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Measure for Measure: Unit Economics Plays a Leading Role on Today's Economic Stage

MAR. 08, 2010 08:00:00 AM | BY KERRY PIPES

The most fundamental business strategy calls for black numbers on the bottom line. In simplest terms, it's proof the business is generating more cash than it is spending. All too often, though, entrepreneurs get involved in businesses without employing a proper system to help them keep a watchful eye on what they're earning and what they're spending. Managing day-to-day operations can be so time-consuming that it leaves little room for financial analysis. Or perhaps key individuals lack a basic understanding of how to read and interpret financial statements. Combine these factors with the down economy, and you'll likely wind up with a troubled business.

Seven Steps to Fiscal Fitness: A "Fiscal Physical" Will Help Your Business Survive, Grow, and Prosper

MAR. 01, 2010 08:00:00 AM | BY STEVE LEFEVER

In the few minutes it takes you to read this article, 40 businesses across the nation will fail--and that statistic was [i]before[/i] the economic downturn of the last 24 months. Tragic? Yes. Remarkable? Not at all. The road to business success is littered with the skeletons of companies whose owners--mostly brilliant and skilled individuals--failed to "take care of business" in the financial management of their enterprise.

Popular Articles

»	Measure for Measure: Unit Economics Plays a Leading Role on Today's Economic Stage BY KERRY PIPES
»	Seven Steps to Fiscal Fitness: A "Fiscal Physical" Will Help Your Business Survive, Grow, and Prosper BY STEVE LEFEVER
»	Predictions, the American Way: Give me a Forecast, or Give Me Death BY CAROL CLARK
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