
Archive for December 2012
You Can Only Manage What You Measure
For many small and medium–sized businesses (SMB’s), there is a stark disconnect when it comes to truly understanding the cost of product/services. Specifically, the disconnect comes into play when tracking (or not tracking) labor costs. Many companies purchase raw materials and/or components, assemble finished goods, and then erroneously determine their costs based on those inputs…
Read MoreMayan Calendars, Fiscal Cliffs, and Your Business
I just checked on Yahoo News® and I’m happy to report that the “Mayan Apocalypse” did not occur at 9:11 PST today, contrary to the Mayans’ prediction a few thousand years ago. Considering this cataclysmic possibility, I must admit that I considered moving to Cincinnati since Mark Twain said “If the world comes to an…
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