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8 Business Growth Factors You Can Influence and Grow Your Business

8 Business Growth Factors You Can Influence and Grow Your Business

In a previous post titled The Search for Small Business Growth Continues, I discussed five stages and eight business growth factors influence business growth.  This is based on extensive research and two decades of seeing them in action. Here I want you to understand what REALLY influences business growth.  This is critical because these 8 business growth ... Read More
 
Succession Planning vs. Exit Planning Which Do You Use?

Succession Planning vs. Exit Planning Which Do You Use?

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 is really identifying, training, and transferring the leadership/management of a company to another person or team of people.  Exit planning, on the ... Read More
 
What Is a Self-Sustaining Business?

What Is a Self-Sustaining Business?

I talk about a creating self-sustaining business all the time.  In fact, it’s the core of the Business Growth Simplified business philosophy! Assisting 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 to determine if you have ... Read More
 
6 Questions That Help You Increase Revenue

6 Questions That Help You Increase Revenue

Completing Your Mid-Year Recalibration to Increase Revenue We’ve hit the mid-year point again.  Many small businesses are looking at their numbers and asking “can we get there from here?”  That depends, are you going to leave it to chance or are you going to aggressively manage it? To aggressively managing it doesn’t mean just more ... Read More
 
Build an Asset NOT Just a Job – Entrepreneurship

Build an Asset NOT Just a Job – Entrepreneurship

Do you work your business like a job for a paycheck or do you build an asset which will generate wealth like an on-going annuity for you and your family? This is what keeps small business ownership from true entrepreneurship. I picked entrepreneurship as the topic because I am up to my neck in interviews this week.  A ... Read More
 
3 Ways Clear Vision Contributes to Your Business Growth

3 Ways Clear Vision Contributes to Your Business Growth

Vision is passion documented.  And passion is a powerful motivator.  In a previous post titled Why So Many Small Business Owners are Unhappy, I discussed how many entrepreneurs get distracted by the day-to-day operation of the business and lose the passion that drove them in the beginning.  The reason this happens is because they have ... Read More
 
Creating Your Business Plan Made Easy!

Creating Your Business Plan Made Easy!

Writing a business plan is really just a mechanical process.  The reason writing a business seems so hard is most people haven’t answered 2 critical questions before they start — “what” and “why”.  The first question “what” gives you the target that you’re shooting for.  The second question “why” gives you the compelling business reason to ... Read More
 
What is Your Business Growth Stage?

What is Your Business Growth Stage?

Knowing your business growth stage is critical if you want to speed your business growth. A previous posting, The Search for Growth Continues, concluded a 5 business growth stage model made the most sense. It’s most common and statistical research supports it . Here are the five business growth stages used in the BGS business growth model: ... Read More