The Employee Scenarios Defined Several events recently occurred with client businesses that made me take a step back and really try to understand a why small business owner makes some of the decisions that they do! For nearly a year I have been advising one client to put better employee systems in place. Well, it’s ... Read More
Growing a self-sustaining business is the core of the Business Growth Simplified business philosophy! It is the focus of everything we do. That means we… Assist small business owners in growing a self-sustaining business. But, what does a self-sustaining business really look like, and how do you know that you’ve created one? The test for a ... Read More
In a previous post titled Getting Beyond the “Survival Stage” of Growth in Your Business, I touched on the process by which you begin building systems which your business can operate on its own. Here I want to focus on how you actually do it. First, the process is pretty simple: Do It Document It ... Read More
Consistent profitability is the goal of the survival stage. So, your operational focus needs to be increasing efficiency and productivity. If you can do what you do faster, you can improve cash flow which in turn helps profitability. But, that means you already know exactly what you are doing so you can refine and fine ... Read More
A previous post I shared was on what your marketing in the foundation stage needs to strategically focus on. With breakeven systematically achieved, it’s time to focus on profitability which is the goal of the self-sustainability stage of the growth cycle. Marketing’s primary objective here will be to generate leads. Often this is a struggle ... Read More
If you’ve been following along on our blog then you are already familiar with the small business growth cycle. You also understand that each phase has a specific goal on which you must focus. This week we want to begin looking functionally at what you should do within the survival stage. Because revenue is one ... Read More
Ok, over the past 4 weeks I have laid the foundation for successfully growing your small business and becoming an entrepreneur. So what’s next? Well, you might think understanding each stage of the growth cycle would make sense. On the surface this is a good place to start, but I find most small business owners ... Read More
In order to achieve success in any small business you must pass through several stages along the way. You cannot skip a step. Frequently business get stuck for just that reason. The entrepreneur isn’t aware of these stages therefore he/she is focused on the wrong objectives for their stage of growth. Focus on the right ... Read More
A great family and friends, beautiful home, nice cars, regular vacations, all the material things you could ever want. Your life is a dream. Sound familiar or like what you want for your life? I meet small business owners all the time that live this lifestyle. The problem frequently is they don’t realize how close ... Read More
When I was first asked to participate on this panel, I thought, “WOW things really have come full circle!” You see, I started my business back in 1991 on a shoestring. I had no marketing experience having just got out of the Air Force. I was lucky enough to stumble upon a seminar on the same ... Read More
A great family and friends, beautiful home, nice cars, regular vacations, all the material things you could ever want. Your life is a dream. Sound familiar or like what you want for your life? I meet small business owners all the time that live this lifestyle. The problem frequently is they don’t realize how close ... Read More