ARTICLES for BUSINESS and MANAGEMENT
Below you will find summaries from the unique 3ML Briefcase. Over the first 2 weeks of every month, summaries for all 32 articles appearing in the current month’s online magazine are presented. Articles rotate every day with 4 new articles appearing in the respective subject areas (leadership, business and management, marketing and productivity). Click here to go to the 3 Minute Learning home page.While you are visiting the 3 Minute Learning, check out the new 3ML Store where you will find business and leadership books along with electronics and entertainment. Also on the home page, view all the new entertainment videos; news, sports and business videos; and special feature articles. This content is refreshed on a daily basis.
How to Budget Your Business for Success
Stevie-Anne Matthews
When starting a new business you will hear a lot about budgeting. You will learn how to write a budget based on the anticipated amount of income on a daily, weekly and monthly basis. How good your budgeting plan will depend on how disciplined you are in sticking to the established amount you have dedicated to every item in your budget. But many businesses fail due to their lack of action when one piece of their budget doesn't fit together to form the perfect picture of their business.Stevie-Anne Matthews
I believe that one should be very careful about how they invest their money. Very often I see people that invest a huge sum of money when the potential for return is low and the risks are high. In this scenario it is better to leave your money earning interest in the bank.
The Ground Work for Businesses
Jon Caldwell
It's called best practices and it means the best way of doing something. It's what successful businesses know, making them more efficient and effective in delivering value. Businesses that do things less efficiently and effectively deliver less value and are less competitive and eventually go out of business. They don't get to play the game.Jon Caldwell
Family Members in Business Together
Kent Jacobson
Running a business with members of your family is a desirable prospect for some people. Let me offer five items to consider that may influence the chances of your business not being successful and possibly straining your family relationships.Kent Jacobson
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