Tag: Advisors

Business Consulting Firm: Strategic – Management Advisors #business #management #salary

#business advisor

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Strategic Management Consulting

Building Cash Cows®

Improving Quality of Life®

YOUR TRACK

Since 1984, American Business Advisors has worked with mid-size and small companies with sales of $1-100 million. Based on unique sets of milestones and challenges, we have identified six tracks into which most businesses can classify themselves. Whether your company is a family business, mid-size business, or small business, ABA works with other companies like yours.

What our Clients Say

“We have increased our profits, lowered our stress, and made our employees happier since working with ABA.” A Colorado bakery

“The most important value you have provided me is developing a team-run business so I am not in bondage to my business.” A Colorado structural building company

“We have never been at our current level of revenue and profits. ABA has taken a lot of the guesswork out of business planning. It’s a good investment.” A Colorado human capital intelligence consulting firm

“Because of your guidance, expertise, and networking abilities we have not only flourished, but exceeded all expectations.” A Colorado automotive company

“Because you have streamlined and clarified our financial and reporting systems, I receive the data I need in a timely manner and can readily identify how we are doing compared to plan.” A Colorado sportsware company

“As a result of ABA, our management team understands the business plan and we are hitting our goals and objectives” A Colorado heating air conditioning company

“I want to thank ABA for presenting what I believe to be the most powerful tool for building a pro-active management team.” A Colorado internal logistics company

“I would like to express my appreciation for ABA’s assistance in planning our capital requirements and securing the necessary sources of capital.” A Colorado self-storage company

“Our profits and compensation have increased substantially and are dependable. Before hiring ABA, we were working 60–70 hours per week. ” A Colorado dental lab

“ABA demonstrated that businesses like yours and mine can benefit from having them be a strategic partner with us” A Colorado computer hardware company

“I was very satisfied with ABA’s services working with our family business in successfully assisting us in accomplishing our objectives.” A Colorado racing facility





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Small Business Consulting Chicago – Small Business Advisors #local #business #listing

#small business consulting

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Your Chicago Small Business Advisors.

Learn how Anchor Advisors can help you grow your small business »

Small Business Advisors

Anchor Advisors is a Chicago-based business consulting firm that empowers business owners to take control of their business, before their business starts to control them.

Our business advisors identify the trouble spots of a business – from sales and accounting, to leadership and team development–and devise an action plan to strengthen those areas. When implemented, our business advice can help drive revenue, increase sales, improve company morale – and most of all, build the business owner’s confidence. Contact us today to learn more.

Chicago Consulting Services

Anchor Advisors works with business owners with 10 to 100 employees to help them grow their business, move with confidence and make quicker decisions. We help our clients strengthen the four pillars of their business – Purpose. People. Process and Performance Measures – providing them with a firm foundation on which to grow.

Get the Newsletter

Get the only newsletter you’ll actually look forward to getting.

Written for the Chicago business owner, you’re sure to laugh, be entertained and learn something new about running your business.

Recent Posts

Jason Fried is a terrific entrepreneur who has been incredibly generous to the Chicago entrepreneurial community. I love the product that he’s created (Basecamp) and I’ve enjoyed his writing over the years. But I also really dislike Jason Fried. His company is a —*no doubt*— success; and he worked hard to make it a success. But way too many folks in Chicago (and likely all over the place) see his success and think, “If I could just make my company like Basecamp, I’ll be a success.” And so you see folks who’s homepage looks like the Basecamp homepage, and their pricing page looks like the Continue Reading »

“A ‘not for profit business’ is a tax designation, not a business strategy.” Not everything that we try to do is going to make money for us right away. Most of the time, when we start something new, we have to make an “investment” (in working capital, in equipment, in training, etc.) before that effort starts to make money. In most cases the learning curve on a new business (or even a new product within our existing business) is longer than we want it to be. We get to a point where we start asking ourselves, “Should I keep doing this?”. Or, you might have a line of business that you’ve Continue Reading »

