Posted by: Ken Moll
It’s March 2020, and there’s a great spirit of fear — even a global fear. It’s the Coronavirus. By any sense, here’s what it looks like at this point:
Now, I’m not saying we shouldn’t take this seriously. And, by all ...
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How do you measure your organization’s Working Capital?
What comes to mind when you hear the term Working Capital?
If you’re like most people, you probably think of cash on hand. But, it’s more than just that.
The technical definition is Current Assets minus Current Liabilities.
You will find the elements you need on your organization’s Balance Sheet.
First, Current Assets includes cash. Additionally, it also includes other assets that will be converted to cash or used up in the ...
Continue Reading →Posted by: Ken Moll
Birds of a feather flock together. Have you heard that saying?
There’s a certain phenomenon in life and business: Shiny objects attract attention. And, attention attracts attention.
I’m sure you can probably think of certain crazes or fads you’ve ...
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This isn’t an article about why you should be setting goals. But, rather how to set goals.
As the saying goes, “A dream or a goal without a plan is only a wish.”
Here are some typical goals for a business or organization:
Posted by: Ken Moll
As I reflect back on my personal experience in five different decades, my hope is to impart wisdom from a blazed trail.
If a “blazed trail” is not a familiar term, here’s some history: The term “Blazed trail” reflects back to the days of mountain men, trail guides, etc. These pioneers, when traversing large expanses of unfamiliar wilderness territory, would take their hatchet and “blaze” (e.g., mark) trees. This way, future passers-by could travel with confidence ...
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In the cycle of life, a plateau is called maturity. The cycle of life is this: birth, growth, maturity, decline, and then ….
The business cycle follows this same natural cycle. Start-up, growth, maturity (e.g., a plateau), decline. Left unto itself, your business or organization is likely going to follow that natural progression.
Ask your typical entrepreneur. Start-up is fun. Growth is pretty cool. Plateaus and declines – not so much.
You and your organization are somewhere in the ...
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