You Can Do Anything, But Not Everything
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You Can Do Anything, But Not Everything

Many business owners struggle with delegation. We almost cringe just hearing the word. But without delegating tasks, people start to burn out and are unintentionally limiting their full potential. They become the chokepoint of their own business. It’s interesting that only 1% of businesses start to climb over $10 million in revenue. The number one…

What Does it Mean to be a Leader vs. Manager?
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What Does it Mean to be a Leader vs. Manager?

Every business owner wants to maximize cash flow and profitability.  But, one of the most common missteps they make is not having the right people in the right seats. Specifically, leaders and managers. This can cause confusion and frustration for staff, as well as management, when there are people in roles that don’t play to their…

Breathe Easier with a Cash Budget
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Breathe Easier with a Cash Budget

Cash is like oxygen to a business owner. It’s necessary. The struggle comes when business owners get confused and frustrated trying to manage the cash flow of their business. It shouldn’t be so hard to predict cash collections and then match expenses against that. But when growth happens, receivables go up and cash goes down because revenue lags…

How Good Are You at Collecting Money?
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How Good Are You at Collecting Money?

We’ve been talking about how running a business is like baking or cooking. You need all the right ingredients, in the right proportions, cooked at the right temperature, for the right amount of time.    Every business owner wants a business that’s “cooked” just right, with lots of cash flow and profits. You can read about the…

Profitability: Do You Know How to Get it?
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Profitability: Do You Know How to Get it?

Have you ever cooked something that just didn’t turn out right? Either you missed an ingredient or put in the wrong proportions. You cooked it too long or not long enough. I recall recently that I was trying to grill some really thick steaks. Two were supposed to be medium rare and two were supposed to be…

Is It A Cost Or An Investment?
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Is It A Cost Or An Investment?

As the economy begins to swing back upwards, business owners are asking “Should I be investing in people or equipment or in a building that my business could occupy?” For many of my clients, the answer is yes. But with many businesses recovering from tight cash flow the past year or more, it’s difficult to look…

Do You Have What it Takes to Be a CEO?
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Do You Have What it Takes to Be a CEO?

When it comes to running a business, every CEO wants to know if they’re making the best decisions for the financial future of their company. However, it’s virtually impossible for the CEO to be all things to all people which makes them overworked, exhausted, and sometimes even paralyzed not knowing who they can go to…

Business Succession Planning- How Ready Are You?
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Business Succession Planning- How Ready Are You?

Every business owner has a big dream for their company and wants to make it happen. Yet in many businesses, too little of that work goes into determining who will take over when the founder leaves the stage.  Only one in four private companies say they have a formal succession plan in place. Many CEOs are too caught up in…

I Want to Grow My Business, But Where Did My Time Go?
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I Want to Grow My Business, But Where Did My Time Go?

Every business owner has a big vision for their company and wants to make it happen. The problem is, most owners aren’t sure how to move forward and grow revenue, leaving them confused and frustrated. That was certainly the case with a professional services firm I’ve been working with for about a year now.  In our…

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