Should two small companies share manufacturing space?
Offices & Operations mentor Charles J. Bodenstab responds to the following question from an inc.com user: Is it a good idea to ... Read more
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Offices & Operations mentor Charles J. Bodenstab responds to the following question from an inc.com user: Is it a good idea to ... Read more
Offices & Operations mentor Charles Bodenstab responds to the following question from an inc.com user: I am the president of a ... Read more
Keeping the relationship professional is the key to successful borrowing from close acquaintances. Read more
Borrowing capital from family, friends, employees. Read more
To monitor a company's creditworthiness, lenders like to see periodic operating statements, which usually come in the form of a no-frills computer printou... Read more
Whether you win or lose in business may depend on how you read the numbers. Here's a way to make them work for you Read more
"There's an adage I always keep in mind: If you've got a choice between brilliance, luck, and timing, take timing first, luck second, and brilliance third... Read more
Many company owners would sooner sell the business than set up an outside board, but what about one composed almost entirely of your heirs? At Battery &a... Read more
Offices & Operations mentor Charles J. Bodenstab responds: A credit report on the potential customer is a good starting point, but I... Read more
Offices & Operations mentor Charles J. Bodenstab responds: I suggest your first step be the firm establishment of the key parameters... Read more
Offices & Operations mentor Charles Bodenstab responds: The answer to this question is directly related to the nature of your busine... Read more
Offices & Operations mentor Charles Bodenstab responds: Obviously there is no quick answer to this problem since it depends on how... Read more
Offices & Operations mentor Charles J. Bodenstab responds: Every small business should make a business plan, although a plan that ... Read more
There is a very simple reason why Charles J. Bodenstab misses the excitement and glamour of a Fortune 500 company ("What I Miss About the Fortune 500," Ex... Read more
The quicker inventory turns, the less cash you tie up. Read more
Offices & Operations mentor Charles J. Bodenstab responds: There is no magical answer to this classic lament. An article I once wr... Read more
Bankers and investors are quick to complain that most business plans they get from hopeful entrepreneurs aren't worth the paper they're written on. Too ma... Read more
Unfortunately, sending an invoice doesn't always result in getting paid. If you're having trouble with slow-paying or nonpaying customers, you need to dev... Read more
Unfortunately, sending an invoice doesn't always result in getting paid. If you're having trouble with slow-paying or nonpaying customers, you need to dev... Read more
Unfortunately, sending an invoice doesn't always result in getting paid. If you're having trouble with slow-paying or nonpaying customers, you need to dev... Read more
What to do if your customers are taking too long to pay their bills. Read more
Advice on dealing with inventory shortfalls. Read more
Various sources for verifying customer credit histories. Read more
How to track the vital signs of your business' overall health. Read more
What do you think the most important trend affecting small business will be? How best can owners position their companies to take advantage of it? We pose... Read more
Why your company should have an annual business plan. Read more
Profile of a new-type entrepreneur and the beginnings of her children's food company. Read more
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