JC Penny’s Reorganization

If you watch television pretty regularly, then you have likely seen the new logo and ads for the popular retail chain JC Penny.  A new logo and spokesperson are not the only changes that the company has been making recently though.

As a part of their plan to reorganize, JC Penny laid off six hundred employees.  The new Chief Executive Officer, Ron Johnson, came on board last year.  He was formally with Apple, and he is implementing a plan that will reduce the company’s costs by $900 million by the end of 2013.

Debt Affects Us All

Debt is not a laughing matter.  It is something that many people all across the United States have to deal with.  It is not just individuals dealing with the issue of debt.  Businesses also have to face the fact that they have debt too.  Two years ago I decided to get debt free.  It was not easy, however, it was not as difficult as I had originally thought it would be.

Apps To Manage Cash Flow Forcasts

This time of year there is usually one thing on most business owner’s minds, and that is financial planning for the year coming up.  This is something that can make people lose sleep at night, and it is definitely not on the fun to-do list.  Unfortunately at this point in the year, meaning the end of the year, your business should already be pretty well set up for next year and you should just be making minor adjustments here and there.  That idea alone might be  giving you a headache just thinking about it, but you can rest easy because thankfully there are tools out there in the form of apps that will give you an edge on managing your cash flow forecasts and more.

Why Do Startups Fail?

The economy is bad.  I mean, let’s face it, financially things have surely almost never been worse on a global scale than they are right this minute, and it’s no wonder investors are hanging back watching the markets for signs of an upward trend before they get brave again.  You might think that in this uncertain climate, only a fool would think of launching a new tech startup now.  And if he did, the startup would be en epic fail.  This is not necessarily true, though – and the real reason startups are failing is the same reason they failed during the boom.