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This Week in Business Strategies

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November 26, 2018—To better assist shop owners with their production management, marketing tactics and leadership styles, Ratchet+Wrench has compiled a short list of essential business-building material from some of its favorite sources.

These Two Strategies Can Help Improve Cash FlowInc.
Profit without cash is not a winning formula in the long run. If you don't have cash on hand, hiring employees or doubling down on your successful marketing campaign is 10 times harder. Want to make sure you don't fall into that trap? Here are two great tips to help you stay afloat and keep cash flowing consistently into your business:

A New Way to Become More Open-MindedHarvard Business Review
Benjamin Franklin knew he was smart — smarter than most of his peers — but he was also intelligent enough to understand that he couldn’t be right about everything. That’s why he said that whenever he was about to make an argument, he would open with something along the lines of, “I could be wrong, but…” Saying this put people at ease and helped them to take disagreements less personally. But it also helped him to psychologically prime himself to be open to new ideas.

The Top Business Books of 2018 That All Entrepreneurs Should ReadInc.
Does "best" mean well-written? Most useful? Best-selling? And what, exactly, is a "business book?" Do inspirational books count? What about CEO victory laps? Biographies? To get around all this ambiguity, the writer of this article is limiting this year's list to books that everyone in business should read, because it will give them perspective on the major trends that will influence how business is conducted over the next decade. 

The 50 Most Daring Entrepreneurs in 2018Entrepreneur
Entrepreneurship isn't easy. It requires bold action. We spotlight 50 entrepreneurs who dared to go big in the past year–and who can inspire us all to dare even bigger.

How to Manage Your Workload During the Holiday SeasonFast Company
If you’re worried that your life is going to be miserable during the holidays because your coworkers will be gone, here’s how to mitigate that concern.
 

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