Because Small Business is Big Business

Posts in category Management

Business Succession Planning

Business Succession PlanningAre you ready to stop, look at yourself in the mirror and willingly admit that you have no business succession planning in place yet?  Yes, planning for when you leave the business (because of bad health, retirement , or death) is a must-do if you want to sustain all of the hard work you put in and managed to continue—at least, if you want the business to go on for a few years more.

In this article, I’ll take you through some action steps to start planning for your departure from the business.  Remember, whether you’re young or old, you need to have a plan in place! READ MORE »

 

Micro-managers

micro-managersThese are some of the expressions of employees who unfortunately work with or for micro-managers.

“He doesn’t trust me.”

“I just don’t do it right or good enough, so why even try?”

“I will ask exactly how to do this, because she will make me redo it if I try it on my own.”

“I better wait to ask, because the answer is always different.”

“They must think I am so stupid and can’t do anything on my own.” READ MORE »

 

How is Your Sales Growth

Sales GrowthWhile sales growth is desirable, not all growth has equal consequences or outcomes.  Everyone is familiar with the coined phrase “urban sprawl” which is the result of unplanned growth.  This type of growth happens without forethought and causes unforeseen challenges and complications, often unpleasant or with a negative connotation.   According to Blackenterprise.com, “strategy is not about waiting for opportunities to come to your business. It’s about making sure your business is moving, and most importantly, that it’s moving in the right direction.”

Here are five steps they suggest are needed when developing a solid plan for strategic sales growth: READ MORE »

 

SMART Goals

Smart Goals Having SMART goals for things we want to do and working towards them is an important part of being human. Goals big and small can be the stepping-stones to a successful business and the way you set them can make a difference to achieving them. The path towards our goals may not always run smoothly or be easy.  It is important to use the SMART method of developing and setting your goals: READ MORE »

 

Got Performance Gaps?

Performance gapsPerformance gaps are those pesky realities that plague our workplaces with inefficiency and ineffectiveness. Gaps between what is and what should be, keep us from realizing what is possible. If you own or manage a small- to mid-size organization, you can probably list a few gaps off the top of your head.

The adage, “admitting there’s a problem is the first step toward fixing it” could be stated, “knowing there is a performance gap is the first step toward closing it.” But knowing that a gap exists doesn’t tell us what is causing it and what we should do about it. In order to close a gap, we have to have a process to evaluate the source(s) and develop appropriate solutions. READ MORE »