5 Steps for Creating Accountability in Your Business

How to Create Accountability

Creating Accountability is Critical to Business Growth I talk with small business owners struggling with employee issues all the time.  .  I often hear “Oh, that stuff is just for big companies.  We only have 10 employees.” Their mistake is that … [Read more...]

10 Keys to a Success Business Plan

10 keys to a successful business plan

I saw this article and infographic in Entrepreneur and said “they nailed it!”  You’ve heard me talk about business plans from time to time.  It’s not the plan that is important to you as a business owner.  It’s what you learn by going through the … [Read more...]

Answering 4 Questions Makes Your Revenue Goal More Achievable

4 fingers

What would it be worth to know exactly what every person in your business needs to do to achieve your revenue goal for next year?  Imagine if every person's objectives were set specifically to support the revenue goal!  It's actually simpler than you … [Read more...]

8 Critical Factors for Any Succession Plan

Resistance Diagram

As I presented in my previous post Succession Planning vs. Exit Planning Which Do You Use?, the primary goal of any succession plan is leadership transfer.  So, you can imagine that things can get a little tricky. One of the biggest reasons is … [Read more...]

Succession Planning vs. Exit Planning Which Do You Use?

Succession Planning

Often the terms succession planning and exit planning get used interchangeably.  However, there is a definitive difference between the two. It’s important as a business owner that you understand the difference. Succession planning focuses on … [Read more...]

Successful Succession Planning – 9 Things to Consider!

Succession Planning

Succession planning is something too many small business owners think about too late!  Many don’t even think about succession planning because they believe that they will just sell their and that’s the end of it. However, even with the sale of a … [Read more...]

Cash Flow is KING: How to Monitor It Easily!

Cash FLow water facet

While cash flow is a regular topic here, it's been a while since we hit the topic from a finance and accounting perspective.  While many small business owners find accounting to be tedious it is extremely important if you ever want to have success … [Read more...]

5 Questions Help You Get Past Shiny Object Syndrome

Shiny Object Syndrome

I see small business owners get distracted from their main vision all the time.  It’s amazing how many owners have attention deficit disorder (ADD). ADD can be a strength in business.  But, it also presents its challenges by creating what I call – … [Read more...]

What’s Your Greatest Challenge in Exiting Your Business?

Businessman with World on Shoulders

Is Your Business Ready for You to Leave? Last week I post a question, “What's Your Greatest Challenge in Exiting Your Business?”, on LinkedIn.  My intent was to get some feedback before writing the next few weeks’ posts on “exit/succession … [Read more...]

Personal Credit Card Usage for Business May be More Pain Than Relief

The number of people using their personal credit cards for business purpose is growing and that might just prove to be a disastrous financial decision given the risk of mixing pleasure with business. The National Federation of Independent Businesses … [Read more...]

Is Your Goal Already Leaving You Behind?

Train Pulling Away

Ok, so it’s the week 3 of the New Year.  Did you make a New Year’s resolution for business growth?  If so, where are you tracking so far, and will you make it? Most will tell me, “it’s too early to tell?”  But, is it?!!! There are things that … [Read more...]

Are You Missing a Piece of Your Business Growth Plan?

Putting the Pieces Together

Last week’s post was directed at those who set business growth as a goal for New Year.  While the 7 questions addressed in the post are critical, they are not all the pieces to the growth puzzle. The 7 questions only address the business aspects … [Read more...]

3 Things to Get the Right People on the Bus

Getting on the Bus

To build a business it takes a team.  In fact, it’s more important than most small business owners think! Ask any investor or lender and 9 times out of 10 they’ll tell you the most important factor that they evaluate is the TEAM.  Why?  Because if … [Read more...]

4 Characteristics for Creating High Performance Organizations

4 hand together

Over the past month I’ve posted on several important topics including delegation and outsourcing.  If you’ve read these posts you may have seen some mutual skills/actions needed. They are not specific to these topics. I began searching for the … [Read more...]

Restore your business finance through debt consolidation – A guide for the entrepreneurs

If you’ve accumulated a huge amount of unsecured debts, you need not worry as you can opt for business debt consolidation through which you can finesse your business finances. If you’re a business owner, keeping careful track of your business … [Read more...]

Strategic Planning Success – A Real World Example

Double Revenue Growth Chart

This weekend I ran into a prospect from a technology company that I had proposed a strategic planning retreat for their senior leadership team 3 or 4 month ago. Let’s call them company 1. We spoke about how they are trying to decide whether to … [Read more...]

Double the Business Funding Potential of Your Growing Company

Financing Ahead

Getting business funding is always difficult.  But, add the banking challenges of recent years and it only makes it harder! The truth is banks are still lending.  And, there are many other sources of funding that can help you fund your business … [Read more...]

The 6 Step Success Process Re-Visited

Strategic Planning Framework Diagram

Last week in the post Will Your Business Grow This Year? I asked some very tough questions to get you thinking about what’s necessary to assure you’ll hit your business goals for this year.  Have you asked the questions yet?  And is your Q4 plan … [Read more...]

Will Your Business Grow This Year? – Why or Why Not?

Business Growth Improves with Planning

Did your business grow this year?  Why or why not?  If growth was not a goal this year, will it be a goal next year? These are questions you should be asking yourself right now as we begin moving into the final quarter of the year.  The reason is … [Read more...]

3 Questions You Must Answer to Successfully Exit Your Business

Business Exit

I attend a lot of meetings and seminars focused on exit planning.  But, most fall short because they only focus on the transactional portion of the process. In fact, if you follow the advice that I’ve been posting for more than 2 ½ years now, … [Read more...]