What’s the fastest and lowest risk way to grow revenue in your business? Growing revenue not only improves cash flow and profitability, but according to the data in the Value Builder System, it also increases the value of your business. Businesses that are over the $10 million revenue mark will...
Most business owners want to grow their business, but many get stuck with how to make that happen. Today we are focusing on scalability and a quick filter that your business can use to think about growth. It comes from the Value Builder System. The filter asks if each product/service...
As the year comes to a close we know many business owners will use this this time to make adjustments to their business and build strategies for the future. In preparation for your 2022 plans, we encourage you to draw inspiration from some of our Business Owner Insights from this...
Too often in business the elephant in the room is ignored. This tactic might work for a time, but eventually the elephant grows until it can no longer be ignored. The “elephant” might be a conflict, an employee issue, an issue within the business, or 100 other “issues” that simply...
All businesses want their customers to have a remarkable experience. Even better is when a customer has such a remarkable experience that they want to tell others about it. And although referrals can happen organically, the key is to create a referral strategy. No matter how small or simple of...
Hiring is a key frustration for many business owners. There are so many factors taking place in the economy, in local environments and within industries that are outside of their control that it’s really important to focus on what they can control. It’s easy to go down a rabbit hole...
In most small businesses it’s common for employees to wear multiple hats/fulfill multiple roles. There are good reasons for this, for instance all businesses have accounts payable, but most small businesses do not have enough account payable tasks that justify a full-time position. So small businesses owners do what they...
With COVID-19 comes a lesson in communication. Business owners have different points of views and different dynamics and restrictions in dealing with COVID. Some have vendors that are requiring them to meet certain policies. Some businesses have customers that are upset over policies. Others have over 100 employees and must...
There’s a simplicity, but also a strength in having the positions within your business well defined. For many businesses, this simple, but effective practice is often overlooked. We hear excuses such as we don't need to document it, we know what that position does; or, we can't take the time...
What makes for a great ad campaign? It’s easy to get excited about a great campaign. After all, you probably feel proud of your business and the effort that went into creating the campaign. However, it’s also easy to get distracted by the look and feel of an ad campaign...
