Building a Business – When it starts to Suck
It’s all you’re told to do these days... Scale your business. Grow your business. Build your business. Pick your synonym... Before you get started down that road though there are some things you need to plan for. It won’t always be rainbows and unicorns, but knowing...
Small Business Tip: How to Improve Cash Flow After a Bad Quarter
Your business just had a bad quarter and you need to figure out how to improve cash flow. Hopefully it’s the first time that’s happened in a while. Either way, you still need to hit your year-end sales goals, and you need a plan to make that happen. I often find that...
Small Business Tips From 5 Successful Startups
I love listening to the war stories from other entrepreneurs... It’s a nice way for me to be reminded of all the tough lessons I’ve had to learn... I recently spent a little time listening to five founders tell some of their stories. And it didn’t take long for me be...
20 Questions Your Business Consultant Will Ask
That's what you want. Business advice is no good when it doesn't solve the right problem. So when you hire a business consultant you expect at least two things: First, that they know how to figure out what the fundamental issue is; and Second...
What 7 Year Olds Know About Setting Employee Performance Goals
And How NASA used it to put a man on the moon. You’ve finally found it... How do you set employee performance goals that your team will attack automatically? How do you build behavior like that into your company culture? When you’re setting employee goals and trying...
Discussing 23 Inexpensive Ideas to Grow Your Business
Scale is the Holy Grail. Scaling a business can be exhausting. You're busy trying to drive day to day sales and make your mark as an industry expert. It's always important to keep in mind what the end goal is. Benjamin Franklin said, “Without continual growth and...
Small Business Math on the New Exemption from Overtime Rules
The new regulations on exemptions from overtime are out and they're going to have a big impact on some small businesses and no impact on others... I’m not writing this post to argue whether or not the rule change is good or bad... The new rules on exemptions from...
Business not running smooth yet? Become your own best competitor.
How your business got here. If there’s ever been a business that’s grown perfectly smooth without any growing pains, I haven’t seen it… Think back to the day you started your business. You were simultaneously anxious, proud, concerned and hopeful… When you started you...
12 Ways to Screw up Your Employee Bonus Plan
and How Not To.. When you first start offering an employee bonus plan in your business, it can be a challenge to create a good system for you and your employees… If you do it poorly it can be expensive and your business results won’t improve… And like everything else...
18 Ideas On How Business Owners Can Manage Employee Holiday Vacations
I’ll be home for Christmas. Or at least your employees plan to be… The holiday season leaves many small business owners stressed about how to balance the needs of their business with a generous holiday vacation schedule for their employees… How can you be fair to...
10 Avoidable Problems Stalling Your Small Business’ Growth
Ever feel like you're getting in your own way?... Like sometimes your business decisions don't work out as well as you planned?... Growing your business isn’t about having all the right answers before you start. These are the most common decision points where I’ve...
Reduce Employee Turnover – Help Them Quit Their Day Job
I'll say it now... Loyalty isn't a one way street. And because you're in a leadership position, in order to reduce employee turnover, you're actually in the spot where you have to move first on this one... What you sell to your employees is what they return to you....
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