Category: Cash Flow, Profitability, Credit, Collections
How can you make good business decisions in bad economic times? Steve Martin talks with Jim Blasingame about adjusting your decision-making process to fit the new realities of the marketplace, including how to take advantage of new opportunities.
The economic recovery is going to be a long process, according to Jim Blasingame, as he discusses his thoughts on the patience and resolve small businesses are going to need to ride out an extended recovery period.
Reporting on small business economic conditions, Bill Dunkelberg joins Jim Blasingame to review this months's NFIB report, including small business confidence levels, employment trends, inventory levels, etc.
Negotiating with creditors can be a very complicated issue, and Jerry Silberman reveals tips and best practices with Jim Blasingame, including how to find leverage and how to get help.
How do you know when to merely make adjust and when to completely reinvent? Jane Pollak talks to Jim Blasingame about the need to constantly check your competitive position in the marketplace to know when to adjust and when to reinvent.
Are you capable of initiating a negotiation? Roger Volkema talks to Jim Blasingame about why you should attempt to initiate a negotiation whenever possible and how to do it. Don't be afraid to ask for what you want - the worst that can happen is they say no.
How does the valuation process work when buying or selling a small business. Andrew Sherman talks to Jim Blasingame about the uptick in mergers and acquisitions, whether now is a good time to buy or to sell, and how a buyer will evaluate a prospective business to buy.
Surveying the credit landscape, how is it looking for small businesses? Tom Markel joins Jim Blasingame to reveal where the opportunities and challenges are for small businesses to get credit, including for start-ups. One source they discuss is an increase in private lending.
Do you know how to prioritize who to pay when cash is tight? Jerry Silberman joins Jim Blasingame to discuss how to get the help you need when creditors are calling and you need help managing the cash flow that you have. Don't wait until it's too late to get help.
What are your management peers saying about the economy? Bill Soward joins Jim Blasingame to report on the most recent survey of business managers concerning the recession and possibility of economic recovery.
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