Every business owner has a big vision for their company and wants to make it happen. The problem is most business owners don’t know if the decisions they’re making are helping or hurting, leaving them confused and frustrated. In a recent LinkedIn post, I asked what the one thing was that you wish you knew…
Every business owner has a big vision for their company and wants to make it happen. In a recent LinkedIn post, I asked what was the one thing you wish you knew before you started your business? A business owner replied, “Starting a business is easy, but scaling a business is hard.” In our three…
Every business owner has a big vision for their company and wants to make it happen. In a recent LinkedIn post, I asked what was the one thing you wish you knew before you started your business? A business owner replied, “Starting a business is easy, but scaling a business is hard.” In our last…
Every business owner has a big vision for their company and wants to make it happen. In a recent LinkedIn post, I asked what was the one thing you wish you knew before you started your business? A business owner replied, “Starting a business is easy, but scaling a business is hard”. I get it….
Every business owner has a big vision for their company and wants to make it happen. However, most business owners don’t follow a unified strategy to reach their business goals. It’s like trying to bake a cake without a recipe. You add a dash of this and a pinch of that hoping that it will…
There isn’t a business owner who doesn’t want to maximize cash flow. But managing cash flow is hard. You don’t know what you should be paying attention to. You’re not sure if the decisions you’re making are helping or hurting. I get it. So, it’s time for some ugly truth about cash flow. Your business…
I’ve been working with a client for several years now that wasn’t managing their close rate on sales and what their average transaction size was. They purchased a sales tracking software and started tracking their closed won sales and the size of each transaction. At first, it was hard to get their sales people to…
Last week we talked about working on the business. Moving your business ahead may require that you step back to gain a healthy perspective. Delegating tasks to others who are equally or more talented at accomplishing them will free up your time to working on marketing, new business opportunities or maybe even a company acquisition….
When it comes time to renew your line of credit you might be wondering, what’s my banker thinking? For bankers, everything about your line of credit is analyzing any changes in risk. The financials tell a story about what happened in the business this past year. But more importantly your banker will ask you the…
Your first quarter just ended. How was it? Any changes going on in your business? It’s easy for a business to do no analysis at all and assume whatever happens just happens. Others have spreadsheets ad nauseum and really can’t draw any meaningful conclusions. I call this paralysis of analysis. If you feel like you’re…
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