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Home 2012 July

“Have your children go work for someone else before they work for you.”

Some small business owners dream of creating a “family business,” that is having one or more other family members actively engaged in running the business.  It’s a romantic notion and very compelling to some . . . Mom keeps the books, Sis and Little Johnny do a variety of chores around the place, and Dad

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“You can’t manage what you can’t measure.”

“You can’t manage what you can’t measure.” “What gets measured, gets done.” Those are two complimentary management axioms, and they both happen to be true. Take the first, “You can’t manage what you can’t measure.”  It’s pretty hard to argue with that.  For instance, how could we manage our receivables without a measurement of some

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