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6 Smart Investment Decisions To Make As An Entrepreneur

Strategy Driven

Investing in fixed assets. Investopedia defines an asset as an economically valuable resource owned, controlled, or acquired with the expectation that it will appreciate later. A fixed asset is an asset acquired to liquidate at a later period. Keep your sidewalks and parking lot in mint condition as well.

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Making Time For Time

Lead Change Blog

Time is a non-renewable resource; a fixed asset. In a deadline-driven environment, there is pressure to act, often with little time for consideration of all possible outcomes. My father, a collector and restorer of antique timepieces, filled the walls with clocks of every shape and size.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

These choices historically conferred advantage – first-mover, scale – but asset-based scale advantages have diminished in recent years, thanks to technology, cheap information, and outsourcing. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them.

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What It Takes to Be a Great Employer

Harvard Business Review

How crazy is it that companies are willing to invest in preventative maintenance on fixed assets such as their machinery, but typically won't make a comparable investment to enhance and sustain the health and well-being of their employees?

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When a Country is Facing Political and Human Rights Issues, Should Businesses Leave or Stay?

Harvard Business Review

” To do business in such an environment, as in many other places struck by unrest and turmoil, could still be profitable. For a services firm, De Maeseneire said, the calculation is different than for a manufacturer: services firms have fewer fixed assets to look after, and their clients often are fellow multinationals.

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Unlocking the Full Potential of Your Business Software

Strategy Driven

If you find that they’re having troubles calculating numbers and filling out spreadsheets because they’re doing it manually, then it’s possible that a piece of cloud accounting software could fix the issue. Please consider the environment before and after printing this article. Consider leaving a comment! All rights reserved.