Alternatives to Disciplining Employees

If you have employees, there will be a need to handle problematic behaviors or performance – like tardiness, incomplete work, or a bad attitude. For many business owners and managers, addressing those problems is often their most uncomfortable and cumbersome task. Not only can progressive discipline be awkward, but also it can involve substantial planning,...

Business Documents That Save You Money

There are particular business documents that will actually lower your costs. Documentation like checklists, samples, and procedures will shave hours off time to execute deliverables and perform daily duties. They’ll also save time in rework, project delays, missed deadlines, and staff downtime. All of these suggested documents can be created once and used repeatedly. Here...

Free or Low-Cost Ways to Reward Employees

Staff members (“employees”) deserved to be recognized for doing outstanding work, being a team player, meeting deadlines, or other positive behaviors. Rewards are an undeniably great way to build morale and confidence, provide incentives for continued good work, and grow company loyalty. Sometimes, though, the budget is tight. Free or Low-Cost Ways to Reward Employees...

Managing Information Overload

With the widespread use of automated email software, landing pages, free online offers, junk mail, and other tactics to get your attention, you are susceptible to your email address or other data being shared on a regular basis. For the promise of a free ebook, checklist, or webinar, many sign up only to become the...

Growing Your Business Value BEFORE You Sell

If you are like most business owners, you would like to sell your business one day for top dollar. You need to know the value of your business in order to grow the value. Businesses have “three values.” The book value is typically determined by your accountant. The book value is your business equity; assets...

Why Measuring Results In 2019 in Your Businesses Is Crucial

As a self-employed person, you know how business can be unpredictable. Since everything keeps changing and you need to keep adapting to every change, it is important to constantly measure your business results. All businesses have ups and downs. And when you’re in a down cycle, there is nothing better to help you get up...

Business Start-Up Checklist

You have a great product or suite of services to offer the world. You’ve made the leap to go into business for yourself … but, the path to starting a small business can be surprisingly complicated. Let us help you navigate the way. Even if you’ve settled on your business type, there’s a lot to...

The Best Way to Grow Your Business in 2019: Getting Referrals

We all know that word of mouth is the best way to grow a business. When you receive a referral you will have little or no competition, you will be able to command a higher price, and your referral source will have done much of the selling for you. Getting Referrals for Your Business The...

How to Succeed in Business Without Really Trying

If you’re a Baby Boomer, you might know the title reference to a 1960’s movie. The story centers on an ambitious young man, J. Pierpont Finch, who reads a book about how to succeed in business and uses it to rise at a dizzying pace from mailroom to executive suite. (More recently, it was adapted...

Using a Cash Gap Plan in a HVAC Company in 2019

This week I’m writing about using a Cash Gap Plan in an HVAC company. A Cash Gap plan will help you to quickly collect your outstanding receivables, get your customers to pay faster, and negotiate better terms with your vendors to improve your cash. I have been writing about some of my hero clients and...