Improving Policies and Procedures for Better Cash Flow

As 2009 comes to a close many business owners are reflecting on the year and strategizing on how and what they can improve on in order to achieve or continue business success in 2010.

Cash flow is a common area that business owners are usually looking to improve upon. Proper cash flow can eliminate headaches and put a business owner at ease.

In an article posted on Small Business Trends, Denise O’Berry talks about proper credit policies and procedures can help minimize your cash flow risk.

“Along with slowing sales, many small businesses are encountering difficulty collecting on money that is owed to their business. A recent Intuit Payroll Survey of over 1000 small businesses indicated about 50% are having this problem. Is your business one of them?”

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Energizing Your Organization

As 2009 is starting to wind down and come to a close, many business owners and employees can look back and agree that with the tough economy, 2009 was a year full of challenges and some uphill battles. A lot of owners, however, saw how strong their companies are and can be as well as how incredible their employees are. As a business owner, you need to make sure your company is ready as well as your team for 2010 so you can reach your business goals.

In a article posted on Harvard Business Blog, John Baldoni, talks about using your salesmanship to energize your employees.

“What do Jerry Jones, owner of the Dallas Cowboys, and Steve Ballmer, CEO of Microsoft, have in common? Not only are both shrewd businessmen who have increased the net worth of their respective organizations substantially, both serve as de facto CSOs, "chief sales officers".”

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Protecting Yourself and Your Company from H1N1

As winter approaches, business owners may start seeing employees taking sick days as common colds and the flu start spreading. Business owners should be especially concerned with the spread of the H1N1 virus, also known as the Swine Flu.

It is always a good idea to have a plan in place for your business should something like the H1N1 affect your office. You don’t want your business goals to be affected because of this. If the flu should affect several people in your office it can be detrimental to your business and affect your business success.

H1N1 is contagious and is typically spread from human to human through coughing and sneezing by someone who has the virus. Symptoms of the H1N1 virus include:

• Fever
• Cough
• Sore throat
• Runny or stuffy nose
• Body aches
• Chills
• Headaches
• Fatigue

The H1N1 virus can spread rapidly and has the potential to infect an entire office at one time. To help prevent the spread of the virus, the Center for Disease Control (CDC) recommends taking the following precautions:

• Get the H1N1 vaccine
• Wash your hands oftehn with soap and water. If soap is not available, use an alcohol based hand sanitizer
• Avoid touching your eyes, nose and mouth
• Try to avoid close contact with those who are infected with the virus

For more information on the H1N1 virus, please visit the CDC Web site at http://www.cdc.gov/.