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Benefits of Franchising
Careful thought must be undertaken with any major financial decision you make.

Other financial decision Related Articles

Benefits of Franchising
Careful thought must be undertaken with any major financial decision you make.

Working with Ethical Gray Areas
The bottom line in leadership is that ethics cannot be codified or dictated. Ethical behavior is dependent upon the judgment and decision making by the leader. The best leaders are consistent and deliberate in their decisions when ethical gray is present. They communicate the decision, and more importantly, the reasons for their decision. They often collaborate the decision, not to cover their rear ends, but to seek wise counsel and tap into the judgment of others.

Thoughts On Google And China
Google’s decision to second-guess its relationship with China has raised some interesting questions recently. Namely, whether Google’s decision sprang from their moral opposition to censorship, or simply from a decreased financial interest in a country with a much more popular search engine, known as Baidu. So far, the controversy appears to be more of a commercial, as opposed to a political dilemma. A private, business-related concern. But whenever the question of morality, of a battle between good (Google) and evil, comes into play in the news, you can be sure that the blogosphere will start freaking out.

Anatomy Of A Buying Decision
Before your prospect makes the decision to buy your product or service, four decisions must be made. For the most part these decisions will be made inside their heads or in conjunction with others depending on whether it is a joint decision making process or not. In small to medium sized businesses one person may make the buying decision, but in larger companies it is usual for the decision be made by a group of people. Whatever the amount of people involved in the buying decision, the same four decisions must be answered.
7 Ways to Name Your Prospect
In the maze of corporate America it is sometimes very difficult to discover with whom you should speak. There could be multiple decision-makers or there could be only one decision-maker. And, of course, they’re never listed as “decision-maker” in the company directory.
Closing for a Commitment or Settling for an Agreement?
There comes a time when all your hard work and preparation come together, and the time is right to go for closure! This is the moment you go for commitment. In business, whenever people interact, they make decisions ― a decision to talk, a decision to listen, a decision to act on a recommendation. Ideally, as a leader you want your followers to make decisions that are both well-informed and high in confidence. The reason for this is two-fold. First, the higher your followers are in confidence when they reach a final decision, the more effort and quality they will put into carrying through that decision.

Advice for Buying an Established Small Business – Does your business due diligence checklist confirm the business sellers’ financial claims?
When buying an established small business, it is imperative to have a business due diligence checklist to ensure the sellers' financial claims are accurate. Remember to take your time and do not be persuaded to rush through any part of your due diligence checklist. This is a big decision and your future financial situation is at stake. If you have covered absolutely everything at every stage of the process there will be far less room for mistakes or even regrets. Educate yourself on buying an established small business by talking to other business owners and professionals who have had years experience and can offer sound, honest information to help you make an informed decision about your future.
Financial Literacy for Business Owners & CEO’s: Do You Know & Understand Your Numbers?
In a study conducted by the Business Literacy Institute, the average business owner and executive scored only 38% on tests of financial literacy. Business Owners and CEO’s do not need to be CPA’s or MBA’s to be effective. They do need to have access to timely, accurate and meaningful financial reports and they must be able to intelligently use that information in their decision-making. Managing by your check book balance will not lead to long-term success.
4 Most Important Members of Your Financial Team
When it comes to your financial success, there are certain professionals who should definitely be on your financial team. They include an accountant, estate lawyer, financial coach and financial advisor. These professionals play an important role in helping you achieve your money goals. Here’s why each professional can be an asset on your financial team:
4 Ways to Increase Your Financial IQ
Having a high financial IQ means the most when it comes to your financial success. A high financial IQ means you make smart financial decisions and take the right action to better your financial circumstances. Here are four ways to begin building your financial IQ today!:
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