https://www.castanet.net/edition/news-story--972-.htm Thu, 10 Oct 2019 11:22:39 PDT Updated every 10 minutes - FOR PERSONAL USE ONLY Copyright: (C) Castanet.net https://www.castanet.net/rss/ https://www.castanet.net/main_images/logos/KelownaLogos/Castanet_Logo.jpg https://www.castanet.net/edition/news-story--972-.htm https://www.castanet.net/news/Common-Sense-Business-Solutions/147813/Let-the-fat-boy-lead https://www.castanet.net/news/Common-Sense-Business-Solutions/147813/Let-the-fat-boy-lead Fri, 18 Sep 2015 05:00:00 PDT Contributed All businesses have a flow of product or documents. All businesses also have a “pinch point” or bottleneck that slows the overall results. In 1997, I read Eliyahu Goldratt's book, The Goal. This is a wonderful business book that is written as a love story and can be gobbled up in a we... https://www.castanet.net/news/Common-Sense-Business-Solutions/146759/The-ball-and-chain https://www.castanet.net/news/Common-Sense-Business-Solutions/146759/The-ball-and-chain Fri, 04 Sep 2015 05:00:00 PDT Contributed I have been pleasantly surprised of late to speak with business owners who understand the impact of fixed versus variable costs. A fixed cost is one that must be paid each and every month regardless of how well the business is doing. This applies to all debt, mortgages, salaried employees, equipm... https://www.castanet.net/news/Common-Sense-Business-Solutions/146165/Your-business-is-not-a-bank https://www.castanet.net/news/Common-Sense-Business-Solutions/146165/Your-business-is-not-a-bank Fri, 21 Aug 2015 05:00:00 PDT Contributed Your plumbing business is not a bank. But when you are giving terms to customers that exceed what you get from your suppliers, you become one. And every time that someone does not pay you, you are a bank. But unlike a bank, your company does not have the resources to continue paying employees and su... https://www.castanet.net/news/Common-Sense-Business-Solutions/145469/Busy-but-not-winning https://www.castanet.net/news/Common-Sense-Business-Solutions/145469/Busy-but-not-winning Fri, 07 Aug 2015 05:00:00 PDT Contributed I have several clients and a number of friends and colleagues who equate busy time with productivity. But, being “busy” does not always equate to being effective. Ineffective people abound. From outside they are hard at work with paper, phone calls, emails, meetings and more meetings. Th...