Author: Kirk W. McLaren
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Arrive at Your Destination in Three Easy Steps
In my August episode of the Bold Moves Webinar Series, I discussed money in terms of how it translates into a flight plan. Regardless of where you’re at in business, you need the funds to implement plans and the money in your household to do what you want, when you want. We call this freedom. Starting…
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Make Working Capital Work for You
Just like jets consume fuel, scaling up consumes cash In broad strokes, there are three uses of cash. The first is working capital that covers the timing differences between paying your expenses and when you get paid by your customers. The second use is funding to build out your business such as hiring talent, space,…
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The Impact of a Core Value-Driven Flight Plan
Navigating a fierce industry or marketplace, where each CEO is as hungry as the last, can seem overwhelming. But as I’ve learned, hunger for success does not always equal readiness for flight. To really get things done, you need clear objectives, focused confidence, and flawless teamwork. Intentionally setting the right core values and then actively developing…
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Turnaround vs. Restructuring – How to Shape Your Business for the Future
As the names imply, turnaround and restructuring are plans made by businesses aiming to avoid going under. But what puts a company in this situation and how can they adapt to map the flight plan to a better future? Turnaround typically follows the path of underwhelming performance leading to a rebuild to recover financially. While you…