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Are You a Good CEO?

Jeffrey Krames, an author and on the speaker's tour, has written extensively on what makes a CEO successful. Krames wrote in What the Best CEOs Know (McGraw-Hill, March, 2003) that they do the following:

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Managing Costs

Managing costs is a key job of every businessperson. To do this, you should always track your gross margins, cash flow and operating profit as a percent of revenue over time. When these percentages shrink, particularly if the shrinking is a trend, you could be heading for trouble.

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Equipment Financing -
An Often-Overlooked Tool

Under current financial conditions, where traditional capital funding is scarce, many business owners have a viable financing option right under their nose.

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Put Your IRA or 401K to Work!

Did you know that there is a tremendous source of funds ($3 trillion) that most entrepreneurs are unaware of that can be used to fund new or emerging businesses? One entrepreneur who found out about this was able to turn a $2,000 equity investment into $34 million in a little more than three years!

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