Posts Tagged ‘Planning’
On Professionalism
How would you feel if you walked into a dentist’s office, and everyone in the office had terrible/rotting teeth? Would you hire a contractor whose tools are rusted or broken? Or a landscaper whose yard was filled with weeds and dead plants? Would you eat at a restaurant that is filthy and has rat traps…
Read MoreHow to Prepare for Tax Season in the Current Climate
The new Tax Cuts and Jobs Act has substantially reformed the tax code moving forward. Because it was made effective immediately, the new law has businesses and individual taxpayers scrambling to understand all the law’s implications. The IRS has now provided guidance that should resolve most of the questions taxpayers have and give businesses the information they need to…
Read More5 Goals Every Small Business Owner Should Set
Goal setting is an important aspect of starting and owning a business—without them you may become lost, and head your business down the wrong direction. Business goals are to help keep you stay focused and get to where you want to go. Whether you have small or big goals; every business owner should set some…
Read MoreWhy a Marketing Campaign Plan Fails—and How to Make Yours Succeed
It would be just fine and dandy if marketing were a fully-predictable animal. You plug in some good material and messaging, and you get new sales, more knocks on your door, and some modest version of fame and fortune as the output. Alas, that’s not always the case. Marketing campaigns, even those boosted by gargantuan…
Read MoreCompound Interest in Business
Albert Einstein said that the most powerful force in the universe is compound interest and it is either working for you or against you! Well, it’s February… How are your business resolutions holding up? Hopefully you are using compound interest to create the successes you planned for 2018!! Everyone understands that compound interest applies to…
Read MoreThe 3 D’s That Kill Businesses: Debt, Divorce, and Death
Hardly anyone creates a company while also imagining the worst possible thing that could happen to it. Instead we envision success, milestones, and creating revenue for both the business and for your family. But unfortunately, it doesn’t always go that way. Businesses, even really successful ones, are susceptible to going under—and not from a lack…
Read More5 Simple Steps to Easy Sales Forecasting
Let’s suppose that your business experiences a 10% increase in customer orders in the upcoming three months. To take advantage of this opportunity, you might need to order more supplies, introduce changes to your work schedule or even hire someone to help out with the added workload. If you don’t have enough time to adjust,…
Read MoreA 5-Step Checklist for Your Office Relocation
Office relocation can be an exciting, but challenging maneuver. As a small business owner, you must balance staff productivity and continued operations with the process of executing a seamless transition. This balancing act is easier said than done, but a strategically planned office move checklist can make all the difference. Here are a few tips…
Read More10 Top Revenue Models Drive Viable Businesses Today
I was mentoring some graduate students at a local university recently, and I sensed again that profit seems to be a dirty word these days to many aspiring entrepreneurs. I’m certainly not a fan of customer rip-offs, but even non-profits have to be cash-flow positive, or have deep pockets, to help anyone for long. Every…
Read More4 Steps to Prepare Your Business for a Required Pivot
You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world. You can even give it a more…
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