Service Type: Advanced Services

Implementation Ideas

Management: Management has the responsibility to achieve the goals and objectives of an organization through the actions of other people. The Finder: The Finder of the organization delegates to management who then delegate to other people within the organization to achieve the goals and objectives of the organization. Delegation: Delegation requires that management first find... Read more »

Finding Time

Key issue: The Finding time of a business owner usually decreases proportionately as a company grows in size and complexity. Risk: The ability of the business to grow and to succeed is at risk when the Finder begins to be pushed into Minding and Grinding activities. The strategy: Create a strategic plan that will help... Read more »

Strategic Planning

Definition: A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them. [1] Working backward: In contrast to long-term planning (which begins with the current status and lays down a path to meet estimated future needs), strategic planning begins with... Read more »

Intercompany Transactions

Definition: An intercompany transaction is one between a parent company and its subsidiaries or other related entities. Unintended consequences: Intercompany transactions often cause problems with the relationship between a parent company and its bankers and lenders. Reasons why: The reasons are many, but the key issues relate to taking cash and other assets away from... Read more »


This article: This article contains some of the concerns banks have regarding the subject of diversification of customers as well as some of the strategic concerns a business owner should consider regarding diversification of banking relationships. Customers: Bankers will look at the diversification of the number and types of customers when considering issuing a line... Read more »

Debt Refinancing

Definition: In debt refinancing, a borrower applies for a new loan or debt instrument that has better terms than a previous contract and can be used to pay down the previous obligation. An example of a refinancing would be applying for a new, cheaper loan and using the proceeds from that loan to pay off the liabilities... Read more »

Business Plans

Definition: A business plan is a written document that describes in detail how a business is going to achieve its goals. A business plan lays out a written plan from a marketing, financial and operational viewpoint. Sometimes, a business plan is prepared for an established business that is moving in a new direction. ( Elements:... Read more »