Focusing You on the Keys to Business Success
Lea Strickland, Business Strategist
  • About Lea
  • Articles
    • 2004 Articles
      • Beyond Planning – Setup
      • Cash Management – Not Paying the Bills
      • Diagnosing Enterprise Risk from the Operating Perspective
      • Financial Projections (Part 1)
      • Financial Projections – (Part 2)
      • For Profits versus Not-for-Profits – Competing for Clients
      • From the e-Mailbox: Can The Business Have Moving Targets?
      • Gathering Your Thoughts and Resources
      • Operational Aspects – The Business Plan
      • Payroll Systems – It Pays To Get It Right!
      • Planning Your Business
      • Right Role, Right Person, Right Deliverables
      • Service Providers – Start as You Intend to Go
      • Strategic Plans and Budgets – Performance Tools
      • The Business Cold
      • The Business Plan “Audience”
      • The Business Plan – More than Planning the Business
      • The Business Plan – A Direction for Your Business
      • The Business Plan – Adding Dimension
      • The First Step Is the Biggest
      • Validating Your Business Concept
      • When No One Answers
      • Where Is My Cash Flow?
      • Who Is Running Your Business?
      • Working In and On the Business, the Equation of Success
      • “You Should Make Me Participate”
    • 2005 Articles
      • A Target on Your Back – When the Competition is Out to Get You
      • Adding Basel to the Debt Mix
      • Business Management Systems – Critical to Long-term Success
      • Call Me
      • Check 21 The Myth. The Reality.
      • Commercial Lending: Business Borrowing – Risk and Relationships (Part 1 of 2 Articles)
      • Damaged Relationships
      • Distinguish Between Your Role as an Owner and an Employee
      • Does Your Business Have One Blue Shoe?
      • Establish Credit Criteria for Customers
      • First? Best? Service Providers Show Me the Content!
      • Four Elements of Establishing a Successful Business
      • Full Moons Rising
      • Hiring Skills Not Bodies – Constraining Organization Success
      • Insurance – 20 Questions and Answers for Your Business
      • Investor Due Diligence
      • Late Again! What Message Do You Send?
      • Managing to Mediocrity and Madness
      • Moonlighting
      • More of the Same
      • No Limit Texas Hold’em – Business Style
      • On a Bad Day I Take Action
      • On-shoring – Keeping Business in US
      • Part Two on Commercial Lending with John Wroton, Assistant Vice President of Harrington Bank, Chapel Hills, North Carolina
      • Phone Spam – What Are You Paying For? Be Sure the Value is There BEFORE You Buy
      • Proof of Concept – Poised for Success
      • RETURN ON INVESTMENT – Structure and People
      • Return on Investment – Strategy and Action
      • Reworking Retirement – A Dream and Business of Your Own
      • Sequential Success
      • Shams, Shells, and Charlatans
      • Shoot the Corporal
      • Size Doesn’t Matter – Sound Business Practices Do
      • Small Business Minefields
      • Software Is a Tool, Not an Answer
      • The “X” and “Z” Factors
      • The Company You Keep
      • The Funding Gap – Early Stage Life Science and other Technology Companies
      • The New Bankruptcy Law and Small Business
      • Tough Lessons
      • Women Mean Business – Seek Investors or Be an Investor
      • Your Next Career – Entrepreneur
      • Your Next Career: Moonlighting
    • 2006 Articles
      • A Matter of Opinion (Look for the Self-Interest)
      • Be Wary of “Open Forums”
      • Beware the False Not-for-Profit
      • Blessedly Inexperienced, Critically Impaired
      • Bringing Together the Parts
      • Business Analysis – Identifying the Issues and Opportunities
      • Can You Hear Me Now?
      • Cash Flow Not Flowing? Don’t Cut Your Marketing Efforts!
      • Clients and Conflicts of Interest – Professional Service Firms Divided Loyalties
      • Commercialization: Viability, Visibility, Capability, and Credibility
      • Complying with Securities Regulations – Federal and State
      • Corporate Firefighting – Prevention, Suppression, and Response (Long-term Perspective, Short-term Realities)
      • Cost Cutting – A Traditional Approach to Poor Financial Performance
      • Customers, Shareholders, Employees, and Community – Who Matters Most?
