What is the ultimate goal of any business? What is its purpose? Simple questions, right? To make money. Wrong answer. To be profitable? Wrong again. The goal of any business should be to create value. Making money is a short-sighted answer. Focusing on profits also take a short-sighted approach to …
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Boost Your Business: Three Ways Having a Book Helps
Stop me if you’ve heard this one already: “A book is the new business card!” I’m hearing it everywhere, too, and while that is a true statement in many ways, there is much, much more to the story. Yes, when a new contact you meet asks for your business card and you’re able to point them toward …
Pros & Cons of Using a Temp Service for Your Small Business
As a small business owner, you wear many hats. Often in order to grow, you need to take off a few of those hats by hiring employees. If you need help for short-term tasks or tasks that don’t necessarily need to be done in-house, a temporary staffing agency may be a great solution. Like any …
Help! I’m Doing Everything Myself. When Do I Hire People?
If you are running a thriving small business by yourself, you are probably feeling pulled in several directions at once. On one hand, you are feeling satisfied that your hard work is paying off. Orders are coming in and so is your income stream. On the other hand, you are realizing that you are …
What Is Key Person Insurance and Why You May Be in Trouble Without It
When you launch a small business, you handle many details. One detail you may have overlooked is key person insurance. In fact, you may not even know what it is. However, key person (sometimes called “key man”) insurance can be an important way of keeping your business up and running in the event of …
Creating Healthy Boundaries: How to Effectively Separate Work from Home
When you decided to take the leap into self-employment, you likely knew that there would be sacrifices. Long days mean that you miss dinners with the family, and impromptu situations that require your immediate attention often result in not being able to attend family affairs because work has to …