How Healthy Is Your Business?
by Barbara Weltman on September 1st, 2009
Give your company a financial health examination to determine if you’re in good health or in danger of becoming ill during these tough times. Dr. Jeff Cornwall, who heads up the entrepreneurship program at Belmont University in Nashville, TN (and who’s been a guest on Build Your Business Radio) suggests that you examine certain key indicators and, if you’re not in good shape, work now to cure your problems. I interviewed Dr. Cornwall to find some critical areas to explore; here are his suggestions. Cash flow The adage, cash is king, can’t be repeated too often. Even if your sales... Read more »