Every business owner wants to maximize profitability and cash flow. But we often get confused on where to start or what to do. We’re not sure if the decisions we’re making are helping or hurting. Should we just leave profitability to luck or does it take a disciplined, thoughtful approach? I love to play golf….
Every business owner has a big dream for their business and wants to make it happen. The problem is that sometimes we hire people that don’t share our core values or core focus. These people may behave in a way that we don’t understand because it’s not who we are. It shouldn’t be so hard…
Every business owner has a big dream for their business and wants to make it happen. However, sometimes a lapse of curiosity can cause a company to fall from great to just good. It’s likely that it happens to all businesses at some point. But I believe adopting or re-discovering curiosity will put a business…
Host Bill McDermott welcomed two accomplished entrepreneurs to this edition of ProfitSense with Bill McDermott: Barry Adams, Peachtree Awnings, and Marika Ponton, Office Angels. Barry shared how his inspiration for starting his business was to “make people smile” and how that mission guides both their work and care for their associates. He also talked about associate…
Every business owner wants to build and maintain a good reputation in the marketplace by providing great customer service that adds value to their client base. However, when it comes to building a brand that is impossible to resist, many business owners don’t know where to start or what to do, leaving them confused and…
When it comes to adding people to grow a business, many owners are reluctant due to the increased cost, and then are frustrated and confused on how they can drive revenue and profitability higher without adding to staff. Further, owners don’t understand that when they don’t focus on building a culture based on the company’s…
Every CEO or business owner has a big dream for their business and wants to make it happen. But how does a CEO sell/exit their business and ride off into the sunset with a sum of money that achieves financial freedom and a sense of contentment? A failure to plan leads to leaving money on…
What makes an excellent CEO? It’s a question that’s often asked, but seldom answered. As with anything, it starts with mindset first, then skill set. We’ve talked recently about the importance of CEOs having a direction-setting mindset and being bold, and an organizational mindset where they create strong culture and stable, but agile companies. Once…
Every CEO strives to be a strong leader and push their company forward, but when it comes to determining what the mindsets and characteristics of a successful CEO are, opinions vary. It’s hard to be all things all the time and many CEOs struggle to know where to spend their time, how to allocate resources,…
Every business owner dreams one day of successfully selling their business and riding off in to the sunset with a professional life well-lived and money in the bank. That will be one of my clients in the next few weeks. Two partners started a business 30 years ago and are about to close on the…
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