Tightly organized, no-nonsense financial advice that could be especially helpful to company owners who need a quick cash...

READ REVIEW

7 QUICK CASH FIXES

FOR ANY BUSINESS IN THE NEXT 30 DAYS

A cash flow expert doles out useful if obvious advice for cash-strapped companies in this breezy book.

Every company, large or small, could use more cash, and the aim of this book is to uncover hidden or overlooked sources of cash that a business owner could access quickly. Debut author Bixby, who operates a consultancy that helps privately held petroleum companies improve cash flow, wastes no time; in short, punchy chapters, she zeros in on seven simple, specific tactics. Bixby describes each of the ideas, pulled from her own experience, using relevant examples and including helpful tips and a “success tracker” chart to monitor actions taken. “Quick Fix #3,” for example: “Get rid of just one non-turning or slow inventory item.” Bixby’s capsule case of a client who unloaded $30,000 worth of goods sitting in a neglected warehouse in less than three weeks dramatizes the efficacy of the tactic. Her accompanying advice to “never stock more days’-worth-of-product than 1.5 times your supplier’s delivery frequency” could be an invaluable tip for managers struggling with inventory control. Beyond the seven “quick fixes,” which constitute less than half of the book, are four “bonus sections” that may actually be even more useful than the fixes themselves because they address long-term business strategies. “Really Smart Banking,” for instance, discusses ways to calculate the business value of a company to a bank, effectively work with loan officers, structure bank loans, and extend maxed-out credit lines. The material targets the less-seasoned business owner: the writing is succinct and to the point, and the text uses bulleted copy, lots of subheads, and detailed “action items” at the end of each chapter. These elements make it easy to scan the content and cherry-pick the tactics and strategies most relevant to the reader.

Tightly organized, no-nonsense financial advice that could be especially helpful to company owners who need a quick cash infusion.

Pub Date: Oct. 28, 2016

ISBN: 978-1-4954-6513-0

Page Count: 168

Publisher: CreateSpace

Review Posted Online: Feb. 2, 2017

Kirkus Reviews Issue: March 1, 2017

Did you like this book?

No Comments Yet

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

THINKING, FAST AND SLOW

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 4, 2011

Kirkus Reviews Issue: Sept. 15, 2011

Did you like this book?

A deftly argued case for a new kind of socialism that, while sure to inspire controversy, bears widespread discussion.

CAPITAL AND IDEOLOGY

A massive investigation of economic history in the service of proposing a political order to overcome inequality.

Readers who like their political manifestoes in manageable sizes, à la Common Sense or The Communist Manifesto, may be overwhelmed by the latest from famed French economist Piketty (Top Incomes in France in the Twentieth Century: Inequality and Redistribution, 1901-1998, 2014, etc.), but it’s a significant work. The author interrogates the principal forms of economic organization over time, from slavery to “non-European trifunctional societies,” Chinese-style communism, and “hypercapitalist” orders, in order to examine relative levels of inequality and its evolution. Each system is founded on an ideology, and “every ideology, no matter how extreme it may seem in its defense of inequality, expresses a certain idea of social justice.” In the present era, at least in the U.S., that idea of social justice would seem to be only that the big ones eat the little ones, the principal justification being that the wealthiest people became rich because they are “the most enterprising, deserving, and useful.” In fact, as Piketty demonstrates, there’s more to inequality than the mere “size of the income gap.” Contrary to hypercapitalist ideology and its defenders, the playing field is not level, the market is not self-regulating, and access is not evenly distributed. Against this, Piketty arrives at a proposed system that, among other things, would redistribute wealth across societies by heavy taxation, especially of inheritances, to create a “participatory socialism” in which power is widely shared and trade across nations is truly free. The word “socialism,” he allows, is a kind of Pandora’s box that can scare people off—and, he further acknowledges, “the Russian and Czech oligarchs who buy athletic teams and newspapers may not be the most savory characters, but the Soviet system was a nightmare and had to go.” Yet so, too, writes the author, is a capitalism that rewards so few at the expense of so many.

A deftly argued case for a new kind of socialism that, while sure to inspire controversy, bears widespread discussion.

Pub Date: March 10, 2020

ISBN: 978-0-674-98082-2

Page Count: 976

Publisher: Belknap/Harvard Univ.

Review Posted Online: Dec. 22, 2019

Kirkus Reviews Issue: Jan. 15, 2020

Did you like this book?

No Comments Yet
more