Employees’ Guilt About Profits Hurts Your Business
Many people think your company makes too much money. What do your employees think? Do they have guilt about profits? (Note: this post was originally published on August 29th, 2016. It has been updated to reflect new data.) According to a Pew Research Center poll in...
When Is The Right Time To Raise Prices?
The costs for raw materials are up. Health insurance costs continue to climb. Labor is in short supply which typically means wages will go up. As of the US Job Openings and Labor Turnover Summary report released on June 5th, 2018, there are now more jobs...
An Easy and Efficient Budget Process
Preparing a budget does not have to be laborious. I hated wasted time; I also hate spending a lot of time on budgets. That view might strike some of you as strange given that it comes from a CFO (Chief Financial Officer). But the truth is that budgets do not have to...
Is a Budget Worth Your Time?
I hate wasted time. How about you? I always seem to have more things to do with my time than time to do them. I figure I could fill two or three lifetimes with what I would like to do—in business and for pleasure. It is that time of year where every good company is...
