Category Finance

TOTAL QUALITY MANAGEMENT

  Total Quality Management (TQM) refers to continuous and complete improvement in all aspects of business (internal & external) and is essential for both business and customers; a strong TQM system needs both a methodological and people element. In order to achieve absolute quality control and smooth functionality, we need to continuously evaluate our business […]

EXTERNAL SOURCE OF FINANCING

A contractor may only grow to a certain extent without using an external source of financing (ESF) due to limitations to their target market and prospects. Every now and again, I interact with a contractor that either does not use an ESF or has little to no experience working with a lender. I find that […]