I get a lot of questions about inventory turns because they can be hard to understand. Even harder to understand or model is how turns affect cash flow. However, the entrepreneur who measures turn and appreciates the connection is much more likely to prosper in the long run. First, defining inventory turns.
As a small business owner with a lot of friends who also own small businesses, I get tired of hearing all the news stories about how small business lending is going to get a shot in the arm from President Obama’s programs or any other source in the foreseeable future. Yesterday I listened to
I am flabbergasted. I have been interviewing, trying to hire a property and leasing manager. The applicants are so unskilled, unprepared, it’s really does amaze me. I wrote several articles last year about resumes and looking for a job, and I am amazed at the crappy resumes I get, but that’s all BEFORE the interview.