Business Owner Newsletter - Page 2
“When it rains, it pours” is a popular phrase in our lexicon, but do you know where it comes from? It actually comes from a very popular marketing campaign for Morton Salt. If you want to read the whole story click on this link; but the short version is that...Read More about Creating A Competitive Advantage For Your Business
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...Read More about Why Now Is The Perfect Time To Evaluate Your Vendors
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...Read More about Facing Hiring Challenges?
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...Read More about To Multitask Or Not To Multitask
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...Read More about Different Types of Goals Are Needed To Be Successful
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...Read More about Has Your Role As Business Owner Evolved?
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...Read More about How Does Your Team Problem Solve?
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...Read More about Do You Want Different Results?
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...Read More about How To Embrace Systems For Your 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...Read More about Are You Using Social Media Strategically?