As a small business owner, your dream is to acquire financial freedom, not only to pay the bills, but to scale your venture to be self-sustaining and serve as an asset. However, you may find [...]
Entrepreneurial success rarely just happens. Five key behaviors drive successful entrepreneurs which in-turn create the traits needed for a successful business. So, why don’t more business owners make these behavioral changes? Many entrepreneurship programs focus [...]
We are just 2 months away from the new year. How are you getting ready for it? Many of us begin our end of year planning about now. We all faced once in a [...]
As I reflect on what separate the successful business owners from all the others it's clearly one key thing - an entrepreneur mindset. No matter what the problem small business owners face, in crisis [...]
If your life hasn’t been affected by the corona virus, then you’ve been sleeping under a rock! And if you own a business how do you survive during the corona virus crisis multiplies your stress [...]
The COO or chief operating officer is usually the second in command in a company, and according to HBR have a deep knowledge of marketing, sales, and operations. A fractional COO provides part time support [...]
Most small business experience cash flow problems at one time. But what really causes a cash flow problem? Accountants tell you not enough cash coming in the business for what you’re spending causes cash flow [...]
Is your business goal or one of the objectives this year increasing revenue? Notice I said “revenue” not “sales.” Small business owners often use these terms interchangeably. They are not the same! Increasing sales is [...]
How to Strategically Increase Profits in Your Small Business In writing this post I did some research. What I found when searching “increasing profitability” was very disheartening. Why, you might ask? Because everything was a [...]
Business profitability and growth not where you expect? If the only operational KPI’s you review are on your financial reports, then you don’t have the control necessary to influence your business’ performance, resulting in decreased [...]
Reviewing financial statements begins during your business planning process. The last step of your business planning should be developing your financial budget. Your budget establishes the financial targets your team should focused on achieving as [...]
