In any organization, there is the chance of money going missing between income and outgo. Financial or internal controls are the policies and procedures that minimize this leakage – and protect people handling the money from charges of fraud. Businesses tend to have internal controls because the owner is keeping … Read More
Every company is expected to have a mission statement, but there is little agreement on what a good one looks like. Some people think the mission statement should be short and easy to remember, others think it should include all the company’s major goals, from how it treats its employees … Read More
Planning for your business is both intimidating and important, even if you aren’t looking for financing. It allows you to think through your business, where it is now, where you want to go, and how you plan to get there – which makes you a lot more likely to get … Read More
So often an owner is too busy working in the business to work on the business, and a strategic growth plan is one of the first things to get lost in the shuffle. It just takes too long to get all the pieces together: vision statement, mission statement, values, objectives, … Read More