$340 million not spent on nurses

I am sure it's the same for you, but when I'm in a hospital, I am humbly grateful for the nurse that is taking such good care of me.  They have worked hard to become experts in their field: every two years, our knowledge of medicine changes by 100%.  Unlike most professions, every few years, they are re-certifying and keeping themselves up today.  Because there aren't enough nurses, the average RN puts in about two months of overtime a year on top of their 40 hours a week.  The medical profession, including nurses, sacrifices to be educated and available to do the job of taking care of the sick.  I can't help but be impressed.

Topics: Nursing Nursing Jobs

Recession-Proof: Business Model

I find there are several types of entrepreneurs in the United States. Each entrepreneur has a reason to start their business. Successful entrepreneurs have a passion that gets them past the difficult times and onto good times. What most passionate entrepreneurs do is think about business in the same way they feel about working for an employer. The most basic of the business models are selling time. Time is one of the variables in a business concept called the Triple Constraint,

Recession Proof: Artificial Intelligence (AI) & Cognitive Computing

In a previous post, we talked about Recession-Proof: Silver Linings, the article discussed how recessions are almost an incubator for Innovation. Innovation takes a business objective and accomplishes that objective in a new way that the industry hasn't see or embraced. In that article, we looked back at when Ford combined automobile manufacturing with the assembly line. In less than ten years, Ford owned 50% of world-wide car manufacturing. One point, in the article, was that to be innovative didn't require inventing new technologies.

Topics: Business Transition IT Due Diligence EBITDA Mutliplier unified communication artificial intelligence

Recession-Proof: Unified Communication

In the last post, we talked about Recession-Proof: Silver Linings, the article discussed how recessions are almost an incubator for Innovation. Innovation takes a business objective and accomplishes that objective in a new way that the industry hasn’t see or embraced. In that article, we looked back at when Ford combined automobile manufacturing with the assembly line. In less than ten years, Ford owned 50% of worldwide car manufacturing. One point, in the article, 

Topics: recession-proof unified communication

Recession-Proof: Silver Linings

Many of the most disruptive company cultures started during a recession. Companies like:

Rescission Proof IT: EBITDA Multiplier

Custom Bits, the key to longevity

How executives use technology to build business value

Topics: IT Due Diligence EBITDA Mutliplier

Recession-Proof IT: Do more with less

The US is officially has been in the longest economic expansion in US history. At my age, I’ve been through a few economic expansions and a few recessions. There are a couple of things I’ve noticed as expansions end and recessions begin,

I hear you want to buy a Brewery?

Before you buy, think Sell?

Wait, that’s confusing. Is this article about Buying or Selling a brewery? Even a craft brewery, a small batch distillery or a small winery is a business. You may love what you do, but eventually, the ownership will be transitioned. Either to your family, a buyer, or maybe even your employees. Let’s face it; owning a craft brewery is more than just a business it’s a lifestyle. In building your brewery, you are also creating a community that shares your passion for your beer. When your brewery is gone and after the last beer is finished that community will have lost something. Whether buying or building your brewery, before you buy, think about selling first!

Topics: Exit Planning IT Due Diligence Due Diligence