In the post-pandemic world one thing small businesses are still having to deal with is supply issues. And it raises a real issue that many business owners don’t think about until they are ready to sell their business. What many business owners don’t know is that potential buyers will be...
Hiring is currently a top concern for many of our business owners. With that in mind, here are a few resources from our Insight archives that might be helpful if you need to hire during this market: Why would someone want to work for you? Five Underused Resources for Hiring...
Multitasking. It’s a buzz word in many businesses, but especially small businesses. In a small business, team members must often fill more than one role. So there tends to be a lot of jumping from one task to another, without much warning. And while it can seem efficient. It’s often...
What type of goals does your business set? We’ve found that many small businesses are good at setting result-based goals. These are goals that spell out the desired result. An example of a result-based goal is: “Increase our revenue by 20% this year.” While result-based goals are needed, there are...
As a business owner your job should continue to evolve. More than likely you were the technician of your business when it started. You not only sold, but also delivered on, the promises you made to your clients. As a business grows it’s common for the business owner to go...
What does your team do with a problem? Stop for a moment and think about how well your team handles problems within your organization. Do they handle it themselves? Do they ignore them? Do they tend to make them seem larger than what they are? Do they bring those problems...
When a business isn't getting the results you need there is always a design issue. It may not be an obvious design issue. For many small business owners, the answer is to work harder: sell more, stay later, put out more fires, invest more cash, hire more people, etc. It's...
As you probably know, we’re passionate about systems because we’ve seen how systems can help small businesses thrive. When good systems are implemented, they help ease day-to-day frustrations, free up employees to focus on doing their best and improve customer satisfaction. Additionally, systems increase the market value of a business...
Even though it’s not new, many small business owners still struggle to determine how or even if social media fits into their marketing budget. And if it does, which platforms? And how often do they need to post? There is not a right or wrong answer. There is, however, a...
Is your business future focused? Too often in businesses the conversation gets stuck on the past or even the present. And while both are important, it means that the future is often the point of view that doesn’t get discussed as much, because the business is consumed by past and...
