Posts Tagged ‘business management’
Winning over investors: how to prove you are the best person to run your business 🙂 (6/6)
The last section Forbes wants you to add to your investor presentation is the “who” section: the explanation of who is going to bring this great idea to fruition. And although it is at the end, this section can make or break your presentation. See, investors are investing in two things: And the real deal-breaker…
Read MoreCelebrate success: measure, plan, recognize good work 🍾 (6/6)
Don’t forget this step, in any part of your business. A powerful way to ensure more good work is to recognize what’s working, celebrate good results, and give the team the spotlight. Make sure everyone in the business knows when good work is happening. Measure customer satisfaction First and foremost. It is up to your…
Read MoreOperational efficiency: an essential to grow your business
Business growth is what we’re talking about, but to achieve growth, you must scale your business. Growing your business means adding parts. More clients, more employees, more desks, more anything. Scaling your business means that your revenue increases, but your resources stay about the same. For more on that see my post Why scaling is…
Read MoreSmall Business and Cash Flow Issues in 2023
I present part 3 of 3 key business skills: Finance, written by Corbin Cook, Virtual CFO & Exit Plan Advisor. Small businesses can often struggle with cash flow issues. Managing both the incoming and outgoing funds is an important task that must be done carefully in order for business owners to remain profitable. Cash flow…
Read More3 key business skills, part 1: Management
“It is easy to be distracted by your customer-facing work, but the foundation of your success will be built on sound management practices.” This quote is the reason I keep returning to this article in Small Biz Viewpoints. The article highlights three key business skills that owners must nurture. We’ll take a look at each…
Read MoreProductivity & Profit: why delegating is good for your business
Delegating. It sounds so simple. You’re too busy, you ask somebody else to do some of the work you are doing, and now you are less busy and everything is getting done. But delegation is much more than that. Delegation is business management: it is an important part of business decision-making and is necessary for…
Read MoreWould you recommend working for you?
Even better: would you want to work for you? I want you to be very careful when you answer this question, and make sure you are thinking of your business as it really is, not as you want it to be. Your employees work in the reality that exists today, tomorrow, and every day. Not…
Read MoreHow does everybody spend their time?
“I want all my employees to be in the office to Build better camaraderie Brainstorm more Make sure I know what they are doing“ If you’re in point three, where your employees work doesn’t matter. You still don’t know what they are doing. What are people doing? It’s unlikely that you spend all day standing…
Read MoreYour business is more than the sum of its parts: the Value of a Self-Sustaining Business 💪
I recently started working with a new client, who first called me because in his words: “I realized I had given myself a job, not built myself a business”. It all started when he considered the option of semi-retirement. And he realized that the most valuable – maybe the only truly valuable – thing in…
Read MoreThe most important line in your job descriptions
There’s one sentence in your job description that matters the most. If you were only allowed to share one line from your job description, this would be the line to share. It’s the line that tells people what to do. And it goes like this: “The purpose of this role is…” A job adds value…
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