Peer groups enable business owners to process issues, sometimes vent, and get suggestions on better ways to approach problems. Peer groups helped me grow my business by growing the business. We sold it for 15 times EBITDA. I owe much of the business success to my fellow business owners in WPO and Vistage. Running… Read more »
Planning during a Pandemic is critical for anticipating the future of your business. In order to make good decisions, you will need good information. This includes past marketing and the success of the marketing. You should also have the org chart, what it looks like now and what you want it to look like. Include… Read more »
As Business owner’s we can use external resources to get ideas to improve our businesses. Take a look at Moments with Marla.
For most entrepreneurs, growing a business becomes difficult at a certain size, where you need others to complete tasks beyond the time constraints or skill set of the CEO. To grow, you need focus. A good business coach can help with the focus needed. Make sure you find a business coach with experience in growing… Read more »
Sunrise A new day and time for a change. Every day, there is a chance to improve your business. Most businesses can improve one or many aspects of the business, however, we get comfortable with status quo. Changes to your business do not have to be as painful as you may think. As a Vistage… Read more »
Culture Simply- On August 3rd, I hosted a discussion about Culture. I titled the discussion Culture Simply. Most of us know that culture is not simple. This facilitated a great discussion about culture and its evolution in today’s society. One of the participants asked if there was any culture expectation for a company, as far… Read more »
You Have a Great Place to Work If you think you have a great culture, why do you think this? Because you are nice to your employees? You treat them with respect and pay them well. Is that enough? Is it because you have a great business? You may be right, and your employees may… Read more »
Family communication in business can be challenging. Things are said that should not be said, or things that should be said are not. Whether the communication is within the same generation or different generations, it can always be challenging. This is why family meetings are critical to the long-term health of a family business. Within… Read more »
One of the most helpful tools in business is a Business Plan. Many business owners/ managers do not know how to create a Business Plan. It is a mystery to some. It does not need to be difficult. There are many one-page business plans on the internet as a format to start the plan. Use… Read more »
Strategic Planning is not an easy process, and time consuming, which is a challenge for most entrepreneurs. For an effective strategic planning meeting, a lot of information is required. Information regarding market share, financial statements, documentation of past marketing processes and customer information should be developed. I can just see the eye roll that most… Read more »
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