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Managing a Business/Questions Answered by Expert Brian Thompson

SubjectDate Asked
Career Opportunities12/6/2011
  Q: I'm not sure if you are the person I should ask, however with the experts on careers being limited I ...
  A: There is an old saying where I come from "a bird in the hand is worth two in the bush". What I'm ...
Mergers and Acquisitions11/30/2011
  Q: http://en.wikipedia.org/wiki/Mergers_and_acquisitions We often see there are Mergers and ...
  A: obviously these are two very different business scenarios. A merger is coming together of two ...
Remotely Controlling an Overseas Business11/12/2011
  Q: Good day, I just got an opportunity of taking over a small restaurant business as part of a debt ...
  A: Certainly a high risk proposition. my concerns would be you are not on the ground and so subtle ...
SWOT Analysis9/10/2011
  Q: SWOT : S -> Strengths W -> Weaknesses O -> Opportunities T -> Threats 1. Can you explain SWOT ...
  A: I think this is an assignment question and I don't answer assignment questions I will however try to ...
Quantitative analysis for managerial decision8/28/2011
  Q: Please help me by answering the questions listed below@ 1. ‘Statistics can prove anything’ ‘Figures ...
  A: I don't answer assignment questions, you need to do the work yourself otherwise you will not ...
Spreadsheet templates :S8/4/2011
  Q: I am a secretary for a company that does painting, cleaning, tub/counter resurfacing, and general ...
  A: much use can be made of MS Excel to keep a database and produce reports, as can MS Access but you ...
ford4/21/2011
  Q: I am trying to analyze the 2009 financial ratios of Ford's motor company such as their liquidity, ...
  A: Ford's current financial position is available so you are in the unique position of being able to ...
Organization structure4/19/2011
  Q: For a medium size manufacturing concern, whom do you think the Warehouse in-charge report to? Should ...
  A: I think that course of action is implied in my answer but of course there is no objection for ...
Organization structure4/18/2011
  Q: For a medium size manufacturing concern, whom do you think the Warehouse in-charge report to? Should ...
  A: Organisation structure is always a difficult question. Tradition would suggest it should be the ...
management functions and behaviour .for assignment3/8/2011
  Q: How do organizations cope with/postpone prospered obsolescence of managerial personnel.Discuss the ...
  A: Through training and long term succession planning. Obviously leadership includes recognition of the ...
ma3/4/2011
  Q: sir i have some question cloud you help me for solve this problem. 1. How do organizations ...
  A: This requires a great deal of reading and diligent study for you to understand what is required ...
Project Evaluation2/23/2011
  Q: Not sure is this is the right avenue for my query, but someone mentioned the good quality feedback ...
  A: Not sure I'm the person to answer your question. Post Project Evaluation is a broad subject and ...
strategic management1/6/2011
  Q: sir i will be very grateful if you answer those question. a) How has the financial crisis affected ...
  A: Normally I wouldn't attempt to answer such questions because I expect they are part of your course ...
Getting paid.11/17/2010
  Q: . my question is probably within your expertise, How founders of a any company who want to hire a ...
  A: Your question shows extreme inexperience in business. Consider this; A founder owns the company, ...
management11/6/2010
  Q: what problems are commonly faced in management of a business and their possible solutions?
  A: I expect that this is an assignment question and you might as well ask how long is a piece of string ...
Creating proposal for closing a branch9/28/2010
  Q: could you please provide a copy of a proposal or what I should include in one for providing to our ...
  A: Considerations redundancy or redeployment of employees Cost reductions impact on revenues Shutdown ...
working as a contractor/vendor9/16/2010
  Q: I have a question. I am just starting in a new business and I will be working as a contractor. ...
  A: The question you have to answer for yourself is how much is too much risk. You will take out your ...
Purchase commitment???8/23/2010
  Q: I have a small business and we are going to invest 40% of our capital in the initial purchase of ...
  A: Be very careful what words you use; a committment is just that, a binding contract which your ...
Managing Sales Tax7/30/2010
  Q: What is the recommended way to handle sales tax? We just deposit the gross receipts at the end of ...
  A: If you have difficulty managing cash flows so that there is insufficient to meet your liabilities ...
Management5/29/2010
  Q: Can you please explain "what does efficiency and effectiveness have to do with managing? Thank you, ...
