As a business owner, finances play a pivotal role in shaping and executing your growth strategy. Thinking through the following will help you employ a structured approach to driving sustainable expansion: Develop dynamic financial models to project revenue, expenses, and cash flow envisioning different growth scenarios. By creating best-case and […]
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As 2025 approaches, small business owners must focus on building a clear strategic plan to stay competitive. A strategic plan helps define your goals, understand your target audience, and identify the resources you need to grow. Start by evaluating your business’s current strengths and weaknesses. This includes reviewing your finances, […]
Building a positive workplace culture isn’t just a goal for large corporations—it’s essential for small businesses too. In fact, smaller companies have unique advantages when it comes to shaping and nurturing a culture that’s engaging, positive, and productive. When you invest in creating a supportive, values-driven environment, your employees feel […]
The holidays are coming up: should I wait to apply for a business loan? As a current or future business owner, the holidays can be a frustrating time to access capital. There are many factors applying and closing a business loan in a normal scenario so dealing with holidays […]
Your business may be relatively new, but if things are going well and/or if you want to retain good people, you may be considering offering some sort of benefits. The first place that new business owners often look is for professional development training; employees feel valued when their employer invests […]
Are you a small business owner that thinks they can (or should) wait until after Halloween is over before you begin your holiday marketing? Think again. Shopping for the holidays has already begun, for some consumers as early as June. Couple that with a distracting election (and higher bidding for […]
Knowing the value of the business is critical to the planning necessary to successfully exit your business. For most owners, their businesses are their most valuable asset – think of it is the 401K for the business owner. Accomplishing financial goals depends on converting that asset to cash. Based on […]
“It takes money to make money” is a phrase that most entrepreneurs have heard – and lived. Yes, there are many business models that can be started on a shoestring, particularly in some service industries, but often a new or growing business will require an injection of capital in order […]
The New Year means a blank slate for your business, including revenues. It’s likely that business owners are hoping for MORE sales this year, naturally, and therefore let’s discuss the sales process. Please understand that sales is, indeed, a process. Sales is not a one-off activity. In fact, it is […]
Artificial intelligence (AI) is revolutionizing organizations of all denominations, from large corporations to small businesses. Even though AI appears to be complicated and costly, it is now more available and budget-friendly than it has ever been for small businesses. Implementing AI can help organizations improve efficiency, cut costs, and increase […]