      • Danger, Danger Will Robinson
      • Employers Beware of Compensatory Time Off Instead of Overtime Wages
      • Expecting the Exception and Not the Rule
      • Getting Ready for Investors
      • It’s Not Fair – Then Don’t Sign the Agreement!
      • Kamikaze Sales – Beginning with a Lie
      • Location, Location, Location
      • Lofty Goals, Bottom-feeder Behavior
      • Micromanage to Failure
      • Munchausen Management
      • Not Every Event Is A Networking Event
      • Organically Grown, Professionally Managed Entrepreneurial Companies
      • Ready to Raise Businesses or Children – Common Threads
      • Reputations – Correcting “Bad Press”
      • Sometimes You Just Have to Laugh
      • The Business of Technology
      • The Coffee Pot Syndrome
      • The Lessons of Family-owned Businesses
      • The Tortoise and The Hare – A Fable for Our Times
      • The “Girls’ Club”
      • To Compete You Must Be In the Race
      • Too Big, Too Soon – Too Far, Too Fast
      • Tools Required – Capability Imperative
      • What Are Friends For – Not Free Services and Products?
      • You Are Successful, So Why Do I Have to Pay
      • “Ideal” Customer
    • 2007 Articles
      • “My hands are tied” – Use your head
      • A Funny Thing Happened on the Way to the Forum
      • All or Nothing – Adding to Regulatory Requirements
      • Business Interruptions and Their Impact on Profits
      • Choices
      • Closing the Tax Gap – Congress and the “Carried Interest” Tax Controversy
      • Commercialization: Capability, Credibility, Capitalization
      • Commercializing Your Business: A Primer
      • Complimentary (Free) Consultations from Qualified Service Providers
      • Congress Settles the Debate Venture and Institutional Backed Firms are Small Businesses
      • Consumer Protection Or Too Much Regulation
      • Dancing with the One that Brung Ya
      • Defining “Green” in Business and Life
      • Differing Perspectives
      • Driving the Business
      • Earmarked for Results
      • Everyone Has Baggage
      • Excuse Me for Interrupting! I’m “Just” A Customer
      • Excuse Me – I’m in My Own World and Dancing
      • Finding Resources – Investors, Funding, and the Story to get Them
      • Frustrated Consultant Seeks Cooperative Client Who Listens
      • Get Ready – The First Step Is the Biggest!
      • GRAB for Success – Gratitude, Resolve, Attitude, Belief™
      • Hand Out or Hand Up
      • Hovering around “The Answer”
      • If You Knew Where You Would End Up, The Trip Would Be Easier
      • It’s the Details that Matter
      • I’ll Call You Right Back!
      • I’m Not Uninformed – Don’t Treat Me Like An Idiot
      • Lame
      • Lessons Learned While Trying to Fly
      • Lifestyle or Growth (Exit Opportunity) Businesses – Which Are You?
      • Look Around There Are Lessons Everywhere
      • Making Sense of Saving Dollars and Cents – Evaluating Expenditures in Terms of “Investment”
      • Momentum Slowing You Down?
      • Need Customers – Fourteen Things to Do to Connect
      • No One Can Do It for You
      • No X, No Z – No Business
      • Not Everyone Will “Get It”
      • Price Taker or Price Maker – Cost Matters
      • Product, Resources, and Customers – The Three-fold Objective
      • Resolution – Intent and Action
      • Riding a Pterodactyl and Chasing the Dodo – Is Your Business Model Extinct and Your Business an Endangered Species?
      • Ripple Effects of Take My Advice
      • SOBs (and DOBs) at Work – Role Confusion in Multigenerational Success
      • Standing in a Queue, Lining Up for Services
      • Taking Objective Perspectives on Bad Experiences
      • The Business Plan – A Direction for Your Business
      • The National Single Audit (A-133) Sample Project Results – Good Audit Results May Not Mean Your Audit Measures Up
      • The Retail Conspiracy
      • The Starting Point – Action
      • Validating Your Business Concept
      • What Are Your Employees Saying About Your Business?
      • Why? Just Be-Clause
      • “NORMAL”
      • “Should”
    • 2008 Articles
      • A Journey of Gratitude
      • Born to Run, Born to Innovate … But Learn to Walk First
      • Building a Better Business
      • Business Advocates: The First Customer
      • Business—Not Rocket—Science Powers Innovation
      • Can the Government Teach Small Businesses to Do Business?
