Many entrepreneurs don’t set specific goals for their business, but studies show that goal setting really does drive higher achievement. According to small business peer board members who’ve embraced this technique, goal setting forces you to focus your energies effectively and develop real, viable action plans. It isn’t hard if you follow their lead. Here’s…
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 done. How do you…
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…
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 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…
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….
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…
What If… You could Avoid a Bad Decision? Who do you discuss your business thoughts and decisions? A PRO, Peer Advisory Member was asking his board about a potential business investment decision. The board did not feel this was a good investment, and also gave the person thoughts to improve the probability of success, if…
What If… You lost a major customer? Who can You talk with after you’ve lost a major customer? Will You have to cut Your work force? Will the bank tell You to move Your loan? or What do You do if You lose a key employee due to injury, leaving you or death? Difficult questions,…
