Tag Archives: why companies fail

June 5, 2009

1st Deadly Sin: Sloppy Accounting!

I devour Fortune Small Business magazine monthly; my favorite section is “Start-up: Taking Ownership” by Jay Goltz a very savy man who is the author of “The Street-Smart Entrepreneur”.  I’ll read that this summer over a beer on the beach. The June column is entitled “Seven Deadly Sins” in which he defines the ‘business-killing traps […]

Historic
May 7, 2009

Be your own CFO!

“Every business owner needs to be his or her own CFO!” So says Jay Goltz in the May 2009 issue of Fortune Small Business, page 17.  I couldn’t agree more! “Delegating that task to a bookkeeper or an outside accounting firm means putting your life into their hands.  They generally don’t know the ins and […]

Job cost accounting, Management Theory, Surviving the recession