Contributed by Jacob Thompson A mobile merchant account allows for a business to accept mobile payments through a cell phone or mobile device. Here are just five ways accepting mobile payments can help expand your business. 1. Billing … [Read more...]
Success Step One – Find Your Passion

You have probably heard the adage “the first step is the hardest.” Nothing could be truer when it comes to success! It’s the reason most people flounder or never reach their goals. Because to get there you need to look within first, and … [Read more...]
SUCCESS – 6 Steps That Get You There Faster!

Why Understanding Success is So Important Most people seek out the service of my company when they are frustrated. While often they say it is their business, more often than not it’s because they haven't taken the time to define success for … [Read more...]
1 Simple Question Can Change You Into an Entrepreneur

I was at a networking event this morning for business transition planning. The statistics were shocking as to how few small business owners really think about transition planning, or more traditionally referred to as exit planning. As the … [Read more...]
3 Goals in the Correct Order Creates Business Growth

Business growth is a challenge for many small business owners. I frequently find the reason for their struggle is they are focused on the wrong objective for their stage of business growth. All small business owners should be focused on … [Read more...]
Entrepreneurs Build an Asset NOT Just a Job

I picked this topic because I am up to my neck in interviews this week. A client finally admitted he didn’t want to do his job any more so we are trying to find his replacement. An example of how many small business owners start a business for … [Read more...]
3 Ways Personal Reflection Can Help You Grow Your Business

During this time of year most of us stop long enough to take a breath. If you use this time correctly you can actual put your life and business on course for success. You see it is in reflection that success is born, so use it to put yourself of … [Read more...]
5 Competencies of an Entrepreneur vs. Small Business Owner

About a week ago I received a really good article “Is there a difference between entrepreneurs and business owners?” It states what I’ve said for years as people throw around the term “entrepreneur” like it’s something that you wake up … [Read more...]
3 Business Questions You Must Answer Before You Can Successfully Use Social Media to Grow Your Business

Social media is all the rage these days. Millions use it daily as their way of communicating with the world, making it ripe for the picking as a business tool. But, too frequently I see business owners rush off into social media without a clear … [Read more...]
4 Actions Can Fix Sluggish Business Performance

Sluggish business performance is a pretty subjective phrase. I define it as anything that prohibits and entrepreneur from achieving their realistic business goals in the specified timeframe. There is a critical word in that definition … [Read more...]
16 Questions That Can Help You Fix Stagnant Growth

Stagnant growth is a result of a misfiring revenue engine. In order to grow your business you must expand. The revenue engine is a concept DE, Inc created to explain how to evaluate the operational cash flow cycle of the business to small … [Read more...]
Poor Cash Flow – 5 Things That Could Be Causing It

Cash flow is a critical concept that many entrepreneurs don’t fully understand. I believe this is because they usually hear about it from accountants that try to explain it in accounting terms. Poor cash flow is an operational issue. And, you … [Read more...]
2 Things Can Kill Your Profits

If your profits are not where you want them there is only 2 things that can be wrong – either you don’t have enough revenue and/or your expenses are too high! Sorry to make it so simple, but it is! Too frequently entrepreneurs overcomplicate … [Read more...]
Is Your Revenue Underperforming?

Do You Know Why? Many entrepreneurs jump to the conclusion that because revenue levels aren’t where they want, it must be a sales problem. While more times than not this is the case it may not be the only reason. I bring this up because if … [Read more...]
Growing Your Business Again – Easy as A,B,C

I know small business owners with several companies within the construction and real estate industries that have nearly doubled their assets even in a bad economy. How is that possible? Growing a business is a process Growing your business is … [Read more...]
Growing a Small Business – 3 Things Make It Happen Faster

Growing a small business is actually a simple process. There is a defined and predictable formula to small business growth. The problem is most small business owners don’t take the time to learn the formula! While the formula is simple it is … [Read more...]
9 Benefits of Factoring Receivables

Many people are afraid of factoring, but frequently that’s because of the stigma often attached by the banking community to this form of financing. There actually are many very positive aspects to factoring. See if any of these could help your … [Read more...]
How to Have Success – Getting Out of Your Own Way!

Recent activity in my consulting business has revolved around a number of start-up companies. It has made me revisit the existence of the small business growth cycle once again. One of the observation I that I wrote about in an earlier post … [Read more...]
What Do You Do When the Bank Won’t Finance Your Business?

Accounts Receivable Factoring Factoring may not be the world's oldest profession, but not far from it. This financial practice can be traced back to theRoman Empire. Factoring was the dominant form of finance in the American colonies before the … [Read more...]
3 Reasons Entrepreneurs Struggle Financially

Any entrepreneur will tell you one of the biggest issues that they struggle with is having enough financial resources to accomplish their business goal. This is because a business cannot exist without this resource, but many businesses don’t have … [Read more...]

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