End of Year Planning for a Successful 2021
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 [...]
Why an Entrepreneur Mindset is Important
As I reflect on what separate the successful business owners from all the others it clearly one key thing - an entrepreneur mindset. No matter what the problem small business owners face, in crisis or [...]
How Does a Small Business Survive During the Corona Virus 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 [...]
What is a Fractional COO and Do I Need One?
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 [...]
What Causes Cash Flow Problems
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 [...]
Increasing Revenue – Are You Applying the RIGHT Strategy for Your Situation?
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 [...]
Increasing Profitability So It Sticks!
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 [...]
Operational KPI’s Drive Profitability and Business Growth
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 [...]
What to Look for When Reviewing Financial Statements
Reviewing financial statements begins during your business planning process. The last step of your business planning should be developing your your financial budget. That is what financial targets should your team be focused as you [...]
Monitoring Business Performance Means More Than Reviewing Your Financials
How do you keep the pulse of your business? You must be monitoring business performance to successfully achieve your business goal. But too many small business owners think this means just reviewing their financial reports [...]