This week, I’m joining 80% of americans in planning a travel vacation for the summer. As a business owner, I know how important it is to get away; but I’m also aware of the impact a “vacation” has on my business—and the business of my clients. When anyone goes on vacation, we feel it! Schedules get thrown, decisions are stalled. Any kind of change (or action) happens more slowly. Often we’re ”waiting” for everyone to return to the office so that a meeting can be scheduled, or a proposal can get approved. It can be sooo frustrating! Your clients need your help; you want to close the deal; but Continue Reading »





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Business Consulting Firm: Strategic – Management Advisors #ethics #in #business

#business advisor

#

Strategic Management Consulting

Building Cash Cows®

Improving Quality of Life®

YOUR TRACK

Since 1984, American Business Advisors has worked with mid-size and small companies with sales of $1-100 million. Based on unique sets of milestones and challenges, we have identified six tracks into which most businesses can classify themselves. Whether your company is a family business, mid-size business, or small business, ABA works with other companies like yours.

What our Clients Say

“We have increased our profits, lowered our stress, and made our employees happier since working with ABA.” A Colorado bakery

“The most important value you have provided me is developing a team-run business so I am not in bondage to my business.” A Colorado structural building company

“We have never been at our current level of revenue and profits. ABA has taken a lot of the guesswork out of business planning. It’s a good investment.” A Colorado human capital intelligence consulting firm

“Because of your guidance, expertise, and networking abilities we have not only flourished, but exceeded all expectations.” A Colorado automotive company

“Because you have streamlined and clarified our financial and reporting systems, I receive the data I need in a timely manner and can readily identify how we are doing compared to plan.” A Colorado sportsware company

“As a result of ABA, our management team understands the business plan and we are hitting our goals and objectives” A Colorado heating air conditioning company

“I want to thank ABA for presenting what I believe to be the most powerful tool for building a pro-active management team.” A Colorado internal logistics company

“I would like to express my appreciation for ABA’s assistance in planning our capital requirements and securing the necessary sources of capital.” A Colorado self-storage company

“Our profits and compensation have increased substantially and are dependable. Before hiring ABA, we were working 60–70 hours per week. ” A Colorado dental lab

“ABA demonstrated that businesses like yours and mine can benefit from having them be a strategic partner with us” A Colorado computer hardware company

“I was very satisfied with ABA’s services working with our family business in successfully assisting us in accomplishing our objectives.” A Colorado racing facility





Tags : , , , , , ,

Business Consulting Firm: Strategic – Management Advisors #music #business

#business advisor

#

Strategic Management Consulting

Building Cash Cows®

Improving Quality of Life®

YOUR TRACK

Since 1984, American Business Advisors has worked with mid-size and small companies with sales of $1-100 million. Based on unique sets of milestones and challenges, we have identified six tracks into which most businesses can classify themselves. Whether your company is a family business, mid-size business, or small business, ABA works with other companies like yours.

What our Clients Say

“We have increased our profits, lowered our stress, and made our employees happier since working with ABA.” A Colorado bakery

“The most important value you have provided me is developing a team-run business so I am not in bondage to my business.” A Colorado structural building company

“We have never been at our current level of revenue and profits. ABA has taken a lot of the guesswork out of business planning. It’s a good investment.” A Colorado human capital intelligence consulting firm

“Because of your guidance, expertise, and networking abilities we have not only flourished, but exceeded all expectations.” A Colorado automotive company

“Because you have streamlined and clarified our financial and reporting systems, I receive the data I need in a timely manner and can readily identify how we are doing compared to plan.” A Colorado sportsware company

“As a result of ABA, our management team understands the business plan and we are hitting our goals and objectives” A Colorado heating air conditioning company

“I want to thank ABA for presenting what I believe to be the most powerful tool for building a pro-active management team.” A Colorado internal logistics company

“I would like to express my appreciation for ABA’s assistance in planning our capital requirements and securing the necessary sources of capital.” A Colorado self-storage company

“Our profits and compensation have increased substantially and are dependable. Before hiring ABA, we were working 60–70 hours per week. ” A Colorado dental lab

“ABA demonstrated that businesses like yours and mine can benefit from having them be a strategic partner with us” A Colorado computer hardware company

“I was very satisfied with ABA’s services working with our family business in successfully assisting us in accomplishing our objectives.” A Colorado racing facility





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Small Business Consulting Chicago – Small Business Advisors #ideas #for #new #business

#small business consulting

#

Your Chicago Small Business Advisors.

