by Chris Reich | Sep 18, 2011 | General Business
For Sale: Growing and Profitable BusinessPut that ad in any newspaper and the phone will ring before the ink dries.There is demand for businesses that are making money. There are millions of people with “nest eggs” who would trade their boss for a business...
by Chris Reich | Sep 11, 2011 | General Business
Lately I’ve been hearing from many businesses that are saddled with debt. Not just your typical operating cash-flow debt, big debt. Big debt is dangerous and constrictive. The guys who get rich have cash during the worst of times. They go shopping. Those who...
by Chris Reich | Sep 4, 2011 | General Business
As we head into Labor Day, let me ask that we stop blaming the working people for all the woes of business.I’m sick of handing over our manufacturing base to China because our “labor costs are too high”. Nonsense. We are addicted to low...
by Chris Reich | Sep 3, 2011 | General Business
Seth Godin wrote on July 25th, 2011:”The unhappy theory of business ethics is this: you have a fiduciary responsibility to maximize profit. Period. To do anything other than that is to cheat your investors. And in a competitive world, you don’t have much...