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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...
The Importance of the Timing of Cash Flows*
I recently read a wonderful brief written by a marketing professor for his marketing students. The reason for writing the brief was that...
Customer Empathy
Business is about people selling goods and service to other people. All people-to-people interactions, and especially business...
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...
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