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 [...]
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 [...]
4 Reasons Good Management Accounting Speeds Up Your Growth
I am not an accountant, I am a business growth consultant. But, I use management accounting information for planning and decision making every day when growing a company. So, I ask you. How good is [...]
A Few Simple Things Bring Business Success
Business success doesn’t just happen. It’s a takes a lot of hard work. But, that hard work needs to be focused like a laser on what success means to you. Once you know what it [...]
5 Steps for Creating Accountability in Your Business
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 a [...]
Sound Project Management (PM): A Key to Successful Strategy Execution
Strategy execution is a current theme at Your Small Business Growth. So, I have been giving strategy execution a lot of thought. There have been lots of connections that I have made as I think [...]
Business Execution – 10 Things Make You More Effective
Last week I started a new set of articles focused on execution titled Why Business Execution in Critical to Successful Growth. In it I tried to convey the difference between just taking action and business [...]
10 Keys to a Successful Business Plan
I saw this article and infographic in Entrepreneur on how to develop a successful business plan and said “they nailed it!” You’ve heard me talk about successful business plans from time to time. It’s not the [...]
Why is Project Management Critical to Business Growth
For years I have tried to spread the word that business growth is a standardized process as I documented in my post The Search for Business Growth Continues. The main premise is that a business matures through [...]
Answering 4 Questions Makes Your Revenue Goal More Achievable
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 [...]
5 Things You Can Do Now to Improve Revenue Next Year
Well fourth quarter is here. While many will scramble to hit their revenue goals, if they're not on track yet it's probably because they started too late last year. So, this year start earlier to [...]
8 Critical Factors for Any Succession Plan
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 [...]
