Increasing Profitability So It Sticks!

2022-05-26T13:00:25-07:00Accounting & Finance, Recent, Slider, Strategy|

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 [...]

Operational KPI’s Drive Profitability and Business Growth

2022-05-26T12:47:40-07:00Operations, Planning, Recent|

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

2021-04-24T13:35:24-07:00Accounting & Finance, Recent|

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 [...]

Monitoring Business Performance Means More Than Reviewing Your Financials

2022-04-20T20:37:21-07:00Accounting & Finance, Planning|

How do you keep the pulse of your business? By monitoring business performance so that you successfully achieve your business goal, and you must do it religiously. We know most owners don't do their financial [...]

4 Reasons Good Management Accounting Speeds Up Your Growth

2021-04-18T10:07:30-07:00Accounting & Finance, Planning|

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 [...]

5 Steps for Creating Accountability in Your Business

2021-08-02T11:44:44-07:00Featured, Human Resources, Leadership|

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 [...]

Why is Project Management Critical to Business Growth

2019-02-17T09:03:06-07:00Featured, Planning, Project Management|

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 [...]

8 Critical Factors for Any Succession Plan

2020-06-15T08:46:55-07:00Featured, Human Resources, Leadership, Self-Sustainability, Succession_Exit|

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 [...]

Succession Planning vs. Exit Planning Which Do You Use?

2019-12-14T08:58:55-07:00Planning, Self-Sustainability, Strategy, Succession_Exit|

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 [...]

Successful Transition Planning – 9 Things to Consider!

2021-04-16T03:49:43-07:00Featured, Planning, Self-Sustainability, Strategy, Succession_Exit|

Business owners think about transition planning too late!  Many don’t think about transition planning because they believe that they will just sell their business and that’s the end of it. However, even with the sale [...]

Shiny Object Syndrome: 5 Questions Get You Past It!

2022-04-13T16:30:17-07:00Entrepreneurship, Featured, Home Page, Planning, Strategy|

I see small business owners get distracted (shiny object syndrome) 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, [...]

What’s Your Greatest Challenge in Exiting Your Business?

2019-08-24T17:10:22-07:00Featured, need keyword, Planning, Strategy, Succession_Exit|

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 [...]