why You Need to Know Them

Why should technical professionals be familiar with the basic three accounting statements: Income Statements, Balance Sheets, and Statements of Cash Flow? Among many good answers is this: They can answer for themselves many key questions in making financial...
Been There: Done That!

Been There: Done That!

I get it. I understand. I have been there. I have been right where you are; struggling with your new role as a leader in your company. Early in my utility career, I was an engineer thrust into leadership. I was leading a team of engineers on a significant...
What Is Business Acumen & Why Do You Need It?

What Is Business Acumen & Why Do You Need It?

Business acumen is a buzz word you hear all the time. “He has great business acumen.” “Build me a team full of people with business acumen!” “That young employee needs to learn some business acumen.” So what is business acumen and why do you need it? The word acumen...
“Would You Like A Price Increase With That Hamburger?”

“Would You Like A Price Increase With That Hamburger?”

The Biz Bucks Guy believes everyone should understand the basic Supply and Demand Model from micro-economics. One example of its use leads to an understanding of the effects of minimum wage laws and price controls, in general. In Part A, let’s look at the model itself...
The Man Who Saved Capitalism!

The Man Who Saved Capitalism!

Today, Tuesday, July 31, 2012 is Milton Friedman’s 100th birthday. Dr. Friedman, who died in 2006 at age 94, was the first and arguably the premier macroeconomist in favor of free enterprise. He was (and still is) one of the most influential figures in American...