A growing business adds customers, expands inventory, buys equipment, and hires new staff. The future looks great on paper, but the additional expenses bring a cash crunch, particularly if collections are slow.
In the past year, I've learned that a little laziness and a lot of assuming can cost big bucks. First it was our radiology badges—I assumed we all paid about the same price for this service. But when an astute colleague asked about the going rate in our area, I learned I was paying four times more than some of my colleagues!
Gift lists are the hallmark of the holiday season and the well-organized mind.
Shopping duties, generally anticipated as a fun activity, tend to quickly be
completed as compared to other lists that occur at year-end. Issues of business
management are procrastinated to a much greater extent.