Many entrepreneurs go into business for themselves because they want to call their own shots, control their destiny, and make as much money as they think is appropriate. Also, they happen to be very good at something. Unfortunately, whatever unique skills they may possess, these skills alone often are not enough to ensure business success,…
Embrace Your Role as Company Leader As their small businesses grow, many owners struggle to define their shifting roles within the organization. It is a given that many business owners are great “doers.” After all, they’ve built successful businesses from the ground up. But as a business takes off, owners are suddenly confronted by tasks…
Ray Silverstein has owned and sold multiple businesses and has helped other business owners do the same. While he was President of his businesses, he attended a Peer Advisory Board and when he sold them, he began running Peer Boards. He said that he learned more about business after running a Peer Board than the…
Step 1 – Target Your Market No matter what size your business is, the key to growth is working smarter, not harder. That means focusing your resources—time, money, personnel—on those activities that deliver the greatest return. Follow the 80/20 rule of productivity: just 20% of our customers, products, and activities generate 80% of our business…
Embrace Your Role as Company Leader As their small businesses grow, many owners struggle to define their shifting roles within the organization. It is a given that many business owners are great “doers.” After all, they’ve built successful businesses from the ground up. But as a business takes off, owners are suddenly confronted by tasks …
GIVE YOUR BUSINESS A POWER CHECK The key to growing your business is to keep evolving. To do that, you have to step outside your daily business and see where you fit in the big picture. You give your business an unbiased power check. Immersing yourself in new ideas is one way to broaden your …
Goal: Get Your Finances in Order Get on Track with Financial Tracking Your business can’t grow—not to mention survive—unless your finances are healthy and sound. Getting Your Finances in order is crucial. Don’t limit your focus to the top of your profit and loss statement. The true test if your finances are healthy is your…
How Small Businesses Can Sleigh the Holiday Season: Practical Tips for Success Ah, the holiday season: a magical time of joy, giving, and … stress for many small business owners. While others are stringing up lights and sipping hot cocoa, you’re likely juggling inventory, marketing campaigns, and employee schedules, all while wondering how to keep…
Why Every Small Business Owner Needs a Mentor (and How It Can Transform Your Business) Running a small business is a rewarding but challenging journey. At times, it can feel like you’re wearing every hat in the office, from CEO to janitor, while trying to figure out marketing strategies and balancing the books. It’s no…
Holiday Cheer and Financial Growth: How Gratitude Fuels Business Development The holiday season is here—a time for reflection, celebration, and planning for the future. For business owners, it’s also a golden opportunity to ignite financial growth and development. This festive period offers unique chances to connect with customers, boost revenue, and set the stage for…
