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It’s Time to Look at Price Increases…Again
- If you’ve read a financial news article lately, or just even shopped at the grocery store, you’d notice that prices are increasing. On everything. We’re at the highest inflation rates since 1991. The Consumer Price Index is up 6.2%. The Producer Price Index (the wholesale market) rose 8.6%. A few months ago, we wrote about […] Read More
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Vacation for Business Owner? 100% Yes
- We’re willing to bet that there’s not a single Business Owner that got into the game of entrepreneurship because they wanted to work 50, 60, 70+ hours every week. They also didn’t start running their business so they would miss out on spending time with friends and family. You got started running your business because […] Read More
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Owner in Denial: Find Your Way Out
- . “It’s not denial. I’m just selective in the reality that I accept.” – Bill Watterson . Are you a Business Owner in denial? This is one of the most common things that we encounter when we meet entrepreneurs. It’s a common affliction, one that could mean disaster for your business. Entrepreneurs, particularly those that […] Read More
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Planning your Exit Part 3: Sale to an ESOP
- This is Part 3 of a Series about planning for succession at the time that you decide to leave your business. Part 1 can be found here, Part 2 can be found here, and look for parts 4 and 5 in the coming weeks! When a Business Owner is planning their exit from their business, […] Read More
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Planning for 2021: Goals vs Strategies
- This is the third in a 3-part series getting you and your business ready for 2021. Check out part 1 here and part 2 here. OK, so you’ve got your theme established, your goals identified and smartified (yes, that’s a word around here), and you’re ready to take on 2021! Right? Not quite yet. The very […] Read More
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Planning for 2021: Narrow Big Dreams
- This is the second in a 3-part series getting you and your business ready for 2021. Check out part 1 here, and look for part 3 next week, December 30. Business Owners have one thing in common: they want their businesses to succeed. And part of taking the leap to own your own business is […] Read More
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Retirement: 6 Critical Steps for Business Owners
- Have you ever thought about what is going to happen after you are not working in your business anymore? Often we see business owners that are working so hard IN their business that they forget that part of working ON the business is thinking about succession, in other words, planning for the day that you […] Read More
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Managing Online Reviews: 3 Easy Tips to get 5 Stars
- We’ve all seen it, the dreaded one-star review. Maybe the customer got your best employee on their worst day, your vendor delivered a bad batch of product, or they didn’t agree with your idea of a perfect experience that you had so carefully crafted. Let’s face it: bad reviews can make or break a business. […] Read More
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Team “Work from Home” vs Team “Work from Work”
- Team “Work from Home” vs. Team “Work from Work”: When your Employees are Divided We have talked often about how to survive and even thrive financially, through marketing, and through self-care, but months after the shutdown, we’re starting to see even the teams with award-winning cultures noticing cracks under the pressure of this new normal. […] Read More
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6 Ways to Lose an Employee (Part 1)
- One of the top problems that our business owners face is recruiting, hiring and training top talent. In fact, whether or not you are tracking the cost of employee turnover (you should), according to the Society for Human Resource Management (SHRM) the cost of turnover for a salaried employee can be 6-9 months’ salary. So to put that in […] Read More
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