  A: Efficiency is doing things in the shortest time, using the least resources for a given task ...
ethical awareness survey-25/23/2010
  Q: i've realised that you do not answer the homework questions however i couldn't get the idea of the ...
  A: You are persistent and I think you should apply that persistence to the answer to the question Look ...
ethical awareness survey-25/23/2010
  Q: i've realised that you do not answer the homework questions however i couldn't get the idea of the ...
  A: Even reading this fairly standard question I had the sense that the person was in a situation of ...
Management Functions and Behaviour3/29/2010
  Q: Respected sir, I am pursuing MBA as a distance learning Mode, i have some problems, so please help ...
  A: You expect too much, all of these matters are the subject of texts in management textbooks and as ...
Business contract3/3/2010
  Q: I am a partner in a small business, the problem I am having is that the manager we have had working ...
  A: You have a real legal problem there lenny I would say you are going to have to buy her out and make ...
Nail technology business assignment2/17/2010
  Q: i just need help with this hope you can help me.... Q How are you going to market your business: ...
  A: So what is your question? marketing is about how you are going to approach getting your business ...
Accounting and Finance for Managers1/27/2010
  Q: Q.4 The Finance Director of Ritoria Ltd thinks that the project with the higher NPV should be chosen ...
  A: I don't answer assignment questions Clearly project x offers a better return on investment even ...
Capital Investment and financing decisions12/23/2009
  Q: Q. How do i analyse the capital structure of a company and comment upon the factors influencing the ...
  A: To analyse a company Balance Sheet you need basic accounting knowledge so you know what the various ...
Advice11/23/2009
  Q: I have my own print shop which opened for more than a year and when I open this small business I was ...
  A: I could not seek to advise you without having figures and even then this is really about your ...
Operational planning11/7/2009
  Q: I work for a mid-size company and was promoted to MD recently. We distribute multiple brands & ...
  A: Operational planning comes down to a Strategic planning process which is regularly reviewed so that ...
Coporate Governace10/24/2009
  Q: I need help understanding what Transparency in Corporate Governance, and the relationship between ...
  A: I think you should begin by understanding what corporate governance means. Corporate governance is ...
Company letterhead8/24/2009
  Q: I am applying for an Indian Business Visa and submitted an invitation letter from a Director of the ...
  A: Commercial letterhead is usually of a particular standard, preprinted and containing enough ...
FINANCIAL MANAGEMENT8/20/2009
  Q: Dir, my question is "RISK ANALYSIS IN CAPITAL BUDGETING". Kindly eloborate ANSWER: Your question ...
  A: I will do this much for you I will give you a list of websites to research. This list was compiled ...
family in a corporation6/9/2009
  Q: My husband & I started a business 24yrs ago. We have allowed our son to buy into the business 7 ...
  A: I am under the impression that women can often have very frank discussions with each other, but I ...
Treasury Management6/4/2009
  Q: not an homework question Subject Name: Treasury Management please suggest me on this matter Case ...
  A: my answer to you is this hyperthetical is undoubtedly an assignment question and the answer will be ...
management question4/21/2009
  Q: sir, I know you dont answer the assignments question still i am writing the same question,Pl. guide ...
  A: I don't have time to work through poorly formated examples which contain reference to local ...
Capital Investment and Financing Decisions3/30/2009
  Q: Sir, I would appreciate if you could answer my following questions: Take any company of your choice ...
  A: I know these things are difficult but you must find the answers by doing the research yourself not ...
confusion3/16/2009
  Q: I m electronics & communication graduate , because I like my theoretical part of my studies , hate ...
  A: Let me say I have no idea what an MBA in telecommunications entials. An MBA is a qualification ...
referral bonuses3/8/2009
  Q: Your response would be greatly appreciated. Regarding referral bonuses for our cosmetics business, ...
  A: This suggestion sounds very enterpreneural and your margins will determine what position you are in ...
HRM3/1/2009
  Q: What is the difference between arbitration and grievance procedure?
  A: I feel this is an assignment question however just to point you in the right direction a grievance ...
Name Rights2/16/2009
  Q: I'm trying to sort out some issues involving two business' of the same name. When I chose my name ...
