TITLE

Achieving the Business You Want

AUTHOR(S)
Kirchenbauer, Lisa A. K.
PUB. DATE
March 2010
SOURCE
Journal of Financial Planning;Mar/Apr2010 Practice Management, p14
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article offers actions steps to move a business in the right direction. For lifestyle-based business (LBB), it notes to identify the real purpose of the business and to gain sense of the steps that should be undertaken and keep the order of its personal financial house, including cash flow needs, retirement savings required and life insurance. For an equity-based business (EBB), it recommends to hire an accountant to get the business finances in order and consider using assessment tools to build a solid and coordinated team that is aligned the needs of EBB. Several reminders on how to keep these businesses to move forward and check their progress along the way are provided.
ACCESSION #
48633226

 

Related Articles

  • Cash is king - so is a cash culture in your business. BISSONEITE, LAURIE // Northern Ontario Business;Sep2011, Vol. 31 Issue 11, p4 

    The article offers the author's perspectives on the importance of a cash management culture in business enterprises.

  • Fly on Autopilot. Harris, Laura // Sales & Service Excellence Essentials;Apr2009, Vol. 9 Issue 4, p4 

    The article discusses the concept of autopiloting a business. It refers to a business design wherein employees trust the system, goals are set and obstacles are overcome. In order to place a business on autopilot, there should be a clear vision of success, an empowered team that aims to achieve...

  • Chapter 3: Defining the ouputs. Tennent, John; Friend, Graham // Guide to Business Modelling;2005, p12 

    Chapter 3 of the book "Guide to Business Modelling" is presented. It explains how scenario planning can be used to identify the outputs from the business model. A clear understanding of the fundamental business question being asked or the decision to be made must be established from the outset....

  • Threshers thrashed.  // Credit Management;Dec2009, p12 

    The article reports on the business management of the First Quench Retailing in England, Scotland and Wales. It notes that the company operates over 1200 Threshers, Bottom Up and Wine Rack stores, and employ 6,283 people. The administrators warn that store closures and redundancies are...

  • TRABALHO EM GRUPO EM ORGANIZAÇÕES PRESTADORAS DE SERVIÇO: REFLEXÕES SOBRE ESTRATÉGIAS ORGANIZACIONAIS. Tortato, Ubiratã; de Souza, Cíntia; Tortato, Batista // Revista Pretexto;Jul-Sep2011, Vol. 12 Issue 3, p67 

    In this work will be checked the relationship between corporate strategy and HR strategy in services with a work group focus. It begins with literature review on the topics. The review shows that group work can facilitate the deployment of service-oriented strategy except as situational...

  • New year: new goals, behaviors, tasks. BORTH, KELLY // Smart Business Columbus;Dec2015, Vol. 24 Issue 3, p7 

    The article offers suggestions on how business owners can increase the opportunity of its sales teams to succeed and get the members be accountable for the sales goal the company hopes to achieve. The tips discussed include defining where new growth comes from, establishing the plan, and...

  • Plan to survive financial difficulties. Creasey, Simon // PrintWeek (Haymarket Business Publications Ltd);3/6/2009, p22 

    The article deals with drawing up and revising a business plan. Nick Hood of Begbies Traynor says it needs team effort to develop a business plan, bringing together knowledge, experience and opinions of all of the key members of the management team. David Bunker of Close Print Finance suggests...

  • Keep on TOP in a Bottom Market. Guttman, Howard M. // USA Today Magazine;Jan2010, Vol. 138 Issue 2776, p62 

    The article discusses how to keep a business on top in a down market. It focuses on the horizontal high-performance organization model which is composed of teams working at peak potential at every level. The model's benefits include greater top-to-bottom alignment, elimination of silos, faster...

  • FINANCE'S PARTNERING ROLE (PART 2) Breaking Down Boundaries. Davis, Tim R. V.; McLaughlin, Lance P. // Strategic Finance;Apr2009, Vol. 90 Issue 10, p47 

    This article discusses research into partnerships between finance professionals and managerial staff in the business. The results of a survey into the development of performance metrics, the independence of financial analysis, and the relationships between financial and managerial professionals...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics