This is a really good time of year to plan for taxes. When you have a plan it reduces stress, ensures compliance and can even make you money. Like it or not, every small business owner needs a tax plan. Not having a plan may mean you unintentionally spend collected tax dollars and then not
Against all odds, twenty years ago today, I sold my business. Having owned the agency for seven years it was time to sell. My family was growing and with a third child on the way the decision was easy. People tell me I was lucky. Lucky that I sold my travel agency when I did.
Doing “marketing” is only half of your business development process. The other half is figuring out , now that you have their attention, how to easily get your prospects to buy from you. Converting shoppers to buyers requires a system for follow-up. This is not about being pushy, it is about building relationships. People buy
We love a routine. We get up, get ready for work, and go through our routine. Maybe we head to our favourite coffee shop. It’s not one of the chains because we feel good about helping the local community. We know all the people there and usually when they see us in line, they start
We’ve all had that moment—our tax bill shows up on schedule, but we forgot about it and we are wondering how are we are going to pay it. Or an unexpected repair on a critical machine stresses us out. But there are higher costs when it comes to not having cash flow or even reserves
Every action that is currently happening in your organization, either as planned or as decided by the individuals who do them, are the systems that are getting you the results you currently have. If you are happy with these results you will benefit further from documenting these systems so that you can continue to produce
Taking a month off is good for you, it’s good for your physical and mental health and it is good for business. When you take time off your head clears, you are able to see new possibilities and opportunities, you have more energy to work on your business and you have balance. Most (closer to
Have your employees involved in the documentation and continuous improvement of systems. This empowers individuals to positively contribute to your company’s success.
The list of best business books to read continues to grow. However, one book stands above all the others called The E-Myth Revisited, Why Most Small Businesses Don’t Work and What to Do About It by Michael E. Gerber. In this powerful account of Sarah the owner of a pie baking shop journey to personal freedom and wealth you will learn the basic business principles of working “ON” your business, not just “IN” it by thinking through the lens of systems. This is my story of a seven year journey doing just that by Beverlee Rasmussen.