Because Small Business is Big Business

Posts in category Management

Vision Statement

Where the mission explains why the organization exists and the work it does every day, the vision statement sets a long-term goal for the organization. The vision statement is a very short phrase or sentence that sets an exciting tone for planning the future of the organization. It is the organization’s shared hopes, dreams, and image of the future.

The vision statement answers: READ MORE »

 

Shaping Organizational Culture

Organizational CultureShaping Organizational Culture starts with defining culture. The simplest definition of culture is “the way we do things around here.” A complete definition is

Organizational culture is the combination of values, behaviors, and attitudes that influence how decisions are made, customers are treated, and communication happens between colleagues in the workplace.

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Business Reputation

A business reputation is very important.  It drives the perception of the public, the frequency of the customers, the opportunities to be involved with the local economy and community as well as the caliber of employees and customers that a business will have.  Competition is always going to be out there and often this is beyond the control of a business owner, manager or leader.  READ MORE »

 

Small Business Sustainability

small business sustainabilityWhen I wrote the Rule of Thumb book for Small Business Sustainability, I truly thought it would be a hot topic for business owners seeking to leave a legacy for themselves and their families and/or business partners.  However, after very stagnant book sales, I have to ask this question.  Are small business owners so caught up in day-to-day survival that they cannot even focus on the future?

In this article, I’ll share some words of wisdom from Internet research gathered on the importance of sustainability for small businesses. READ MORE »

 

Employee Pay

employee payYour business is growing and you’re ready to add another employee. But what kind of employee pay should you offer? And are they hourly (non-exempt from overtime rules) or salaried (exempt from overtime)? Should you pay them a commission or some kind of bonus plan? READ MORE »