Friday, October 30, 2009

Eleven Easy Ways to Destroy Your Company

by Jay Goltz
Thursday, October 29, 2009
provided by
The New York Times
Businesses make hundreds or thousands of decisions every year, many of which seem inconsequential. But the smallest details can have business-changing or even business-ending consequences. Here are 11 of my favorites to watch out for:...........
1. The lowly extension cord. .............It is good practice not to allow any extension cords in your business that aren't three-pronged.

2. Bad receivables..
3. Interviewing. .......
4. Hiring without doing background checks. ..........

5. Vehicles. . Allowing someone who is not insured properly ...........
6. Vehicles, again! .......... Under-inflated tires are more likely to cause a blowout, .........
7. And again! Texting while driving ............
8. Insurance. ...........
9. The wrong accountant. ........
10. Bad controls. ......
11. Bad company policies. I...........
An ounce of prevention is worth a pound of cure. Benjamin Franklin was a good businessman.
Can anyone add to my list?

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