When choosing a business location you’ve probably heard this advice: “Location, Location, Location!” But what does that mean exactly? It’s more like a warning than advice. It’s like someone shouting “Speed bump!” to a 16-year old who has never driven a car. Do they speed up? Slow down? Swerve around it? Who knows! A warning
Using the 4 functions of management! Are you winging it, when it comes to management? Maybe you are the owner of a small business, and by default or decision, you are also the manager. Or you find yourself managing a small business, and you aren’t quite sure how you got there! Either way, you often
Every small business has unique and specific key performance indicators (KPI’s) that need to be closely monitored. Am I profitable? Are my staff happy? Does Google know we exist? How many web viewers become paying customers? How much money do I have in the bank? What are my best sellers? How are our online reviews?
Includes an overview of the different types of business structure. When I sit down with small business owners, I get a lot of questions about business structures. But by far the most common question is “When should I incorporate?” When you first started out it was clear which structure to pick. I have a hunch
Every day you go to work, and bit by bit, you get a little more behind on something that eventually will cost you money or precious time.
There are challenging times ahead for small business owners related to personal and organizational health. With the current global health crisis you are going to need to develop a few new systems to protect yourself, your family, your customers and your team. Besides the recommendations by Health and Government officials, there may be some other
“If people like you they will listen to you, if people trust you they will do business with you”- Zig Ziglar Trust is both a feeling and a virtue in a small business. Trust is given and received in relationships with your team, customers and stakeholders. Trust is primarily experienced and it is used to
Have you ever met someone at a networking event and walked away not knowing what they sell? How about trying to get details out of a service provider about cost, timing and deliverables? These are what I call ambiguous product offerings. Your product is what you sell to your consumers in exchange for their money.
Were you hoping that new piece of technology was going make your business more efficient? Instead, you’ve added more stress, confusion and cursing to your workplace. You’re a small business owner, not a tech genius. (Unless you have a tech start-up… in which case, I’d love to hear your tips in the comments!) So how
Occasionally a small leak happens in our lives; a tire that won’t seem to stay inflated, a pipe underneath your sink that won’t stop dripping, etc. If it goes ignored, the problem isn’t solved; leaks don’t solve themselves. The leaks are a slow drain on our resources, our time and our productivity. Taking a look