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The Business Automation Imperative: Why Getting Ahead of the Curve is Crucial
This article was contributed by Bill Lawrence, a Principal of Revitalization Partners. It was first published in the King County Bar Association newsletter. There is no question that small to medium size businesses (SMB) have had to make major changes to their...
The Need for Independent Board Directors
Most small and mid-sized businesses already have a board of directors. In fact, if they are organized as a corporation, they are required to have a board. But many of these boards are made up of family members in a family- owned business or friends and sometimes...
You Can’t Fix Stupid
Normally this blog posts articles related to distressed companies, management concepts and financial management or activities. This week is different. This blog is about the country, which is in as much difficulty as any distressed company. ...
Managing the Post Pandemic Business
The world has changed. We don’t really know how much yet, but we do know that some things will never be the same. According to the National Federation of Independent Business, some 92% of small business aid they had suffered negative effects as a result of the...
When PPP Isn’t Enough
The Paycheck Protection Program (PPP), along with other federal and state initiatives, helped many business stay afloat during the COVID-19 pandemic. Now that the U.S. Small Business Administration (SBA) stopped accepting new PPP applications from most lenders...
Why Cash Flow is More Important than Profits
Many equate the success of a company to its reported profits. While profits are good, they do not represent the financial standing of any given company. It is quite possible for a company to report profits while at the same time being on its way to going out of...
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