Strategizing

Small Business Strategy and Planning

The most successful business owners are always thinking ahead. If you are a new business owner, strategizing about mission statements, corporate culture and business plans are things you would be smart to address early on. More seasoned business owners can benefit from articles on everything from setting client expectations to creating a niche for your small business

Texting Can Be For Serious Business!

“Woop, woop, thanks! [thumbs up emoji]” That is an actual text that I received from a client after letting him know that a file was ready for him to take a look at. I love the fact that this client texted me at all, and I even love the casual nature of it. To me, it shows that when we had spoken on the phone earlier that day, we connected well enough for him to feel … [Read more...]

6 Ways to Set Your Small Business Apart with Problem Solving

Every business faces major problems that put its future at risk. Whether these problems are in supply chain, sales, HR, or product design, how your business responds to these problems will help shape what the business becomes in the future. How businesses respond to problems is one of the key ways great businesses set themselves apart. Larger businesses often have the luxury … [Read more...]

Buying a Business: Forget Trust – Understand Due Diligence

According to the U.S. Bureau of Labor Statistics, over 50% of start-up businesses fail within five years. This is a staggering statistic and one that should bring concern to anyone seeking to start a new business venture. An alternative to starting a new business is to purchase an existing establishment. This option, if all goes right, can significantly decrease the risk … [Read more...]

4 Professionals Who are Critical to Startup Success

Having a unique product or idea is not the only key to creating a successful startup. It is almost impossible to create a viable business by yourself, so you need to build a team with the right types of professionals. You should find people who will supplement your own skills and knowledge to create a perfectly well-rounded team of professionals. If you are in the beginning … [Read more...]

Understanding ESOPs and How They Can Benefit Small Business Owners

A large, demographic shift is occurring. The baby boomer generation is now experiencing significant wealth accumulation and its inevitable distribution.  Many business owners from the "boomer" generation are now in the position to turn over the reins of their businesses to the next generation or to the highest bidder.  However, what if the business owner wants to see his or her … [Read more...]