Paying personal expenses from the company treasury.
During my years as a banker I have seen many cases of small business owners running their personal and household expenses through the company. Things like personal vehicle tags & insurance, gas...
View ArticleYour built in board of directors
Every business no matter how large or small should have a board of directors. The board has many different functions. A few are: promoting the business, aid decision making, setting goals, navigate...
View ArticleThree plus years into a tough economy
Depending on what news channel you watch and what government statistics you read, The US economy is either still in a recession, growing very sluggishly, or has stalled out and is backsliding into a...
View ArticleWhat good is a business plan anyway?
One of the services that Arch Business Consulting provides is the writing of business plans. I'd like to think I'm pretty good at addressing all of the issues necessary for an excellent plan.During my...
View ArticleAlabama Small Business Development Centers
Last Thursday, I had the privilege to travel to Birmingham to attend the Advisory Board meeting of the Alabama SBDC Network.For those of you who aren't familiar with the ASBDC Network let's take a...
View ArticleGlobal Entrepreneurship Monitor - United States Report 2011
I recently came across this very interesting report. It is an assessment of entrepreneurship in America as of 2011. Some key points the report makes is that some 29 million Americans, 12.3% of the...
View ArticleHappy holidays
As you travel over the hills and through the dale to grandmothers house, please take your time. No sense in having an accident which would ruin everybody's holiday spirit. If you are late, grandma...
View ArticleAnother broken dream
Americans are an an entrepreneurial lot of people. I'll give us that much. However we get it wrong all too often. We start our businesses with lots of hope and passion. We pump a lot of our money,...
View ArticleStep back from the forest
I observed a leading economic indicator in action last Friday. I didn't realize it until I stepped back from the trees and looked at the forest. Over the past two weekends I've been doing some...
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