Insurance Contract for Obtaining Your Inventory – Blessing or Curse? Part 3 of 3 January 2005   This is a three part article, check the last two month’s issues for part one and two, or visit our web site. We get lots of inquiries about the pros and cons of an insurance contract for obtaining

This is a three part article, check last month’s issue for part one. We get lots of inquiries about the pros and cons of an insurance contract for obtaining inventory. Also, due to the high cost of selling through pools, many insurers are considering contracts again. An insurance contract refers to a contract between a

Last month I discussed clearly defined structure. However, it does no good if you never follow up to ensure that those expectations are met. Always be fair. If your employees are going to have bonus plans, give them the bonus plans and clearly inform them how they are going to be measured. Do this as