Most businesses can’t grow, or can’t grow as fast as they want, because of some capacity constraint. Simply put, they lack enough of an important resource their business needs to be able to generate more sales. Here are a few examples: In each case, the business is losing out on revenue because they can only…
I’d suggest you stop and figure it out right now. If you still can’t answer it even after working on if for a while, your business is likely in some serious trouble… Here is the question: Why do your customers pick you over their other choices? See I told you it was an easy question….
If you are in the position of needing to hire someone – part-time, full-time, contractor, or even service provider, I have a simple tip for you. Actually, I have a lot of tips – write a clear, detailed job description first, make sure you have a plan to train this person, make sure you have…
Before I started my first business, I had the same mindset that a lot of startup new business owners have – that I have one chance to get it right and it has to be perfect from the start. But of course that doesn’t make sense and you are never going to be perfect, never…
As a business owner, you often don’t get time to stop and take stock of your business. You get all wrapped up in the day to day problems and don’t spend hardly any time (maybe none) asking yourself how it’s going and if you’re on track. That kind of stare into space time just seems…
One of the most overlooked ways to make your business bigger is by making your business smaller. The usual reaction to that is no, I don’t think so, not for my business. And I get it – the natural reaction of the small business owner is to take everything that comes in and then afterwards…
Do you know what the biggest advantage of owning your own business is? Do you know why it’s such a power financial advantage that you’ve got as a business owner? If not, then chances are you are not getting the most from it. And that’s a shame because you don’t need to do more or…
In my 25 years of small business experience, I can definitively say that all small business headaches can be boiled down to fit into one of two categories: growth and employees. In this newsletter my primary focus is going to be on addressing topics across these two categories and sharing with you my experience in…