All business owners and leaders need the time and space to work on business strategy. We firmly believe that a business is getting the exact results that it has been designed to get, which means if you want better results you must start with a better design. Below are a collection of business articles on business strategy from our weekly Business Owner Insights.
ChatGPT, it’s the newest technology trend that small businesses must decide if it fits into their business strategy. If you haven’t heard of it, ChatGPT is a chatbot that incorporates artificial intelligence to create responses to your questions and requests. And it’s good. Although not perfect, the responses are solid....
Scalability. It’s an element that we know makes a business more valuable when it’s time to exit, but also easier to manage on a day-to-day basis. When it’s time to exit your business, a buyer wants a business that is scalable, because it means their investment has room to grow...
As a business leader, you’re constantly pulled in multiple directions. It can be difficult to feel like you’re in control of your time because everyone and everything is competing for your attention. So how do you decide what gets your time and energy? Many business leaders don’t have a solid...
As this year comes to an end, many of our business owners are turning their attention to next year. It’s time to start planning for growth, which means it’s time to talk marketing. In preparation, we’ve pulled 3 quick marketing insights that we think will help every business owner: Are...
Lions and tigers and bears, oh my! Lately, it’s been these three words: inflation and layoffs and recession (oh my!). While no one has a crystal ball that will accurately tell us what’s coming in the next few months or even years, we are hearing a lot of fear from...
“I wish I would have known this 20 years ago.” We often have clients say that they wish they would have learned certain business best practices earlier than what they did. These best practices not only make their business easier to run on a day-to-day basis, but in the end,...
“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...
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...
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...