Learn how Anchor Advisors can help you grow your small business »

Small Business Advisors

Anchor Advisors is a Chicago-based business consulting firm that empowers business owners to take control of their business, before their business starts to control them.

Our business advisors identify the trouble spots of a business – from sales and accounting, to leadership and team development–and devise an action plan to strengthen those areas. When implemented, our business advice can help drive revenue, increase sales, improve company morale – and most of all, build the business owner’s confidence. Contact us today to learn more.

Chicago Consulting Services

Anchor Advisors works with business owners with 10 to 100 employees to help them grow their business, move with confidence and make quicker decisions. We help our clients strengthen the four pillars of their business – Purpose. People. Process and Performance Measures – providing them with a firm foundation on which to grow.

Get the Newsletter

Get the only newsletter you’ll actually look forward to getting.

Written for the Chicago business owner, you’re sure to laugh, be entertained and learn something new about running your business.

Recent Posts

Jason Fried is a terrific entrepreneur who has been incredibly generous to the Chicago entrepreneurial community. I love the product that he’s created (Basecamp) and I’ve enjoyed his writing over the years. But I also really dislike Jason Fried. His company is a —*no doubt*— success; and he worked hard to make it a success. But way too many folks in Chicago (and likely all over the place) see his success and think, “If I could just make my company like Basecamp, I’ll be a success.” And so you see folks who’s homepage looks like the Basecamp homepage, and their pricing page looks like the Continue Reading »

“A ‘not for profit business’ is a tax designation, not a business strategy.” Not everything that we try to do is going to make money for us right away. Most of the time, when we start something new, we have to make an “investment” (in working capital, in equipment, in training, etc.) before that effort starts to make money. In most cases the learning curve on a new business (or even a new product within our existing business) is longer than we want it to be. We get to a point where we start asking ourselves, “Should I keep doing this?”. Or, you might have a line of business that you’ve Continue Reading »

This week, I’m joining 80% of americans in planning a travel vacation for the summer. As a business owner, I know how important it is to get away; but I’m also aware of the impact a “vacation” has on my business—and the business of my clients. When anyone goes on vacation, we feel it! Schedules get thrown, decisions are stalled. Any kind of change (or action) happens more slowly. Often we’re ”waiting” for everyone to return to the office so that a meeting can be scheduled, or a proposal can get approved. It can be sooo frustrating! Your clients need your help; you want to close the deal; but Continue Reading »





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How to Talk About Money in Your Family Business – Family Business Advisors #business

#family business

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How to Talk About Money in Your Family Business

“Chains of habit are too light to be felt – until they are too heavy to be broken.” – Warren Buffett

Talking about money within the family business can be uncomfortable and awkward. What’s worse is that everyone knows about it; financial questions and concerns can be at the forefront of everyone’s mind. Few habits are so critical and yet translate so directly to the success of your family business. David Harland. Managing Director of FINH

It is up to the family business leaders to engage their family in these conversations, and to do so with honesty and directly. The early rounds might be difficult, but the end result is a better work environment and easier conversations about other complex issues (such as remuneration or financial agreements). Start early so that you can establish a precedent, make clear the expectations, and deal fairly with others.

Begin with a trusted family advisor – someone to help facilitate difficult conversations – who can project an image of fairness, conscientiousness, and experience.

We often feel that our loved ones know us so well that we don’t have to voice concerns or bring in a third party. It’s the role of the business leader to let go of these assumptions and find a real solution. Communication needs to be clear and open, and this is best when the conversation includes an element of impartiality and specialized knowledge.

It’s unfortunate that so many family businesses start out with an informal management structure and don’t have specific practices and policies for family members. Instead, the structure of the family business is often made up as it goes, which can create an impediment to honest communication later on.

Topics of Conversation Between Members of the Family Business

The family conversation should have goals and should be prepared for, just like any meeting with a non-family business partnerThat also includes having a formal agenda. It’s common to have three levels of interest at play: business issues, family issues, and ownership.

