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AUGUST, 2008

Weathering the Unexpected Storm - Financial Survival During Sudden Transition (Part 2 of 2), 08/01/2008
Quarterly newsletter published for the MD chapter of the American Society of Training and Development
This is the second in a two-article series written to provide trainers strategies on financially surviving a career transition, better known as layoff. Last quarter I discussed financial strategies on preparing to survive a transitioning period using the Financial Freedom Cycle®. This quarter's issue follows up with additional strategies ......
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Small Business Owners: Are You Paying Yourself a Regular Salary?, 08/01/2008
WomensCommunity.com
The importance to a small business of effectively managing the business' cash flow is second only to bringing revenue into the business. However, many small business owners make significant yet avoidable mistakes in the cash management area. Owner does not pay herself a regular salary So what ......
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Are You Mistaking Revenue for Profit?, 08/01/2008
WomensCommunity.com
Do you ever ask yourself, “I made all this money in my business last year, but where did it go? Why don't I have any left over for me?” The answer to these troublesome questions requires that you recognize the difference between revenue and profit. Make ......
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JULY, 2008

Remedying Common Cash Management Mistakes of Small Business Owners, 07/01/2008
The importance to a small business of effectively managing the business' cash flow is second only to bringing revenue into the business. However, many small business owners make significant yet avoidable mistakes in the cash management area. Here are six of the most common, and a suggested remedy for ......
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Financial Survival in Times of Transition (Part 1 of 2), 07/01/2008
Quarterly newsletter published for the MD chapter of the American Society of Training and Development
A layoff can happen to any of us at any time and no longer carries the stigma it once did. Layoffs are so common today that they are now referred to as “in transition” or “transitioning”. T&D's January 2004 article “New Careers for Trainers” provides hope for trainers facing ......
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Have Your Dreams by Doing Less, 07/01/2008
On Purpose Woman Magazine
Doing what you love + letting others do the rest = SUCCESS! What is your dream of success? Living your passions? Doing what you love most? And do you sometimes feel you do everything in your business other than what you went into business to do? Do all the responsibilities of ......
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CPA as CFA: Your Chief Financial Advisor, 07/01/2008
Baltimore SmartCEO's Big Idea Book
Have you ever thought of your CPA as a Chief Financial Advisor? Traditionally, business owners view their CPA as someone who prepares tax returns or, in the beginning, as help in determining the form of business organization, such as LLC, partnership, corporation, etc. What's wrong with this view? Throughout ......
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Managing Cash Flow for Business Success, 07/01/2008
The Business Monthly
According to the U.S. Department of Commerce, only two out of 10 new small businesses will remain open after five years. That's a failure rate of 80%. Many of the causes of small business failure can be categorized into two major areas: financial and managerial. This article provides a strategy ......
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