I can’t support peer groups enough when running a business. Running a business is fun, but so challenging. There have been times when I felt as though I couldn’t breathe because of some urgent business problems But when I joined two different peer groups the business challenges became easier.
If you hope to sell your business someday, there are five things you need to consider. Even if that someday is three, five, or ten years from now, start working on these things while you can.
Women are becoming enabled to be board members to benefit corporations. We identify ways to improve women’s abilities to become great board members.
Meet your goals, get an accountability partner We are working on the second quarter and heading into the second half of the year. Have you set goals you want to accomplish for 2024? If you have set goals for 2024, are you on track to achieve your goals? Or, do you need to change what… Read more »
As a CEO, one of your primary responsibilities is to set the strategic vision for your organization. Setting the strategic vision involves identifying the company’s goals, values, mission, and overall strategy. Your vision should provide a clear direction for the organization and guide decision-making at all levels.
Board service is oversight of a business, whether the company is non-profit or for-profit. A Board seat is a privilege to serve for the betterment of a business.
Guidance For Becoming a Better Manager by Marla J Noel What are the Expectations? For all staff at a clerical or beginning level, create a day-to-day set of expectations or tasks. Describe what the job looks like. Indicate what do you want out of the work on a daily basis? Don’t negatively judge employees for… Read more »
https://studio.youtube.com/video/PEc0TN3Bedw https://ocgrowthadvisors.com/wp-content/uploads/2023/03/Strategies-for-Profitability.mp4 Understand your financial statements. Many business owners struggle to understand their financial statements and how what they are doing is impacting profitability. I once had a business owner tell me they were getting more clients and increasing revenue. However, the cost of sales for each of those new clients was significant, which will… Read more »
Understanding financial statements is essential for small business owners. By understanding and analyzing financial statements as well as key financial ratios, small business owners can identify areas of improvement and develop strategies to increase profitability.
The Difference Between Management and Leadership What is the difference between management and leadership? We want our executive teams to be great with both management and leadership. I probably made every mistake in the book as a manager. However, I never wanted to do anything poorly. Therefore, I took it upon myself to read business… Read more »
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