,

Business Success or Expensive Hobby?

We have been programmed for decades to go to college, get a 4-year degree and land a job with a long term career path.  It was frowned upon if you change jobs too often because you may look like a “job hopper”.  Also, changing careers looked like you were unstable and doomed to fail.   […]

A Simple Cash Flow Perspective

I recently conducted a poll of business owners, asking what their biggest challenge was.  Cashflow was one of the top 3 responses. So what is the definition of cash flow?  Cash flow is the change in cash balance over a period: positive if the cash balance increases, negative if the cash balance decreases.  You knew […]

7 Signs to close your business

Is it time to close your business? So, you have been in business for awhile and it is getting to be more than you bargained for.  You no longer feel like you own a business. It owns YOU!  This is not uncommon.  It goes from logic to emotional as your problems mount.  When things get […]

Ask yourself these questions

Hey Entrepreneur ask yourself these questions- What do my customers say about their experience in working with my company? Would they come back? Would they tell a friend something good? If a customer comes back, what makes them? Is it: a) Quality b) price c) The experience d) The value If you have a firm […]

Keep your business on track

If you are like many entrepreneurs, you started a business because there were boundless riches ahead by being your own boss and customers would be flocking to buy your unique product or service which filled a void in the global marketplace. Then reality set in. The next few years were filled with disappointing revenue and […]

Stop looking for your passion

No, I have not lost my mind.  Read on …. If you find your passion, you will succeed.  Have you heard this before?  Are you a failure or destined to be unhappy if you haven’t found your passion? Forget what you have heard!  Yep, forget trying to find your passion.  So much strife is created by […]

Got Overload?

Everywhere you turn there is something to distract you from what you are trying to do or makes you so stressed out you want to scream. You do not have to look far; politics, terrorist attacks, disease, weather disasters, protest, political correctness, debt, phone calls, kids’ needs, deadlines … should I stop? Do you feel […]

A BUSINESS COACH COST YOU NOTHING!

It is often said “it is lonely at the top”. That statement is so very true for entrepreneurs. Their heart and soul is invested in their business, not just their money. Finding the best source for effective support is hard. Small business owners need to constantly keep their eye on the ball because they have […]

,

Got “Brand”?

What is important about your brand when you are a small business owner?  Who cares, right?  Everyone cares and you should care the most. Brand is defined by Wikipedia as follows: “A brand is often the most valuable asset of a Corporation.  Brand owners manage their brands carefully to create shareholder value, and brand valuation […]

Why do your customers pick you?

It is not often enough that we ask ourselves “Why do customers pick my business?”   It is not enough to simply ask the customer how they found you.  Digging deeper gives you more of what you need in order to assess and make changes where needed. Let’s look at a scenario.  Your phone rings, the […]