  A: since their use of the name was unregistered I would suggest that they are in a weak position and ...
working capital management2/9/2009
  Q: for my MBA Pl. give the answers to the following questions: Q-1 : What is the Role of Central Bank ...
  A: Normally I don't answer assignment questions but I feel that there is something important you need ...
Why?10/21/2008
  Q: Hey Brian, Why did you report, and get me chucked off AW? Pete
  A: Sorry Pete I have no idea what you are talking about. It's been a long time since I felt a report ...
management efficiency and effectiveness9/28/2008
  Q: i have been given an assignment in college regarding subject of management. i read that management ...
  A: I'm sure there are many texts you could consult.I hope this response is positive enough for you ...
management9/26/2008
  Q: In what sense the top management makes the company's decisions and in what sense it does not make ...
  A: I think this is a homework question but I will say this. The question shows a lack of understanding ...
management7/25/2008
  Q: problems of managing a named organization in nigeria. ANSWER: I have no idea what your question ...
  A: I have no experience of the conditions in Nigeria and therefore I cannot advise you. If you have a ...
Customers with skin disorders.5/14/2008
  Q: I MANAGE THE COUNTER AT OUR BUILDING MATERIAL YARD. WE HELP OUT HUNDREDS OF CUSTOMERS DAILY. I HAVE ...
  A: You could show some empathy to the customer by talking to him and politely asking him if he has an ...
Financial Management4/27/2008
  Q: I am doing MBA . This is my first year. I have one problem to be solved. here is my question. A ...
  A: if you are doing an MBA you should be able to do the relatively simple calculations associated with ...
ethical delimma4/22/2008
  Q: Please Mr Brian help out, i know its a homework question but i didn't understand it that is why i ...
  A: As I have already said integrity is important here The ethical issues are as adviser to his ...
ethical delimma4/18/2008
  Q: Please Mr Brian help out, i know its a homework question but i didn't understand it that is why i ...
  A: You will need to resubmit your question so I can review the detail again however in the meantime you ...
need to ask3/30/2008
  Q: I had a bachelor degree in engineering , all my past times I want to work in a managerial position , ...
  A: An MBA is the next logical step for someone aspiring to be a consultant, however practical ...
Funding Small Business Travel3/12/2008
  Q: I have a question in regards to funding business travel. Currently the management is getting a cash ...
  A: One way out of this is to give each employee a corporate credit card that way you avoid the interest ...
Partnership Problems12/2/2007
  Q: I am co-founder of an online web community. My business partner is currently out of the country and ...
  A: I suggest you privately take legal advice. You should have a partnership agreement in writing and ...
separation of funds10/23/2007
  Q: I am in the process of opening a business, but I have a question. I am married and my husband has ...
  A: touchy situation but as you say he has no need of your income. You should discuss this with him so ...
hi10/12/2007
  Q: i recently got an internship at a recording studio. they will though be makin' me a studio engineer ...
  A: This is a difficult question. Almost all business benefits from networking, that is developing an ...
Board of Directors10/3/2007
  Q: What does it mean to be on "the" board, and to be on several Boards of different companies at the ...
  A: A Board is the top of the chain of control and corporate governance in a corporation. the Board ...
knowledge mgt9/12/2007
  Q: I have a question and I'm not too sure if it's related to database but i'm just wondering what is ...
  A: I think this is a course assignment however a definition of knowledge may be found in a dictionary, ...
Cash flow statement8/21/2007
  Q: I started a retail business and tried to fetch a loan from a bank.The bank asked me to produce a ...
  A: A cashflow statement is a projection of the inflows and outflows of the business for a period of ...
An issue with a customer8/10/2007
  Q: my husband and I running small construction business. Our last client ( a lawyer) requested from us ...
  A: So, your client has called for an itimised account. This is not an unreasonable request and since ...
ask about7/13/2007
  Q: I have lot of information & knowledge in the follwing field (business mangament) I gained this ...
  A: My answer may not be what you seek I know of no online accreditation which would be worthwhile. the ...
To Do List5/21/2007
  Q: I want to ask some questions concerning Time Management especially the To Do List: 1- How, When and ...
