5 Ways Businesses Can Build Trust

5 Ways Businesses Can Build Trust

Business ethics are important, but they are insufficient for companies that want to build trust with employees, shareholders and customers, writes Robert Hurley of Fordham University. "Trust comes from delivering every day on what you promise -- as a manager, an employee and a company," he writes. Trustworthy companies look out for others' best interests, follow through on their commitments and focus on communication, he writes.

- The Wall Street Journal
http://online.wsj.com/article/SB10001424052970204138204576603031565507232.html?mod=dist_smartbrief

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
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5 Dangers of Doing Business With Family and Friends | BNET

Here's an article that touches the heart. Family and business don't always mix well. Make sure the skills really match the opportunity. Triple check that the risks are really worth the 'potential' rewards...
All bets are off.

http://m.bnet.com/blog/customer-relationship/5-dangers-of-doing-business-with-family-and-friends/936

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

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Sent on the Sprint® Now Network from my BlackBerry®

Great Products Alone Don't Guarantee Your Profit

Why a great product won't guarantee you make money

Alex Matjanec helps consumers manage their money better through MyBankTracker.com, and he says many entrepreneurs live "invoice to invoice" because they fail to grasp basic financial principles. Know your true costs, don't confuse profits with cash flow and plan ahead to take advantage of tax deductions, he urges. When it comes to pricing, "plan to start high with expectations of lowering." 

BusinessNewsDaily.com 
http://www.businessnewsdaily.com/bank-tracker-money-advice-1168/

Victor Lloyd Smith
vsmith@mlgcap.com
917-653-4406

Build Your Legacy
www.LegacyCapitalBook.com

--------------------------------
Sent on the Sprint® Now Network from my BlackBerry®