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25 02, 2016

Creating Your Business Strategy

February 25th, 2016|

After thinking through your Goals and Assumptions, it’s time to think through your strategies that will be implemented to achieve your goals. Your business strategy includes the tactics or methodologies of how to achieve your goals. So “What and How” we do it! Again, I don’t like to be repetitive but if you use […]

7 02, 2016

Developing Planning Assumptions

February 7th, 2016|

Last week we talked about setting goals – not too lofty and not too easy but realistic – SMART.
An important piece of this puzzle is establishing a set of goals that are based on realistic and solid assumptions. Try to establish as much factual information as you can get your hands on to develop […]

31 01, 2016

Setting Goals

January 31st, 2016|

 
Thinking about last week’s subject of Business Planning for 2016, the first step is to set Goals for the year. In setting your goals, you need to make them a stretch but realistic. Do not set unrealistic goals.
A common framework that many organizations use is to create SMART goals.  This framework can be applied […]

24 01, 2016

Business Planning in Uncertain Times

January 24th, 2016|

So…2016 is here and has started off slow with a very tumultuous beginning in the stock market.
While you may not be heavily interested in the market — what effect(s) would this have on your business?
With most businesses being involved in the global economy in some way — Have you thought about the potential impacts […]

14 02, 2015

Blueprint for Your Business

February 14th, 2015|

Entrepreneurs will generally go into business because:

They have good ideas that can be turned into money making ideas and form their own brand.
In some cases have job security and be their own boss which gives them control over their own destiny and a feeling of independence.
In some cases, it is an ego trip. The […]

11 01, 2015

Jan 2015 Newsletter – Entrepreneurs are Guilty!

January 11th, 2015|

Entrepreneurs Are Guilty!
What are entrepreneurs guilty of? Generally, the lack of:

Planning
Control
Systemizing
Leadership

Generally, entrepreneurs have really good ideas but do not understand how to implement them into practice and build a business around the ideas. Unfortunately, too many entrepreneurs and business owners do not seek out the proper help to build a business plan and have […]

11 01, 2015

Jan 2015 Newsletter – Entrepreneurs Should Always Think Value

January 11th, 2015|

Entrepreneurs Should Always Think Value
I read an article recently written on the public stock market, “Value? Growth? Both!”  This article prompted me to use it for this newsletter. While most and maybe all of you are business owners of closely-held companies, the subject is applicable to all, both private and public, closely-held companies.
The answer […]

11 01, 2015

Jan 2015 Newsletter – Exit Strategy-Timing

January 11th, 2015|

Exit Strategy – Timing
 
I know that most people reading this article are struggling with how to make it through the day or month. Most of you have great ideas and keep refining your processes and procedure – which is a good thing. Others are probably struggling with cash and how to get more cash. […]

11 01, 2015

Jan 2015 Newsletter-10 Rules for Making Money

January 11th, 2015|

Happy Holidays and a very prosperous New Year. This is our first article of our January newsletter to start 2015, which will be posted in installments throughout the month. This newsletter is, as most of our letters will be, focused on growth, profitability and cashing-in.
10 Rules for Making Money – A subject that is […]

8 12, 2014

The Perils of Your Credit File

December 8th, 2014|

Have you ever been refused credit (either personally or your company) and not known why?
Have you ever requested credit reports to review your credit rating? Do you supply Dun & Bradstreet (D&B) or other credit bureaus with quarterly or annual financial information?
Checking your credit file regularly and not supplying too much information to credit […]