Every team has a unique history worth lauding. The Miami Heat have had their fair share of wins and have created a legend worth the fan following. The Miami Heat is part of the Eastern Conference Southeast Division and the National Basketball Association (NBA).
Key Information
The Miami Heat joined…
Businesses rely on working capital management to ensure that operations are running efficiently. In other words, companies rely on established cash flow methods to ensure that monthly goals are kept in line.
Given the importance of capital management, it is essential to ensure that their system is both strong and…
Branding, marketing, and communication are all essential parts of a small business’s tool kit. This is how a company can stand out from the crowd. More importantly, it’s how a business ensures that potential customers know about them, remember them — and keep coming back.
Traditionally mom and pop stores…
Many athletes dream of one day competing in the Olympic Games and taking home the gold. The Olympics are made up of the greatest athletes in the world competing for the most coveted and sought-after medals. It is an international sports festival that is held every four years with both…
When staying on top of your business’s finances, it’s essential to have a good understanding of what working capital is. A simple definition of working capital is the difference between a company’s current assets and its current liabilities. Current assets include cash, customers’ unpaid bills, inventory, and more. …
It isn’t “just business” when you’re working with your family. Although sharing a family business can be wonderful and even empowering, family dynamics can quickly get in the way and make business personal. Anything from sibling rivalry, generational differences, and past conflicts can lead to ineffective communication and misunderstandings, which…
No matter how long a team’s winning streak is, eventually, there will be a loss. Coming back from that can be difficult, especially when egos are wounded. It’s important to not get discouraged, but it’s also equally essential that a team never gets comfortable with losing. …
In debt? For most, that’s the last place you want your business to be, but it can happen to anyone. When you find your small business in unmanageable debt, it’s essential to not panic too fast and start looking for a solution. Bad management of your debts can lead to…
Shopping local is a great way to find unique spots in your area. Florida is home to many amazing local shops and family-owned businesses. From unique restaurants, cafes, flower shops, and vintage stores, there is something for everyone. Whether or not you live in Florida, these places are well worth…
Coaches hold sports teams together, help them improve their game, and give them the constant motivation they need to take home a win. While there have been countless coaches over the years, some coaches have proven to be better than the rest. Not only have they brought in significant wins…
Barry Kornfeld
Based in Palm Beach, FL, Barry Kornfeld is a sports buff, small business owner, and commercial finance expert. Learn more at https://barrykornfeld.org.
