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…
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 remember many vacations driving to our beach destination with two young daughters asking, “Are we there yet?”. My answer was always, “Not yet” or “We’re almost there.” Any parent knows what I’m talking about. Well, we’re halfway through the year. With June 30 financials coming, it’s time to take a look to see if…
Have you heard the saying, you can’t see the forest for the trees?” Well, many times business owners are so busy working in their business, they don’t take time to work on their business. What does that mean? The only person in your company who is motivated to grow your company is you. All the…
Processes are supposed to help organizations scale and improve efficiency, but they can quickly get out of control. The flip side is a lack of processes can create inefficiencies. The lack of processes or process redundancy can have a significant impact to your bottom line. Here are a few examples of productivity killers that might…
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