Plot Your Course to Success with 365 Goals: A Comprehensive Guide Setting goals is crucial for any business looking to thrive and grow. But how do you transform your broad vision into actionable steps? The key lies in breaking down your Vision Goals into manageable, everyday tasks—this is where your 365 Goals come into play….
In the competitive world of business, standing out is crucial. One way to carve out your unique space is by defining your Unique Selling Proposition (USP). But what exactly is a USP, and why is it so important for your business? Let’s dive into how identifying your USP and understanding your sales funnel can make…
The Small Business Survival Guide: Making Debt Work for You As a small business owner, you might be hesitant to take on debt. However, it’s rare for a business to grow without utilizing bank debt. To expand your operations, you often need to invest in fixed assets, increase inventory, manage accounts receivable, and fund new…
How to Deal with Banks In this article from “The Small Business Survival Guide” By Ray Silverstein, we’ll talk about some top strategies for on how credit lenders can offer effective financial planning Solutions, and how to use your relationship with your bank for success. When choosing a bank, the first question you should ask…
Chapter 4, from ” The Small Business Survival Guide” By Ray Silverstein. Creative Collection Strategies-How to get payed, when your client doesn’t want to How do you handle delinquent accounts? If you rely on collection agencies or attorneys to collect on your behalf, you’re probably not getting very much back from their efforts. Plus, you’re…
In the realm of business, facing challenges head-on is crucial for growth and stability. When financial setbacks arise, transparent communication with your banker becomes paramount. Here’s how to effectively navigate the conversation and secure support when your company encounters difficulties. Why Communication Matters No business is immune to occasional financial hurdles. Whether it’s unforeseen market…
Unlocking Your Business’s Financial Secrets: The Four Types of Expenses Hey there, fellow business aficionados! Today, we’re diving into a topic that might sound a bit dry at first glance but is absolutely crucial for anyone steering the ship of a small business: expenses. Yes, those financial puzzle pieces that can make or break your…
Expand Your Entrepreneurial Vision The world around us is changing, and if you don’t want to be left behind, you need to change, too. You can’t afford to hold onto your old ways. (The dinosaurs refused to change, and look what happened to them, and also Sears & Kodak.) But changing is easier said than…
From chapter one of “Small Business Toolbook” By Ray Silverstein, we learn how to manage your business with insight and vision. Goal: Learn to Manage with Insight and Vision Start by taking stock- conduct a SWOT Analysis… Are you familiar with the concept of SWOT analysis? This is a great offensive and defensive study and…
Go Figure… How often do you review your critical numbers, those all-important figures that indicate how your business is doing? Do you wait until the end of the month, quarterly, or year to find out where you’ve been and how you’ve been doing? Or do you keep a constant eye on them? And what numbers…
