Archive | June, 2009

What Does Your Business Financial Scorecard Look Like?

21. June 2009

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Could you pull together a current financial statement within 2 hours of getting to your office Mon morning?  And, more importantly, do you know how to decipher what it says? And, then do you know how to turn those numbers into a real business financial scorecard of where you are now and a predictor of the [...]

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What Story Do You Tell Yourself?

16. June 2009

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Most of my clients have been slammed by the real estate downturn and economic recession.  There are a few notable exceptions who were well positioned to ride out a storm and actually take advantage of the opening market as their competitors fell to the wayside.  No matter what has happened to your business and your investments [...]

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Who’s in Charge Here?

12. June 2009

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As I write this, I’m in my home office, looking out at the Pacific Ocean.  Waves are high today.  If it gets a little warmer, I’ll probably go out swimming in the surf later.   If you’ve ever done that, then this analogy is going to make sense.  The economy and business today sometimes seems like [...]

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HR 1728: Example of Why Crowdsourcing Doesn’t Always Work

10. June 2009

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There has been a firestorm behind the scenes on the proposed legislation HR 1728.  To recap:  This is a bill that has already been passed by the House and is now being heard in committee at the Senate.  The House quickly and overwhelmingly passed it. People love it, hate it, or don’t know about it.  Not [...]

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Why HR 1728 is Inevitable

9. June 2009

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The real estate investing community is abuzz right now with a bill that is winging it’s way into law.  It lasted just 3 days at the House and passed with an overwhelming majority.  It’s now (6/9/09) at the Senate where it’s also expected to pass.   The Bill, HR 1728, is called the Mortgage Lending and [...]

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Working the Top Line & Bottom Line of Business

6. June 2009

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Looking for a way to put more money in your pocket?  There are two ways to improve your cash flow:  Increase your income or Decrease your expenses.  And, of course a combination of the two.   The part that I see some entrepreneurs do that gets tweaked in their business model is they begin to think [...]

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