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Turing Test
With the onset of generative AI, the Turing Test is more than an interesting thought experiment.
Expect the unexpected
As business managers, we like to think that we control the world. Newsflash – we don’t. The reality is that the economy – regardless of...
Strategy May Be Overrated
Many books on small business start with the development of the strategic plan. A quick perusal of small business books emphasizes...
Embracing the Small Business Difference
Small business finance is very different from publicly traded corporation finance. Furthermore, the difference is much more than just the...
Resilience and Adaptability
The small business manager needs resilience and adaptability more than anything. If business was formulaic, then we would all be...
Cash Conversion Cycle!
CCC stands for more than just the debt rating of a company with poor credit prospects. CCC also stands for Cash Conversion Cycle and it...
Philosophy
The philosopher Eric Hoffer is probably unknown to most business managers. That is more than a bit of a shame. There is one quote in...
Cash Flow Surge
We have repeatedly stressed that the key to success in business, and especially in a small business is cash flow. Cash flow is the vital...
Rethinking Shareholder Wealth
The majority of financial managerial advice is based on the premise of maximizing shareholder wealth. That is fine as a philosophy and is...
The Bohr Model
In Junior High School I was a science geek (still am, for that matter). I had the chemistry sets, the electronic sets, and was into...
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