      • Cash Flow Not Flowing? Don’t Cut Your Marketing Efforts!
      • Cash: Survival in Tough Economic Times
      • Coming to Terms: Getting Your Good Idea Funded
      • Corporate Succession: The Abbott and Costello Method
      • Customer Satisfaction: Perception of Product and Service Quality
      • Defective Service
      • Do You Own Your Business?
      • Economic Incentives Focused on Big Business, But Where Is the Future?
      • Emerging Competition, And the World Goes ’Round
      • Entrenched, Entitled, Political
      • Every Generation…And the One Before and After
      • Fair Sustainable Trade
      • Fatal Customer “Service”
      • Financial Profitability, Sustainability, and Growth: From Sales Efforts to Bottom-line Returns
      • First-Time Adventures
      • For This I am Grateful …
      • Gatekeeper or Dam?
      • How Big Is Your Business? 20th Century Metrics in the 21st Century
      • How Credible Is Your Organization? Are You a Yahoo?
      • How to Grow Your Business, One Relationship at a Time
      • It’s About Time: Employee Classification and Proper Time Records
      • It’s About Time: Employee Classification and Proper Time Records
      • It’s All Theoretical, But the World Is Real
      • Learning from Experience – Other People’s Lessons
      • Lightning Strikes and Lotteries: Gambling on Noncompliance with Government Rules
      • Make a Mistake; You Might Learn Something
      • No More Independent Contractors – Senators Seek to Make Everyone Employees
      • Nothing to Fear from Change
      • Old Shoes, New Shoes: Stepping Out of Your Comfort Zone
      • Ooh, Ooh, Pick Me! Pick Me! From “Me Too” to Innovation
      • Opportunity Knocks: Be Prepared
      • Recognizing the Need to Grow: The Business Expertise AND the Business
      • Resilience Training: Corporate Survivor
      • Second Chances After Bad Results
      • Served by Eeyore®[1]: Customer Service with “Voice”
      • Service Providers: You Can Lead a Horse to Water But You Can’t Make a Client Listen
      • Show Some R-E-S-P-E-C-T
      • Small Business, Competitive Markets
      • Stay Tuned to the SBIR Program
      • The Complexity of Business Compliance
      • The Façade
      • The Heart of Innovation: Leadership
      • The Light, the Tunnel…OH NO! The Train! The Train!
      • The Long and Winding Road to Success
      • The New Small Business Innovation Research Grant Program Reauthorization Bill: H.R. 5819 “Modernizing” Grant Programs
      • The State of the Corporation
      • The Sustainable Business, Defined
      • The Tax Man Cometh: A Major Milestone to Becoming Profitable
      • The Third Arm of Networking
      • The Tyranny of Customer Choice
      • The Variability of Weather and Women: It’s All About Perspective
      • The Way We’ve Always Done It
      • The “Free Service” Philosophy – Misconceptions about the “Right” to Misappropriate Service Provider “Product”
      • Think B.I.G.™ (Bold Innovative Growth) Business!
      • Time Is a Constant – It Runs One Way
      • Timelines and Deadlines: Customers and Investors Wait for No One
      • Traveling with Animated Characters
      • Vision, Strategy, Structure, and Results
      • Walls and Bridges
      • We Were Radicals—Now We Wear Khakis
      • When Vendor Services Fall Short
      • Where Was the Board?
      • You Can; But Should You?
      • Your Customer the Cow? No, the Golden Goose!
      • Your Rules, My Rules, the Government’s Rules
      • “Owning” the Business
    • 2009 Articles
      • A Debt-Free Business
      • Auto Bailout Leads to New Car Color: Budget Deficit Red
      • Boing! Bounced Checks and Other Check-Writing Practices
      • Business Plans Are Not Academic Exercises
      • Business Plans: Not Fill-in-the-Blank
      • Caution: Securities Transaction Ahead
      • Checks: No Kites, Bounces or Post Dates
      • Communication: Making Things Happen as a Business
      • Consumer Protection?
      • Customer Service and Revenue Growth
      • Do You Love What You Do?
      • Economic Stimulus Fund to Flow to Businesses: Grant and Research Programs Open Taps
      • Employee Misclassification: Small Businesses At Risk
      • Government Audits: Post TARP, Banking Meltdowns, Going Concern Assessments, and More
      • Leadership Requires Decision-making
      • Let’s Make A Deal: Creating Value for the Investor from Day One
      • Making It Through the Obstacles
      • Mysteries of Life: Just Where Do E-mails “Hang Out”?
