Inflation is here for the foreseeable future and compensation costs will continue to rise even faster — all on top of supply chain problems. How best can an organization understand product costs amid our new reality? Today’s newsletter takes a closer look and offers tips for staying ahead of the inflation game. Read more…
Many businesses own the real estate they use. This presents a number of opportunities and considerations, especially those related to whether it is more advantageous for the business to own or sell/lease-back the real estate in question. Today’s newsletter offers tips for making quality decisions in this area. Read more…
The future is fundamentally uncertain. Unforeseen surprises are all but inevitable. How then can we position our enterprise to quickly respond to these unknowns? In today’s newsletter, I take a look at this fundamental uncertainty and share suggestions for taking it into account in the way you monitor and run your business. Read more…
Effective management requires listening, communicating, and observing people firsthand. Virtual interactions, while certainly more convenient, can have a negative impact on results if done to the exclusion of everything else. Today’s newsletter explains, in addition to offering specific suggestions for taking full advantage of your physical presence. Read more…
The material and labor shortage are likely to stay with us for some time. Now, it is more essential than ever to keep close tabs on where your company is financially. With that in mind, today’s newsletter examines several financial best practices that are critical to navigating through these challenges. Read more…
Financial restructuring generally refers to a series of financial transactions that results in existing equity being significantly diluted and/or wiped out. It is rarely a pleasant process and, thankfully, not something most debtors have a great deal of experience with. By understanding what’s involved (the subject of today’s newsletter) and enlisting the help of qualified and experienced financial and legal counsel, you can achieve the best possible outcome for yourself and your business. Read more…