Law firms are known for their tradition and adherence to established practices, which can often make it difficult for them to embrace change. However, in today’s fast-paced and constantly evolving business landscape, resistance to change can have serious consequences for law firms. In this article, we will explore how resistance to change can harm law firms and what can be done to overcome it.
Why to Hire a Professional Bookkeeper Written By Geoff Burns According to the Small Business Administration, 67% of all businesses fail within the first 10 years. The primary reason for this is lack of cash flow. In fact, 82% of businesses that fail, do so because of cash flow problems. In addition to cash flow …
The Eisenhower Matrix Written By Geoff Burns Dwight D. “Ike” Eisenhower was a five star Army General during World War II and the 34th President of the United States of America. He is responsible for implementing the Interstate Highway System that is in use today. However, many do not know that he developed a simple …
Understanding Your Financial Reports Written By Geoff Burns Whether you are a small business owner, entrepreneur, or nonprofit leader, you need to use financial reports to evaluate your fiscal position. Unfortunately, even for seasoned leaders, most people don’t fully understand how their reports are generated, how to tell if they are accurate, what they mean, …
As an organization ages, it is not uncommon for it to experience “drift.” Drift can be a natural process of the shifting landscape with which an organization operates. A controlled approach to change is not really the same as drift, however. The March of Dimes comes to mind. Their original purpose was to eradicate polio, …
