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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

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How To Effectively Manage Business Costs

YoungUpstarts

There is an old management adage which says that “you cannot manage what you cannot measure” This saying may be true in all parts of a company, but is especially pertinent in finance. We’ve read so much about companies and businesses going under due to poor financial management.

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How and Why to Manage Cash Flow

Up and Running

Yet the world is full of “profitable” companies bleeding themselves dry and slowly — or sometimes not-so-slowly — going under because they haven’t paid due attention to cash flow. And when you don’t manage cash flow in your business, the lights go out for you and your enterprise too. Cash is your business’s lifeblood; its survival.

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How To Determine The Value Of A Small Business 

YoungUpstarts

Intangible property means trademarks, patents, copyrights, software and even reputation and trust of customers. For example, loans, credits, staff’s salary, and other expenses which may produce the debt of the business are ranked as its liabilities. Calculate the profit of your business. How the company net profit is determined?

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10 Tips For Remodelers To Become More Profitable In 2017 by Mike Bruno

Mike Michalowicz

Balance sheets and P&L statements help contractors monitor their overall financial performance, showing comparative data on assets versus liabilities, capital, gross profit, and so on. Tip 3: Most contractors are misguided when it comes to reviewing reports, and are comparing apples to oranges. Mark Richardson).

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How to Create an Expense Budget

Up and Running

An expense budget is part of the bread-and-butter basics of good management. Set your budget as a goal, then review and revise often to stay on track. Being right on budget is usually good, but good management takes the regular review to check on the timing, efficiency, and results of what your business spends.

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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

You want to review all the different components of your business model. Up-to-code kitchen with three-compartment sink and grease trap. Next, you want to list organization and management of your daycare center. Software costs. What sets you apart? How will you grow? What makes your daycare center unique? Projected costs.