by Leif Jensen | Nov 10, 2020 | Uncategorized |
Banks are not your friend. They never were and were never meant to be. They are businesses that are run by very conservative greedy people. They will take a small risk, but only at great value to them. If you were a bank you would run the same way. So, when you are...
by Leif Jensen | Nov 9, 2020 | Running a Business |
It is time to expand the business to take it to the next level. You have reviewed your business, from top to bottom. Your ratios and measurables point towards the future, the market conditions are favorable, you discussed and debated the issue with your advisors and...
by Leif Jensen | Nov 4, 2020 | Running a Business |
Now, may be a good time to rework your “Financial Dashboard”. With all the changes going on, your ratio parameters may have changed. You may be working with your suppliers to get them paid which has your payables higher than your norm. Or clients may need been...
by Leif Jensen | Nov 3, 2020 | Money Management, Running a Business |
I was watching the American Express Summit where Shaq was describing a time when he asked a wealthy restaurant owner how he was able to maintain his wealth. Apparently, the answer was blissfully simple, if you have the where withal to be able to accomplish it. I am...
by Leif Jensen | Nov 2, 2020 | Running a Business |
In these troubled times your business may be heading in the wrong direction and you need a turnaround plan. Your bills may be piling up, but you still need their services. Call them up, talk to them explain the situation to a point. No need to give them every grisly...