  A: 1- How, When and Where should I make my To Do List? I suggest you make one daily 2- Should I ...
Corporate Structure4/22/2007
  Q: Mr. Thompson: Me and a friend decided to start a small business as a corporation. To retain control ...
  A: what you have here is a situation where one shareholder has all the power and can willfully make ...
action plan3/15/2007
  Q: I'm working as HR admin . , my manager asked for monthly action plan related to HR field . Actually ...
  A: what is usually done in a situation like yours is to do a SWOT analysis and some Gap analysis then ...
corporate info2/20/2007
  Q: What makes a business a corporation and is there a benefit to being a female owned corporation?
  A: I have great difficulty taking this question seriously a corporation is a legal entity formed to ...
some questions1/25/2007
  Q: i mean the company type.. let say i saw some company have such co., Ltd some have Plc.... some have ...
  A: a great deal of this is dependent on the country you are in PLC might mean Private Limited Company ...
Business Checking Account1/18/2007
  Q: What should I have a business check account separate from my personal checking account?
  A: It depends on the size of your "business" if you don't keep you business affairs seperate from your ...
Insurance coverage1/14/2007
  Q: In your experience have you known of insurance companies cancelling renewals of commercial policies ...
  A: The insurance company has the option of refusing to cover you. You apparently don't have adequate ...
S corp info12/31/2006
  Q: I would like to know if after a change of officers is filed and recorded should I notify all ...
  A: It would certainly be appropriate to notify all interested parties, vendors, bankers, customers, ...
S corp info12/30/2006
  Q: I am the president of an S corporation. It is a partnership including myself and my business ...
  A: You have not stated the reasons.It would be appropriate to have a agreement with your partner that ...
Operating cycle10/26/2006
  Q: Sir, If a business only sells items for cash, is my understanding correst the merchandiser ...
  A: Yes Yes the term accounts receivable refers to sales made on credit or even to goods held on behalf ...
Rightful Firing?10/12/2006
  Q: I am not sure if this is under your jurisdiction... but I am trying to figure out whether an ...
  A: This might depend on who the remarks are made to but using the employers equipment to harrass others ...
need toa ask10/2/2006
  Q: something is always frequent on my mind a great business man have factories , companies , so on ...
  A: Obviously he doesn't attempt to do this by himself This is what is called corporate governance, the ...
managar9/17/2006
  Q: who will really fit for managar position,men or women
  A: Difficult question. A real leader, or a born leader, will always emerge and such people should be ...
role definitions8/13/2006
  Q: I'm working in the IT industry in the middle management layer. I am somewhat confused at what is the ...
  A: 1) chairman Chairman is Chairman of the Board of Directors, the presiding officer and leader. 2) ...
SWAT Analysis8/11/2006
  Q: Many thanks for your swift responce, hhowever, I was hoping you could elabarate.Dear Mr Thompson ...
  A: SWOT analysis is usually undertaken in a benchmaking or brainstorming session. The focus is on ...
SWAT Analysis8/10/2006
  Q: What sort of decision-making situation is a SWAT Analysis most appropriate for? Best Wishes Rory ...
  A: S(trengths) W(eaknesses)O(pportunities) T(hreats) analysis is used in Strategic Planning to ...
Gas Allowance for business use7/17/2006
  Q: Greetings Mr. Thompson; First off thank you for voulunteering your time and your expertise. A little ...
  A: always difficult but perhaps your business needs to provide both of you with vehicle and meet all ...
RFP3/18/2006
  Q: I want to know,what is RFP (Request for proposal.How to prepare it Second question is what is RFQ( ...
  A: My email is paraclete@universalmail.com With an RFQ you should be responding to the quiery of your ...
RFP3/17/2006
  Q: I want to know,what is RFP (Request for proposal.How to prepare it Second question is what is RFQ( ...
  A: What we are dealing with here is a matter of scope and scale With an RFP you are usually dealing ...
Cash flow statement2/7/2006
  Q: Good morning, Please i wish to know what are the limits related to cash flow statement
  A: I don't know what you mean. The Cash Flow statement was developed to explain what might not be ...
business management11/13/2005
  Q: would you please explain goal-setting theoryand managementby objectives. provide an in-depth ...
  A: Gregory, Hi, what's this? an assignment question? I don't usally respond to assignment questions ...
Corporate Strategy!9/14/2005
  Q: I have been given a little project on corporate Strategy. The question is : What is the relevance ...
