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    Ten Things You Should Focus on to Transform Your Finance Function
    1. Optimizing processes Documenting and standardizing processes to minimize exceptions and improve efficiency. Staff should always be knowledgeable on these processes.2. Control environment A key finance function objective is protecting assets. Ensuring critical controls, policies and procedures are in place is crucial, while at the same time not creating bottlenecks in the organization.3. Optimizing available technology Ensuring processes are appropriately enabled by
    dn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in pe

    Corporate America's Scary Pension Tactics: Why You Should Look Online To Insure Your Future
    Let me ask you a question. What's your freedom worth? How about your livelihood? Lately floating around in the headlines United Airlines has cut pension benefits causing mass concern to blue collar workers in the United States. The court ordered decision to support such cuts has led many to believe that it won't be long before other companies follow suit.Has the long held belief that pensions are safe been challenged? You bet! It happened right under our noses. The really nasty policy changes and business tactics that you ar
    Have you ever been about to say yes to a proposal, but something held you back?

    Maybe it was a barely perceptible inner voice that said: “I don’t trust this person!”

    Do you wonder where it comes from? This judgment, that we’re in the presence of someone who is going to let us down, or perhaps has already secretly decided to take advantage?

    This only happens to me rarely, but when it does, my first response is to give whatever proposal I’m considering at least a little more time. If someone is trying to con you, generally that’s one thing he’ll avoid, because he wants you to act impulsively, to overcome your natural inhibitions and self-protective instincts.

    But creating a time buffer isn’t always sufficient, because some people are perpetrating “the long con.” This, by definition, is a scheme that takes place over time. It’s a big stakes game, requiring deeper and deeper trust on the part of the victim, the mark.

    In fact, in a long con, the perpetrator may challenge the mark to take his time, showing what appears to be nonchalance and all of the patience in the world. The mark is induced to feel that he sets the pace. Nobody is pressuring him, no sir!

    I believe there are some telltale signs that we’re dealing with someone we shouldn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in per

    Franchise Outlet Training and New Hires
    Often in franchising, franchise outlets will have turnover of key personnel. They may seek the services of the franchisor to train the new employee. In some cases franchise or training of managers may actually be required to be done by the franchise himself. This is done to maintain consistency and quality control in the franchise outlets throughout the system.We noticed that in our franchising company this became a very serious issue. In this day and age where employees hold jobs for an average of 3.2 yrs. you can see th
    retly decided to take advantage?

    This only happens to me rarely, but when it does, my first response is to give whatever proposal I’m considering at least a little more time. If someone is trying to con you, generally that’s one thing he’ll avoid, because he wants you to act impulsively, to overcome your natural inhibitions and self-protective instincts.

    But creating a time buffer isn’t always sufficient, because some people are perpetrating “the long con.” This, by definition, is a scheme that takes place over time. It’s a big stakes game, requiring deeper and deeper trust on the part of the victim, the mark.

    In fact, in a long con, the perpetrator may challenge the mark to take his time, showing what appears to be nonchalance and all of the patience in the world. The mark is induced to feel that he sets the pace. Nobody is pressuring him, no sir!

    I believe there are some telltale signs that we’re dealing with someone we shouldn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in pe

    Buying Back Customers
    Five other peoples joined us for dinner. My wife and I ordered “medium rare.” We were served “well done.” Three others in our group weren’t happy with their dinners as well. I didn’t cross the establishment off my list. I complained.I’m a writer. I write. I complain. I’m also a teller. I tell people. I tell people when I’m happy. I tell people when I’m irritated. I tell people about my experiences. Most people are simply tellers. They tell their friends about places where they should go, and they tell about places they shoul
    hibitions and self-protective instincts.

    But creating a time buffer isn’t always sufficient, because some people are perpetrating “the long con.” This, by definition, is a scheme that takes place over time. It’s a big stakes game, requiring deeper and deeper trust on the part of the victim, the mark.

    In fact, in a long con, the perpetrator may challenge the mark to take his time, showing what appears to be nonchalance and all of the patience in the world. The mark is induced to feel that he sets the pace. Nobody is pressuring him, no sir!

    I believe there are some telltale signs that we’re dealing with someone we shouldn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in pe

    The Biggest Myth about Multiple Streams of Income
    What are Multiple Streams of Income?If you’re familiar with many success books, authors or speakers, then you’ve probably heard this very common tip about how to become wealthy: Take advantage of Multiple Streams of Income. The idea is that you should set up a number of different avenues that generate cash for you and if there is a problem with one avenue, the others will still provide a steady cashflow. So maybe you have some real estate deals here, a few businesses there, some investments there, etc…. If real estate slows
    , in a long con, the perpetrator may challenge the mark to take his time, showing what appears to be nonchalance and all of the patience in the world. The mark is induced to feel that he sets the pace. Nobody is pressuring him, no sir!

    I believe there are some telltale signs that we’re dealing with someone we shouldn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in pe

    Limitations on S Corporations
    It may be a good decision for small business owners to choose to be treated as an S corporation for Federal tax purposes. This allows income to flow through the corporation without being taxed until it is claimed as income by the shareholders. This avoids double taxation of corporate income. This may be the right decision for your new company, but you should discuss this thoroughly with your accountant before you decide. The following are the limitations on S corporations that you should consider:1. No more than 100 shareh
    dn’t trust:

    (1) Explicit Contradictions

    Do they tell you one thing on a certain occasion, and then the story seems noticeably out of alignment a short time later?

    For instance, a person who claims to be a fitness nut over the phone, but who steps outside for frequent smoking breaks when you meet, in person, is conning himself.

    How can he be straight with you?

    (2) Implicit Contradictions

    A person who claims to be financially well off but who drives a car with vintage body damage is either eccentric or it’s more likely that he used the insurance proceeds from the crash to pay other pressing bills. Holes in the shoes and poor or ragged haircuts tell a similar story.

    I realize that there are frugal people who are millionaires, and one famous billionaire, Warren Buffett, is known to drive modest cars and to still live in the house he occupied when he was just starting his career. Still, he may not be my definition of dapper, but he’s presentable.

    (3) His Supporting Cast: Are They Supportive?

    Few of us operate all by ourselves. We have cohorts around us. How do they perform? Are they at ease, attending to their own business, or are they showing signs that they’re monitoring your interaction with the guy you suspect of being untrustworthy? If they pay too much attention to how he’s doing with you, whether you’re falling under the spell, or if they seem hostile toward him, that’s a tip-off all is not well.

    (4) Are You In The Presence of A Predator?

    We all have a sixth sense for danger, though I believe we’ve been talked out

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