Excess Compensation

How much is too much? How much is enough? What’s fair and who decides? Only the marketplace knows. Compensation decisions are some of the most important and difficult decisions that business owners have to make. Ultimately, the amount of money available for...

Two Handed Economists Forecasts Prudent Management

Despite the continuation of moderately positive economic indicators, questions about an economic slowdown and possible recession are frequent topics of conversation. Why the concern? Well, perhaps it’s because nothing lasts forever and we all realize that the...

Demand

The total revenue of any product or service is a function of the price and the quantity sold. The “law of demand” states that there exists a negative relationship between price and quantity demanded. That means, if the price goes up, less will be demanded,...

Budget Business

It’s that time of year again. The big companies started “doing it” awhile ago. Most smaller businesses are just getting started. Some will still be “doing it” in January and some others won’t even give “it” a try....

Debt, Darling Or Devil?

The torch of business leadership is passing from the generation that lived through the depression to the generation known as the “baby boomers”. Despite the obvious age differential , the attitudes of the two generations on a variety of business issues are...