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…
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 …
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…
Building a successful small business is not a solo journey. To thrive, you need the right skills, financial strategies, and guidance from trusted advisors. Whether you’re part of a Small Business Leadership Group or have access to a Peer Advisory Board, leveraging these resources can significantly impact your growth and long-term success. 1. Tap Into…
Tracking Your Business Progress: How to Measure and Manage Growth Effectively Running a small business can often feel like you’re managing by intuition, reacting to challenges as they arise. However, guesswork and gut feelings aren’t enough to ensure long-term success. To truly grow your business, you need to track your progress through clear processes and…
How to Create a Marketing Plan and Budget for Your Small Business If you’re a small business owner, you’ve likely thought about your marketing efforts. But, do you have a written marketing plan? Many businesses approach marketing in a haphazard way—acting on impulse rather than strategy. Unfortunately, this usually leads to inconsistent and ineffective results….
How to Build Good Habits and Break Bad Ones to Boost Your Business Success As a business owner, you likely focus on strategies to grow your business, but have you ever considered the impact of your day-to-day habits? Just like we make personal resolutions to improve ourselves, our business habits can have a profound effect…
How to Sharpen Your Delegation Skills and Empower Your Team As a business owner, one of the most important skills you can develop is effective delegation. Learning to hand off responsibilities to your employees is key to growing your business and stepping into a stronger leadership role. However, for many entrepreneurs, delegating tasks—especially important ones—can…
How to Give Your Small Business a Power Check and Stay Ahead of the Competition One of the most important keys to growing your business is to keep evolving. Growth doesn’t happen by standing still. You need to step back from your daily operations to evaluate your position in the bigger business landscape. This is…
How to Identify and Avoid Organizational Growing Pains in Your Small Business Growing a business is exciting, but can you grow too fast? Absolutely. While rapid growth might sound like the ultimate success, it can be more harmful than helpful. In fact, research shows that businesses growing over 25% annually are at a higher risk…
