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 a [...]
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 financial budget. Your budget establishes the financial targets your team should focused on achieving as [...]
8 Business Growth Factors to Influence and Grow Your Business
In a previous post titled What is Your Business Growth Stage? , I discussed 5 stages and 8 factors influencing business growth. This is based on extensive research and two decades of experiencing them in [...]
Leading a Small Business vs. Large Organization
I learned my leadership very early in my career. In fact, I learned even before my career began. My leadership training came while I was in Air Force ROTC in college. From there I spent [...]
Slaying the Big Hairy Monster
As human beings there is one thing that we all struggle with - fear. No matter how big or strong you are we all have some deep seated fear that influences us in some way. [...]
How to Get Life Independence and Financial Freedom Using Your Business
Why did you start your business in the first place? If you're like most owners you thought it was your way to get independence and financial and freedom. So, why haven't you gotten there? Because [...]
A Successor – 5 Reasons to Make It a Priority
Business self-sustainability is one of the key topic I write about regularly, and a key factor is having a business successor. That’s because there are so many benefits that you get with a successor. The [...]
Discipline – One Skill Every Successful Business Owner Has Mastered
I constantly get feedback and comments on how much sense the DE, Inc. SPARC Business Growth process and our approaches to business growth and business self-sustainability make for small business owner. However, I have struggled [...]