  A: I don't usually answer assignments since you need to do the work yourself however two pointers; ...
problem solving8/29/2005
  Q: My major corporation wants to launch a new program of leadership development. After all the ...
  A: Omar These things are difficult Firstly you might personally ring all those who were on your ...
bullying4/18/2005
  Q: How do I avoid or stop bullying? I am not working for any company yet, I am just concerned about my ...
  A: I think we first have to ask why do you have this concern? The adult employment world is not like ...
financial management4/9/2005
  Q: How is the job of a financial manager of a non-profit organization different from a financial ...
  A: 1. The job is no different the same duty of care exists 2. Yes however the manager my be prepared ...
Corporation2/27/2005
  Q: I sometimes hear the words 'independent director.' I know there are outside directors. They may mean ...
  A: Corporations Law differs from country to country. An independent director can't hold executive ...
Corporation2/23/2005
  Q: I sometimes hear the words 'independent director.' I know there are outside directors. They may mean ...
  A: an independent director is a person who has no affiliation with any other director or controlling ...
Record Keeping1/30/2005
  Q: I am a licensed acupuncturist and plan on giving the "paid online surveys" thing a whirl. If the ...
  A: I wish you well. From my observation, these paid online surveys offer much but produce little. I ...
Fashion12/12/2004
  Q: I am planning to create my own brand name, start selling 'purse' I designed, I found several ...
  A: You will need to get your Brand known. I expect you will try to have your accessory featured in ...
Directors11/29/2004
  Q: Define duties and responsibilities Answer - T I think your question somewhat crypic so I will ...
  A: Corporate governance is generally understood as the law, regulation and best practice under which a ...
chapter s stock transfer11/16/2004
  Q: It has been customary in our privately held chapter s corp. to transfer shares between our ...
  A: Lee In legal matters you should always consult a Lawyer when in doubt. Yes, the Directors can ...
Organizational planning10/29/2004
  Q: I am the president of a very successful non for profit agency. I have been with the company 19 ...
  A: As President of a not-for-Profit myself I understand how crucial it is to Build a Dynamic Plan. ...
Subsidiaries10/13/2004
  Q: 2 Followup Questions: 1) What is the minimum percentage a parent company can own one of its ...
  A: There is more than two questions in what you have asked. 1) What is the minimum percentage a parent ...
Subsidiaries10/12/2004
  Q: BusinessIn the US is there any way a subsidiary company can be owned by the person managing the ...
  A: Not sure of US law but the situation is generally that a subsidiary is a corporation where the ...
Management Theorists (This is not a homework question)9/19/2004
  Q: Select three early management theorists and analyse the contributions each made to the development ...
  A: Sue-ann Buy a management text book and study up on it there are many do you want early or late ...
some help9/16/2004
  Q: would you be able to tell me more abut this article in detail the important ideas? thank you so ...
  A: Sue I thought I answered your question. I sense you are a student. I don't do students work for ...
ethics7/31/2004
  Q: .. honestly i can find what category will i ask my question...here it goes.. what is the ethics in ...
  A: Raiza Thanks for your question Ethics in business is about integrity. Being able to stand behind ...
balance sheet7/13/2004
  Q: From the following data, Prepare the Income statement and balance sheet for the year ended December ...
  A: Mohhamed you have to gain understanding yourself The following are relevant to preparing a P&L ...
Financial Ratios2/19/2004
  Q: What is the relationship between the five categories of financial liquidity, leverage, coverage, ...
  A: Adam pehaps the best way to understand these relationships is to study the work of Stern Stewart ...
Finance2/9/2004
  Q: I am a student and these days I am doing techniques for evaluating investments in projects. I would ...
  A: David these techniques are all valid but used in different scenarios. Payback is appropriate to ...

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Brian Thompson

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Expertise

My expertise extends to general management, financial management, corporate govenance and everyday managerial problem solving

Experience

I have in excess of 30 years experience in the management of public and private organisations

Publications
Revival ~ a different perspective

Education/Credentials
B.Bus. FCPA, FCIS

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