Many contractors donât know their exact job costs, equipment costs and overhead budget, and consequently, many donât know how much profit they should make on any given job. Without an understanding of your numbers, you will end up busy and broke instead of productive and profitable.
Foreign policy of Theodore Roosevelt that was based on the proverb, Speak softly and carry a big stick and you will go far, which advocated that the US engage in diplomacy but also maintain a strong military readiness to back up US goals.
The big stick, in the phrase Speak softly and carry a big stick refers to the ability to use violence or force if necessary. The phrase is supposed to encourage people to avoid aggression by using caution but also to have a weapon at the ready. Continue Reading.