Building Your Annual Budget Putting together a budget for your department or company for next year that you can live with is easy. Just match the resources to the goals. How To Read An Income Statement Whether you call it an Income Statement, an Earnings Statement, or a P&L, every manager should understand these basics of what a Profit and Loss Statement is and how to read it. But Am I Making Any Money? Don't confuse income with profit. To make a profit, you must make each unit for less than you can sell it. Here's how to calculate if you will make a profit and how much you will make. CEOs are overpaid CEOs of US corporations are paid too much for what they do. They are paid too much more than their average worker. This growing inequity bodes ill for both sides. How Long Can I Keep Going? Do you have enough cash to last through the bad times until the recovery comes? Here's how to find out. If I Tell You, I'd Have to Shoot You A look at Non-disclosure Agreements to protect your Intellectual Property. Learn from the Plunge Learn from the Stock Market plunge to prepare your buisness to survive other disasters. Properly Placing the Blame If the unthinkable actually happens to your company, here's something more professional to fall back on than blaming someone else. Relax Your Office Dress Code? You need a written dress code, regardless of how casual or formal. Before you decide to create or change your dress code, consider these issues. Restricted Stock Is Better Than Stock Options Giving restricted stock is better than giving stock options, even for high-tech start up companies. It is easier for employees to understand, more motivating for employee ownership behavior, and preferred by the regulators.
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