So what you should talk about? Start with family’s history, legacy, and values. The younger a member of the family is introduced to this message, the better. I recommend placing extra emphasis on a multigenerational approach to human capital appreciation.

Chances are that your family has a mix of dominant thinkers and dominant feelers. The thinkers might be more open to the practical realities of business success. Feelers will appreciate the sense of togetherness, shared accomplishment, and appreciation among members of the group. Guide the topics of conversations into those areas where you’re most likely to get buy-in from individual members; other issues can be dealt with more easily afterwards.

Emotion Will Be Part Of It; Deal With Emotion Early

“Select your words carefully. Spoken words may have positive or negative effects, depending on the manner and timing of your speech.” Abdurrahman Bagdadizade Paksoy to his sons, addressing how the Paksoy family was shut out of its own business in 1956

Every business requires emotional decisions and every family brings emotionally charged relationships. These two don’t always mix nicely.

Emotion is a real dynamic that isn’t going away, but it can be dealt with effectively and even harnessed to create a positive dialogue. Use family councils to address family matters. Even if your family members share the same values, they may not share the same vision. If your family runs the risk of starting new battles every time an old one is closed, it’s best to start with outside facilitation early on and stick with it through to the end.

Create a sense of family unity with family stories. Make sure that younger generations can connect to the trials, successes, and anecdotes of the past. Let them speak and take care to actually listen. If less experienced members of the family are eager to bring a “fresh perspective” or innovative new ideas, this is the forum where they get their chance.

Tell a cautionary tale about past business episodes – especially if it has a personal impact. Not only will this help synergize the emotion in the room, but it will help emphasise the importance of properly addressed financial agreements. Just try not to get side-tracked in story land; it’s up to the business leaders to maintain focus on the long-term goal of multi-generational capital accumulation.

Always remember that money is a sensitive issue for many people. You’re likely to run into topics like fairness and competitiveness. These are important, but ultimately dangerous if mishandled because they can re-open old wounds or divert the conversation. Have a plan in place to stay on target.

There’s never a perfect time to talk about family business issues, with one exception: earlier is better. The sooner these conversations start happening, the sooner your family business can develop the type of effective communication that will stand the test of time.

For Advice on communicating about finance in your family business please call FINH 07 3229 7333





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Investment News for financial advisors in New Zealand #business #plans #samples

#investment news

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Investment News

Auckland-based fund administrator, MMC, has notched up its second KiwiSaver registry client in the space of a month. MMC, which already provides fund accounting and unit pricing services to a range of KiwiSaver schemes, confirmed the rapidly-growing NZ-owned provider Generate as its second registry client last week. Earlier this month MMC revealed the start-up low-cost KiwiSaver provider, Simplicity, as the inaugural client for its newly-launched registry system. The addition of the $275 million Generate scheme represents “an enormous vote of confidence in MMC and our KiwiSaver registry offering”, according to MMC managing director, [Read More. ]

Recent New Zealand Investment News

After almost 35 years of intellectual input to New Zealand’s actuarial and investment consulting industry, Mark Weaver, has called it quits. Weaver, the last remaining founding partner still working in the triple-titled consulting firm Melville Jessup Weaver (MJW), will hand in his final regression analysis at the end next month before embarking [Read More. ]

It would be up to the police to decide whether KiwiSaver schemes, or other NZ investors, are breaking the law by investing in pooled global equity funds that have exposure to cluster munitions manufacturers, according to Commerce Minister Paul Goldsmith. As well as the Cluster Munitions Prohibition Act 2009, NZ investors could face similar [Read More. ]

The complete set of managed investment scheme (MIS) managers list should tally to about 70, according to the latest figures supplied by the regulator. A spokesperson for the Financial Markets Authority (FMA) told Investment News NZ that 42 managers have already been granted a MIS licence with a further 18 “in various stages of assessment”. The [Read More. ]

New Zealand Superannuation Fund has carved out NZ$600 million from its NZ$4.9 billion passive global equities mandate with Northern Trust Asset Management for two new factor-based mandates with the same manager. The NZ$30 billion fund, which is seen as a bellwether among super funds in the region because of its transparency and innovative [Read More. ]

