Should you grow your business? It is a simple question with an assumed answer. The answer of course, is YES! But I am not sure it is quite so simple. Before you invest your hard-earned money and time, think about what you want to accomplish and why. Then, carefully consider your options. Decide to Grow We…
Steven Covey is quoted as saying, “What is important is seldom urgent and what is urgent is seldom important.” With the slow down in business, now is the perfect time to tackle those items which have been sitting on the back burner. Activities that are important but not urgent are the ones that will really…
Most businesses are on a fiscal year which coincides with the calendar year. Now is a good time to look back and reflect on 2023 as well as look forward and create a new budget for 2024. A budget is a roadmap. Based on where you have been, it can help guide you to the desired final…
Most businesses are on a fiscal year which coincides with the calendar year. Now is a good time to look back and reflect on 2022 as well as look forward and create a new budget for 2023. A budget is a roadmap. Based on where you have been, it can help guide you to the desired final…
Should you grow your business? It is a simple question with an assumed answer. The answer of course, is YES! But I am not sure it is quite so simple. Before you invest your hard-earned money and time, think about what you want to accomplish and why. Then, carefully consider your options.
It can be a very chaotic time when a company is in transition or in need of a turnaround. Management is (or should be) fretting over revenue, placating lenders and/or investors, managing suppliers, and reducing costs all while keeping employees motivated.
Some businesses are less affected by the virus and others are able to creatively keep sales alive. However, the vast majority of companies are finding that business is being seriously curtailed or in some cases, temporarily shuttered. This virus will pass and at some point we will reach normalcy again. But until then, what can we do that is productive with this unwelcome time on our hands?
A great new book is out by my friend and colleague, George Isaac. Here is a recent article from Inc.com with an interview and sneak preview of the book.
It’s the holiday season and time for my annual primer on budgeting. Be sure to start your new year off right with a solid budget for your business.
Unless you’ve been preparing all along to sell your business, it may make sense to keep it.
End of content
End of content