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You have a vision for your business — if you didn’t, your business would never have even gotten off the ground. But there is one important question you may not have considered before: Can everyone else see your vision? Sadly, when others in the company do not understand the business’s vision, they are not working […]
The old adage “evolve or die” is especially true for a small to midsized business. Many entrepreneurs want to see their business grow but are afraid to take a risk. However, changes (even the risky ones) are necessary to promote further success. If you want your business to grow and succeed, you must be willing […]
We all adopt technology at different rates. Are you the type of person who had to have the brand new Apple watch the moment it hit the shelves? Or are you still typing away on your flip phone? Our personal choices for adopting technology are our own, but you cannot afford to wait when it […]
Even though it is great to have big ideas and see them through, sometimes our innovations don’t play out the way we imagine them. When this happens, we have to adjust to reach success. Course corrections, or “pivots,” are a way for entrepreneurs to combat the uncertainty of launching new products or services by making […]
As a business owner, you have big ideas: You have a vision for your business and a dream of where it will go in the future. What you may be less sure about is how to get it there. Visionaries, or those in your company who have big, conceptual ideas about how to build the […]
What do you do when one of your C-level employees retires, passes away, or leaves the company? Do you promote an employee from within and hope they have the know-how to serve in the role effectively? Or scramble to hire someone new as quickly as possible? What if, instead, you call on an experienced professional […]
Business operations has been called many things, but “easy” is certainly not one of them. One thing a business must be to achieve success is organized. A disorganized environment is more than just annoying — it is the cause of decreased productivity, loss of important information, and can even make you miss out on potential […]
As a small business owner you do it all. At every step of your process, you are there to find solutions and ensure all operations are running smoothly. A role you are likely to find yourself in is Chief Financial Officer — and you’re not alone. Most small business owners handle their company’s finances whether […]
The economy is healthier than it has been in years, and small business owners are upbeat about their prospects for 2015. The January Wells Fargo/Gallup Small Business Index, which gauges small business owner optimism, increased to +71, up by 26 points from a year ago and at its highest since January 2008, pre-recession. Small business […]
As necessary as oil is to a car engine, communication is the essential “grease” for your business operations. Your company must have a functioning structure for internal day-to-day communications. Just as important is transparency from management: forthright, open communication between company leaders and employees about company challenges, changes, and strategic business decisions. What’s so important […]