Almost five months after incumbent, Anthony Quirk, announced his imminent resignation, Milford Asset Management has a new head. In a release last week, Milford confirmed Australian Troy Swann would take over Quirk’s role as at October 31 this year with operations chief, Bryce Marsden, continuing as interim chief executive. Quirk officially [Read More. ]

Macquarie Investment Management has been slapped with a A$400,000 fine after a New South Wales court ruled it had failed in its duties to monitor the now-defunct van Eyk Blueprint International Shares Fund (VBI). In a decision released last Wednesday, the NSW Supreme Court found Macquarie had breached its duties as a responsible entity (or RE – [Read More. ]

Here’s an irony. Link Group last month held a ‘virtual AGM’ for its NZ share registry client Xero. Just over 80 per cent of shareholders ‘attended’ online. But Link is not allowed to do the same for its Australian clients, nor itself. Xero, the successful cloud-based accounting systems firm from Wellington, NZ, provided a glimpse into the future [Read More. ]

Michael Thawley, Australia’s former and highly rated ambassador to the US, has re-joined the funds management industry – and his old firm – taking up the role as senior vice president for Capital Strategy Research at the big equities shop Capital Group. Thawley, who started in the job last week, is based in Los Angeles but will be heavily [Read More. ]

More Investment News





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Business Consulting Firm: Strategic – Management Advisors #business #dictionary

#business advisor

#

Strategic Management Consulting

Building Cash Cows®

Improving Quality of Life®

YOUR TRACK

Since 1984, American Business Advisors has worked with mid-size and small companies with sales of $1-100 million. Based on unique sets of milestones and challenges, we have identified six tracks into which most businesses can classify themselves. Whether your company is a family business, mid-size business, or small business, ABA works with other companies like yours.

What our Clients Say

“We have increased our profits, lowered our stress, and made our employees happier since working with ABA.” A Colorado bakery

“The most important value you have provided me is developing a team-run business so I am not in bondage to my business.” A Colorado structural building company

“We have never been at our current level of revenue and profits. ABA has taken a lot of the guesswork out of business planning. It’s a good investment.” A Colorado human capital intelligence consulting firm

“Because of your guidance, expertise, and networking abilities we have not only flourished, but exceeded all expectations.” A Colorado automotive company

“Because you have streamlined and clarified our financial and reporting systems, I receive the data I need in a timely manner and can readily identify how we are doing compared to plan.” A Colorado sportsware company

“As a result of ABA, our management team understands the business plan and we are hitting our goals and objectives” A Colorado heating air conditioning company

“I want to thank ABA for presenting what I believe to be the most powerful tool for building a pro-active management team.” A Colorado internal logistics company

“I would like to express my appreciation for ABA’s assistance in planning our capital requirements and securing the necessary sources of capital.” A Colorado self-storage company

“Our profits and compensation have increased substantially and are dependable. Before hiring ABA, we were working 60–70 hours per week. ” A Colorado dental lab

“ABA demonstrated that businesses like yours and mine can benefit from having them be a strategic partner with us” A Colorado computer hardware company

“I was very satisfied with ABA’s services working with our family business in successfully assisting us in accomplishing our objectives.” A Colorado racing facility





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Small Business Consulting Chicago – Small Business Advisors #investor #business #daily

#small business consulting

#

Your Chicago Small Business Advisors.

Learn how Anchor Advisors can help you grow your small business »

Small Business Advisors

Anchor Advisors is a Chicago-based business consulting firm that empowers business owners to take control of their business, before their business starts to control them.

Our business advisors identify the trouble spots of a business – from sales and accounting, to leadership and team development–and devise an action plan to strengthen those areas. When implemented, our business advice can help drive revenue, increase sales, improve company morale – and most of all, build the business owner’s confidence. Contact us today to learn more.

Chicago Consulting Services

Anchor Advisors works with business owners with 10 to 100 employees to help them grow their business, move with confidence and make quicker decisions. We help our clients strengthen the four pillars of their business – Purpose. People. Process and Performance Measures – providing them with a firm foundation on which to grow.

Get the Newsletter

Get the only newsletter you’ll actually look forward to getting.

