Wednesday, May 16, 2012

A Musical Explanation for Economics

A Musical Explanation for Economics and the Economy
Musical Economics Videos

Economics and small business finance are difficult topics to understand under almost all circumstances. It is hard to find concise and practical explanations about both the economy and financial matters. I already spend a great deal of time writing about realistic business solutions for complicated small business finance problems. Some time ago I began to incorporate more video presentations when explaining commercial financing and business finance planning. A recent example is entitled "What Is Musical Economics?" and as I hope you will see when you review it, satire is a useful communication method to convey many complex issues such as Zombie Banks.

Tuesday, May 8, 2012

Commercial Finance Planning Video Presentations

For complex topics such as commercial finance planning, it should be helpful for small business owners to rely on several diverse sources for explanations about business solutions and strategies. In addition to multiple written descriptions on websites and blogs such as this one, video presentations can be a useful method for learning more about complicated issues such as contingency business plans and business finance consultant help for risk management problems.


Saturday, May 5, 2012

Small Business Plan Strategies

Is it really necessary for small businesses to have a business plan strategy? Some small business owners will take the position that business planning is not necessary for their situation because everything is in "great shape". In this case the need for a business plan can be easily overlooked, but that does not mean that this is really the preferred path given all of the possible alternatives. Things can and do go wrong regardless of how well a business is currently doing. This is precisely the rationale for having a contingency business planning strategy in advance of something going wrong.

Wednesday, May 2, 2012

Business Planning or Negotiating?

Business Planning Strategy
Business Negotiating or Business Planning?

The question that many small business owners ask is a variation of the title: "Should I make business planning or business negotiating a higher priority?" The prioritizing of business problems is an excellent way to approach the handling of multiple tasks. As most small businesses already realize, there are often too many items on the plate to handle at any given time. Certainly if the only two serious problems were the need to examine business negotiations and business plans, it would make total sense to prioritize the relative importance of each. But in the imperfect world that small business owners are usually operating in, there are probably five or ten (or more) small business problems requiring attention simultaneously. That is exactly why prioritizing becomes an essential task. So there will rarely be a choice as clear as "negotiating or planning?" or even "planning or negotiating or financing?"

Tuesday, May 1, 2012

Real Estate and Business Planning Questions

Real Estate Questions
Business and Real Estate Questions

If there is one ingredient that should never be left out of the small business finance planning recipe, then it would be asking questions and more specifically "the right questions". There is no easy way to get through this step other than to do a lot of research and talk to a lot of people, or alternatively find a business planning expert who can help you navigate both the questions phase as well as what comes next. A good starting point is to determine whether you need to be asking real estate questions or business questions (or possibly both).