The Importance of Physical Systems (i.e. Work Space Matters)

The Importance of Physical Systems (i.e. Work Space Matters)

Every new boss should realize that physical systems count, big time! A few years ago, the world celebrated the 50th anniversary of the discovery of the office cubicle, of which corporate America seems to have a love-hate relationship. Is a...
Effects of Price Controls

Effects of Price Controls

FROM THE PRACTITIONERS NOTEBOOK: In efficient markets, prices are set by willing buyers and willing sellers agreeing on the price. This is the intersection of the sellers’ supply curve and buyers’ demand curve to arrive at a market clearing price. The supply curve is...
#National Author’s Day

#National Author’s Day

It’s National Author’s Day.  Did you know there was a day devoted to honoring all the authors out there?  Neither did I…until recently. So, in honor of National Author’s Day, I thought we should spotlight our “resident author” and...
What Should You Do with Spare Inventory?

What Should You Do with Spare Inventory?

A BizBucks Reminder. An old axiom of years gone by, says: use it up, wear it out, make it do, or do without. The modern business version of this comes from the world of logistics: 1. Use inventory rather than buying new. No cash outflow. 2. Even use more expensive...
Intangibles-What are they and how do they affect the Share Price?

Intangibles-What are they and how do they affect the Share Price?

The BizBasics courses emphasize the importance of discounted cash flow analysis to increase the share price of a publicly traded company. Of almost equal importance is the effect of intangibles on the share price. Many studies have been done in recent years on that...
An Unspoken Principle

An Unspoken Principle

Here is a little Financial Decision-Making review for you… …Time value of money is taught as the basis for financial decision making in all reputable business schools. Cash is king, meaning earnings are a garbled version of the actual cash firms make. Cash...