Written for the Chicago business owner, you’re sure to laugh, be entertained and learn something new about running your business.

Recent Posts

Jason Fried is a terrific entrepreneur who has been incredibly generous to the Chicago entrepreneurial community. I love the product that he’s created (Basecamp) and I’ve enjoyed his writing over the years. But I also really dislike Jason Fried. His company is a —*no doubt*— success; and he worked hard to make it a success. But way too many folks in Chicago (and likely all over the place) see his success and think, “If I could just make my company like Basecamp, I’ll be a success.” And so you see folks who’s homepage looks like the Basecamp homepage, and their pricing page looks like the Continue Reading »

“A ‘not for profit business’ is a tax designation, not a business strategy.” Not everything that we try to do is going to make money for us right away. Most of the time, when we start something new, we have to make an “investment” (in working capital, in equipment, in training, etc.) before that effort starts to make money. In most cases the learning curve on a new business (or even a new product within our existing business) is longer than we want it to be. We get to a point where we start asking ourselves, “Should I keep doing this?”. Or, you might have a line of business that you’ve Continue Reading »

This week, I’m joining 80% of americans in planning a travel vacation for the summer. As a business owner, I know how important it is to get away; but I’m also aware of the impact a “vacation” has on my business—and the business of my clients. When anyone goes on vacation, we feel it! Schedules get thrown, decisions are stalled. Any kind of change (or action) happens more slowly. Often we’re ”waiting” for everyone to return to the office so that a meeting can be scheduled, or a proposal can get approved. It can be sooo frustrating! Your clients need your help; you want to close the deal; but Continue Reading »





Tags : , , , , ,

Small Business Consulting Chicago – Small Business Advisors #small #business #services

#small business consulting

#

Your Chicago Small Business Advisors.

Learn how Anchor Advisors can help you grow your small business »

Small Business Advisors

Anchor Advisors is a Chicago-based business consulting firm that empowers business owners to take control of their business, before their business starts to control them.

Our business advisors identify the trouble spots of a business – from sales and accounting, to leadership and team development–and devise an action plan to strengthen those areas. When implemented, our business advice can help drive revenue, increase sales, improve company morale – and most of all, build the business owner’s confidence. Contact us today to learn more.

Chicago Consulting Services

Anchor Advisors works with business owners with 10 to 100 employees to help them grow their business, move with confidence and make quicker decisions. We help our clients strengthen the four pillars of their business – Purpose. People. Process and Performance Measures – providing them with a firm foundation on which to grow.

Get the Newsletter

Get the only newsletter you’ll actually look forward to getting.

Written for the Chicago business owner, you’re sure to laugh, be entertained and learn something new about running your business.

Recent Posts

Jason Fried is a terrific entrepreneur who has been incredibly generous to the Chicago entrepreneurial community. I love the product that he’s created (Basecamp) and I’ve enjoyed his writing over the years. But I also really dislike Jason Fried. His company is a —*no doubt*— success; and he worked hard to make it a success. But way too many folks in Chicago (and likely all over the place) see his success and think, “If I could just make my company like Basecamp, I’ll be a success.” And so you see folks who’s homepage looks like the Basecamp homepage, and their pricing page looks like the Continue Reading »

“A ‘not for profit business’ is a tax designation, not a business strategy.” Not everything that we try to do is going to make money for us right away. Most of the time, when we start something new, we have to make an “investment” (in working capital, in equipment, in training, etc.) before that effort starts to make money. In most cases the learning curve on a new business (or even a new product within our existing business) is longer than we want it to be. We get to a point where we start asking ourselves, “Should I keep doing this?”. Or, you might have a line of business that you’ve Continue Reading »

This week, I’m joining 80% of americans in planning a travel vacation for the summer. As a business owner, I know how important it is to get away; but I’m also aware of the impact a “vacation” has on my business—and the business of my clients. When anyone goes on vacation, we feel it! Schedules get thrown, decisions are stalled. Any kind of change (or action) happens more slowly. Often we’re ”waiting” for everyone to return to the office so that a meeting can be scheduled, or a proposal can get approved. It can be sooo frustrating! Your clients need your help; you want to close the deal; but Continue Reading »





Tags : , , , , ,