      • Needs Analysis: Too Needy to Succeed?
      • Old Dogs, New Tricks: The Hard Sell to Investors and Lenders
      • One Percent Success Rate: Perpetuating Failed Models
      • Perspective
      • Poised for Success: Five Steps to Ready Your Business for “The Comeback”
      • Raising Funds: No Plan Required? Think Again
      • Responsibility – Government The Last Line of Defense
      • The Banking Crisis: TARP This
      • The Employee Free Choice Act (Also Known as Card Check): Streamlining Unionization or Bypassing the Right to Vote?
      • The Grant Proposal Budget: Seven Things to Remember
      • The Pros of Cons
      • Time Out for Innovation
    • Grants
      • After the Award – The Work Begins
      • At-Risk – Non-compliant SBIR Recipients
      • Audit of Federal Fund Recipients
      • Follow that URL – Grant (SBIR and STTR) Recipients Need to Read
      • Government Grant and Contract Recipients – “Invest” in Your Business
      • Government Grants and Contracts: The Award – Now What
      • Government Grants or Contracts?
      • Grant Accounting Practices Under Scrutiny
      • Grant Compliance and Accounting – It’s not Rocket Science!
      • Grant Recipient Consideration
      • Grant Requirements – Impact on Organization Infrastructure
      • Grants and Contracts – Compliance Required
      • Grants – Don’t Take the Process for Granted
      • Pennywise, IP (Intellectual Property) Foolish
      • Seed Funding Needs Fertile Ground
      • Small Business Innovation Research Grants
      • The Clock is Ticking – How Much Time Do You Have?
      • The National Single Audit (A-133) Sample Project Results – Good Audit Results May Not Mean Your Audit Measures Up
      • Venture and Grant Funding
      • What Does an Auditor Do During an A-133 Audit?
      • Where Does Venture Capital “Fit” in the Competitive Equation of “Small” Business
    • Profitability and Sustainability
      • Everyone Has a Role in Profitable Business Growth
      • Keys to Competitiveness
      • Managing Customers for Profit and Long-Term Growth
      • Pricing for Profit and Market Position: An Industrial Products Perspective
      • Pricing for Strategic Advantage, Customer Value, and Profit
      • The Lifetime Value of a Customer and Meaningful Metrics
      • The Value of Customer Relationships
      • Thin-Profit Enterprise
      • Underlying Profitability, a Sound Cost Structure
      • Value-Based Performance Metrics
  • Books
    • Out of the Cubicle and Into Business
    • SBIR Basics
  • Contact
  • Events
    • CED Grants Workshop
    • Compliance from Day One to Closeout: Mitigating Financial Risk through Compliance
    • Found & Fund: New Venture Formation and Financing
    • G.R.A.B.™ for Success! – Gratitude, Resolve, Attitude, Belief™
      • G.R.A.B. for Success Webinars
    • Grants Budgets
    • Grow Your Business: Making the Choices and Establishing the Structures that Make the Difference
    • Lunch & Learn Experts Series: Grants
    • QuickBooks – Creating the Company File and Structuring for Results
    • QuickBooks: Company Preferences, Navigation, and Quick Tips
  • Expertise
  • News

  • News & Events

    • 7.22.10 — FOX Business Publishes Lea Strickland Article on Seniors as Entrepreneurs
    • 5.24.10 — F.O.C.U.S. (TM) Resources Achieves Major Milestone
    • 4.7.10 — Center for Innovative Technology hosts Lea Strickland to lead accounting and grant workshops
    • 2.10.10 — Business Strategist Lea Strickland Speaks to Executives in Transition
    • 12.09.09 — American Management Association Publishes Lea Strickland Article in MWorld Magazine
  • Resources

    • Business Advisor Articles
    • Carolina Newswire Expert's Corner
    • F.O.C.U.S. on Business Newsletter
    • F.O.C.U.S. on Commercialization Newsletter
    • F.O.C.U.S. ™ Resources
    • Free Stuff
    • Lea's Blog
    • Local TechWire Articles
    • NC Tech News Articles
    • Shop
  • Lea’s Tweets

Fusion theme by digitalnature | powered by WordPress
Admin Login Entries (RSS) and Comments (RSS) ^