By PERRI CAPELL
“As an entrepreneur, what’s the hardest lesson you’ll learn? Most likely it won’t be about something exciting like technology, venture capital or import-export issues.
It will be about something more basic.
The hard lessons come from not paying attention to basic items, such as having solid contracts with suppliers, doing credit checks on customers or performing due diligence on potential employees, say business owners. These are the issues that can play havoc with your bank balance and bring your company to its knees. By ignoring them, you’re guaranteed to have problem employees and no recourse against customers who don’t pay or suppliers who don’t deliver. ”
– Hi everyone, we’re back. We had a great time cruising New Jersey’s Intercoastal Waterway and now are ready to come back swinging and full of energy. Here is a great article that cautions you to pay attention to the basics…they are, after all, what gets you paid and keeps you in business. Sometimes business owners get so caught up in the fancy stuff that they mess up the little things, like interviews and credit checks, and end up losing their business. Don’t you do it! Looking forward to some good times ahead starting with the Business Blog Book Tour this week, but more on that later… -ed.