THOUGHT FOR THE DAY
Profit
“A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them. ”
- John C. Maxwell
TOPIC OF THE DAY
HOW TO KEEP SCORE IN BUSINESS
In business, the score is kept in dollars. The system of accounting provides the rules for keeping score. Some people don't understand keeping score in football. They get mixed up about touchdowns, safeties, field goals, and points after. And when there is talk of sacks, percentage completions, and yards per carry, they go blank.
A lot of people don't understand keeping score in business. They get mixed up about profits, assets, cash flow, and return on investment. Discounted cash flow, current ratio, and book value per share leave them blank.
Read on.....
LATEST ARRIVALS
Data Driven: profiting from your most important business asset by Thomas C. Redman
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