In any company, no matter how large or small, time is money. Mastering the art of getting things done (a.k.a., productivity) thus proves very important to creating and maintaining success.
According to Investopedia, a non-qualified plan is “a type of tax-deferred, employer-sponsored retirement plan that falls outside of employee retirement income security act (ERISA) guidelines” and that is “designed to meet specialized retirement needs for key executives and other select employees.”
Every customer is surrounded by an individual, invisible, protective bubble. This bubble should only be entered after receiving implied permission from the customer. I’ve mentioned this concept on these pages before, but it’s so essential that it seems ripe for a recap.
For small businesses, one late-paying customer could mean the difference between success and failure. How rampant is the problem of late-paying customers? Consider these numbers from a Fundbox survey of how unpaid invoices affect small business growth.
If you’re like many business owners, your immediate answer to that question would be “no, of course I’ve protected my company.” But have you?
If Hamlet had been an entrepreneur in the 21st century instead of the prince of Denmark in the Middle Ages, this question would have been on his mind.
