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Cash Management is as critical to your business as breathing in and out. The efficient use of money is not just about having more cash coming in than going out, but the timing of cash arriving and leaving the business. Have your finger on the pulse by understanding the language of business - the numbers.
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Time Management is about balancing the usage of time "in" and "on" your business. Efficiency and productivity are dependent on how this limited resource is used to grow and sustain the business. Prioritize actions based on their importance and level of urgency. If everything is important, nothing is.
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Effective management of the constraints and congestion of systems, processes and procedures has a significant impact on the flow and capacity of the business. This allows for decreased costs and increased profitability through consistency and repeatability.
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The only real complexity being managed in the business is the human being. It starts with the owner of the business, then its customers/clients, employees, vendors and strategic partnerships. Whether it's related to leadership, training, marketing or sales, people are the only growing capital asset the business has.
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