Business Management Outlining Sound Policies Keeping the Business in Balance
Business Management Outlining Sound Policies Keeping the Business in Balance
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In our eReader you can find the full English version of the book. Read Business Management Outlining Sound Policies Keeping the Business in Balance Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Business Management Outlining Sound Policies Keeping the Business in Balance
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The danger of optimism was his first test when he swung away from his desk and began to lay down the inflexible law upon which his business had been built. He went back to the turning point in the firm's career, when the vote went against swift expansion based on easy credit.
"We knew two things about money, " he declared. "We knew that hard-headed men will sometimes put money into unsound ventures. We knew, also, that nothing makes a trader so careless as to get capital easily. To keep ourselv...es in check, therefore, we delib- erately adopted the theory that money is the hardest of all things to get. We extended credit loaned our in- vestment in goods to buyers on the same basis. " How the adoption of this policy changed the plans of the young concern, he told in a few sentences filled with the philosophy of a successful business : "My partner was astounded to learn that fully twenty per cent of our accounts were not 'gilt edged. ' He be- gan immediately to use greater discrimination in mak- ing credits.
What to read after Business Management Outlining Sound Policies Keeping the Business in Balance?
You can find similar books in the "Read Also" column, or choose other free books by James G Blaine to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The danger of optimism was his first test when he swung away from his desk and began to lay down the inflexible law upon which his business had been built. He went back to the turning point in the firm's career, when the vote went against swift expansion based on easy credit.
"We knew two things about money, " he declared. "We knew that hard-headed men will sometimes put money into unsound ventures. We knew, also, that nothing makes a trader so careless as to get capital easily. To keep ourselv...es in check, therefore, we delib- erately adopted the theory that money is the hardest of all things to get. We extended credit loaned our in- vestment in goods to buyers on the same basis. " How the adoption of this policy changed the plans of the young concern, he told in a few sentences filled with the philosophy of a successful business : "My partner was astounded to learn that fully twenty per cent of our accounts were not 'gilt edged. ' He be- gan immediately to use greater discrimination in mak- ing credits.
What to read after Business Management Outlining Sound Policies Keeping the Business in Balance?
You can find similar books in the "Read Also" column, or choose other free books by James G Blaine to read onlineMoreLess
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