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    The 3 Critical Financial Statements
    There are three vital statements for understanding the condition of a business or entity: (1) the Profit and Loss Statement, (2) the Balance Sheet and (3) the Sources and Uses Statement. Each of them provides a different perspective of how an entity is operating. Combined, they show examiners the health of the business. Each statement reflects a different perspective on the business' financial operations.The first statement, the Profit and Loss, can also be called the Income Statement. It documents the amount of money coming into the entity (the income) and the
    or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you atte
    Where Business Ideas Come From
    I was reading the local paper and came across a picture of the cleanest garage I ever saw. In addition to a picture of the garage there was a picture of a gentlemen, in his late 60's cleaning the cobwebs with an extension pole. I thought to myself I have never seen a garage so clean in my life. The accompanying article was discussing how this individual and another had painted and put cabinets in their garages, and how you could eat off this garage floor. Now we have all seen those storage cabinets for garages, but how many of us ever get them and if we do, don't
    Work is where most people spend the majority of their waking hours. Not with their family. Not with their friends. Not doing their hobbies. But doing what they want or have to do to make a living. Work. Unfortunately most people are not happy with where they work, who they work with or what they do. And some people hate work. There is hope. You can love work. It is not easy but it is better than being miserable day in and day out.

    Hours

    What are your work hours? 7-7. 9-5. 8-4. Whatever your “scheduled hours” are, unless you are CEO, you are probably putting in more hours than you are paid for. Start by working your “scheduled hours” and only you scheduled hours. If you find that you need to work more hours you need to step back and ask yourself “why?” if you are not being paid for those hours.

    E-Mail

    How often do you check your e-mail? Once per day? Twice per day? Hourly? On the weekends? In the evening? Again, unless you are the CEO, if you check your e-mail more than twice per day during each “work” day, you need to ask yourself “why?”

    Meetings

    How many meetings do you attend per day? Are they all mandatory or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you atten

    Business Experience Verses Business Education
    Many years ago I had a friend who was extremely intelligent, had a photographic memory, and finished university with top marks in business administration. He had all the credentials to get a great job.Sounds good for the most part, wouldn’t you say!! Maybe even a nice boy who you would want to marry your daughter!! Shortly after finishing school he landed a job working for the owner of this large company, whose business did millions a year in revenue.The person he worked for was old world, very little formal business education, and built a wonderful business
    at they do. And some people hate work. There is hope. You can love work. It is not easy but it is better than being miserable day in and day out.

    Hours

    What are your work hours? 7-7. 9-5. 8-4. Whatever your “scheduled hours” are, unless you are CEO, you are probably putting in more hours than you are paid for. Start by working your “scheduled hours” and only you scheduled hours. If you find that you need to work more hours you need to step back and ask yourself “why?” if you are not being paid for those hours.

    E-Mail

    How often do you check your e-mail? Once per day? Twice per day? Hourly? On the weekends? In the evening? Again, unless you are the CEO, if you check your e-mail more than twice per day during each “work” day, you need to ask yourself “why?”

    Meetings

    How many meetings do you attend per day? Are they all mandatory or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you atte

    What Are You Worth
    My millionaire mentor taught me another way you can quickly increase your income is to find out what are you worth. Let’s say you work for one company. Can you go out and look for more job options with other companies? To be in a stronger position to negotiate what you want to have is at least 3 or more alternatives where you could work.If you had 3 or 4 companies that would be interested in your services (you would have to go out and investigate that and find out what you are worth), then you can go back and negotiate with your current employer – “look I’m consider
    more hours than you are paid for. Start by working your “scheduled hours” and only you scheduled hours. If you find that you need to work more hours you need to step back and ask yourself “why?” if you are not being paid for those hours.

    E-Mail

    How often do you check your e-mail? Once per day? Twice per day? Hourly? On the weekends? In the evening? Again, unless you are the CEO, if you check your e-mail more than twice per day during each “work” day, you need to ask yourself “why?”

    Meetings

    How many meetings do you attend per day? Are they all mandatory or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you atte

    In Business, Writing Well is a Necessity
    You can all relax. This is not a grammar lesson.It is not enough to do a good job. You must also give the appearances of doing a good job. That is why writing well is so important. Writing well is not an add-on to your job skills. It is a central part of it. Your writing must communicate you doing a good job. Many who read your reports will never meet you. Yet they have powerful influences over your career. Their only vision of you is through your writings.Since only your writings are available to them, the writing must be outstanding. You are outstanding. Yo
    Once per day? Twice per day? Hourly? On the weekends? In the evening? Again, unless you are the CEO, if you check your e-mail more than twice per day during each “work” day, you need to ask yourself “why?”

    Meetings

    How many meetings do you attend per day? Are they all mandatory or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you atte

    Medical Billing For Critical Illness
    It is highly probable that every person would suffer some form of critical illness at one point or other. Would you have enough money to cover lost income and pay for medical billing and other related rehabilitation costs? The general high cost of healthcare is another important factor.It has often been said that with current advanced medical technology, people are expected to live longer. So, to sustain oneself and pay for medical billing, critical illness insurance is necessary.Many people are now surviving the ravages of a dreaded disease, but in the pr
    or can you not pass up the opportunity to be at a meeting. Regardless of what is said about “matrix management”, do not attend a meeting unless you boss tells you to attend it. If someone other than your boss asks (or tells) you to attend a meeting – fly it by your boss first before you attend it. The number of meetings that you attend will drop significantly.

    Entrepreneur

    Whether you are the mail room clerk or the CEO, do you view the company as your business? How would you run it as your business? Well it is your business. View it as such every day. Make decisions as if it was your business and any expense or expenditure of time was coming from your personal account or wallet. It changes your perspective of the workplace and the company.

    Leisure Time

    When not at work, are you at work? Do you check your e-mail? Do you call in for voice mail? Do you bring work home? Or do you do other things such as jog, garden, white water raft or collect antiques. How you spend your leisure time is very important. It is a break from work. It is an opportunity to relax and stretch you mind – and body – in a different way than at work.

    Co-Workers

    Do you love or hate the people you work with? Do you socialize with them? Do you talk to them when not at work? Work is work. Outside of work is for you. Beyond those you need to work with, only spend time with those who share interests, likes, dislikes and views similar t

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