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finance »

[14 Jul 2009 | No Comment | ]

Tuesday Financial Focus
Apparently, this story is true! In the current economic climate Wells Fargo Bank has become the first bank to implement drastic measures to stimulate the economy. They are suing themselves! Yes, honestly! They have filed a case in Florida which, according to Fox News, clearly states “Wells Fargo Bank NA vs Wells Fargo Bank NA”.
I imagine that the only winners are going to be the lawyers! In this blog just two weeks ago I said that the banks were losing their grip!
For some years (as a speaker) …

finance »

[14 Apr 2009 | No Comment | ]

Tuesday Financial Focus
Have you ever noticed how some people in business seem to find it easy to pick up referrals and others do not? What is it that makes these people easier to refer?
A key part of that success is the elevator speech, the little 60 second introductions that you do at various business meetings. How many people do you know who have a consistent, well delivered and memorable elevator speech? Are they the same people who get more referrals? The key is to be remembered!
Over the years I have …

finance »

[7 Apr 2009 | No Comment | ]

Tuesday Financial Focus
Do you have your finger on the pulse of your business? That’s the cash! At any given time, do you know who owes you what? In this age of the computer it should be a simple enough task to hit a key and instantly get a report of how much is owed. We call that the WSP report or the “who should pay” report.
Small businesses are more guilty than most of leaving the financial work to one side, and then trying to catch up with it all at …

marketing »

[31 Mar 2009 | No Comment | ]

Tuesday Financial Focus
Henry Ford once said “if I was down to my last dollar, I would spend it on marketing”! And, it took me a long time to learn about the importance of marketing.
Albert Einstein once said “everything should be made as simple as possible, and no simpler than that”! Both Henry Ford and Albert Einstein feature on page 1 of the Operations Manual at Proactive, to remind us of the importance of simple core values like these.
Does your business have a marketing plan? Does it have a business plan …

finance »

[24 Mar 2009 | No Comment | ]

Tuesday Financial Focus
There are many book keeping packages on the market and I imagine that the latest versions of most of them allow the user to send invoices as PDF attachments. If you’re not already sending out your invoices electronically maybe you should be asking yourself why not?
We switched from using tailor made spreadsheets loaded with macros, to using VT Transaction in mid 2008. VT integrates easily with your email client (Outlook Express, Eudora, etc) and makes billing far simpler. In the old days, the paper exercise used to take …