Posts tagged as:

Entrepreneurs




Business startups can be a stressful and challenging process, especially if its your first startup. A single missed to-do list item might be a key element with a big impact on your future operations.  In the course of the start-up phase, it’s genuinely difficult to discern what is and is not significant and what might […]

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What’s involved to be a successful business owner? What differentiates the entrepreneurs who are successful from all the rest?  What exactly is success? We’ve seen over the years that certain factors such as leadership, balance between risk-taking aversion and tolerance, and graceful adaption to change are key success traits for entrepreneurs in any business segment. […]

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At the start of a new business the entrepreneur often handles everything—directly and optimally. Then it begins: the company grows beyond what you can handle by yourself and you start hiring staff to fill the positions in your growing business. What you obtain is the freedom to further grow your company. What you lose is […]

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One small thing that might make the business world just a tiny bit better is all of us agreeing how we measure growth.  I hesitate to wade into this subject because so many people have so many definitions. *Source: Tim Berry at Small Business Trends And you’d think it was obvious, but then suddenly I […]

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Launching a small company takes nerve and determination — and so does ultimately divesting of your beloved company. The decision to sell can be nerve wrenching, but whether you’re selling because the work is no longer fun or because you need more time outside of your business, the preferred end result is often the same: You must ensure that you’re […]

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An employee  job termination is always uncomfortable, whether it’s for good cause or due to a business downturn. Workers who are fired or laid off often have bad misgivings about your business and some may act out their emotion in hurtful or violent ways, attempting to sabotage your company. Here are seven key steps that you […]

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If you manage an SMB, be prepared to communicate. It’s an important part of what  SMBs do. The same thing goes for those who lead them. Here are some expert tips and tools to help you better marshall the communications of your SMB enterprise – Source:  Small Business News –  Opening Up Why you must spend […]

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Often times small company owners and managers gauge their business results by their checking account. But if you’ve been in business for awhile, you already know that cash rarely equals income or profit. And even if you know what your company income is, do you really know how to read your cash flow and financial reports? For most […]

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Emily Suess remembers the first four words of the mission statement crafted by the school board leaders of her small school district in Southern Indiana. Hanging on the wall in every elementary, middle school, and high school classroom was a brief statement of purpose that started with the words “learning takes place here.” Apropos for […]

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Small business budget and finance expert, Vanessa Richardson, wrote at Intuit that a “… hiker trekking through the wilderness wouldn’t start his trip without a map and compass.”  Of course those instruments are important in getting to the end of the journey.  But alas, all too frequently small-business managers launch their companies without a financial road map. One of […]

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In about 90 days everyone in the world will share something in common: We will all say good bye to 2011 and bring in the 2012 New Year. For many if not most, that means a party, and (new) unfulfilled New Year’s resolutions. This is seldom something most people need to plan and prepare for. […]

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A great accountant is worth his or her weight in ledgers. Choosing the right accountant can be the most important decision a small business can make. In the end, a good accountant is not just a bean counter but a valuable financial consultant, an auditor and a trusted adviser. They can provide you with great […]

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What business owner doesn’t want to cut expenses? But it is even more important for a young entrepreneur who has limited savings, limited access to capital and overall less options. So we reached out to get ideas from business owners on how they have saved and what they think young entrepreneurs should do to save […]

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3 Things On Business

by Lynnea Bylund on September 25, 2011 · 1 comment




“Some companies are organized in departments, and titles and another essentially comprised of a single person doing it all, every business that grows and thrives internally and externally figures out how to manage three things at all times: purpose, projects and process,” says marketing expert John Jantsch over at Ducttape. Lots of employees come into […]

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… and stick it to Wall Street at the same time! Sounds like the best of both worlds to us! In November 2009 Ellen Brown wrote at AlterNet that bailing out the banking system “…has only fixed the economy for bankers and the wealthy; it has not done much to address either the fundamental problem […]

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We recently received an e-mail – one of a series of regular releases the IRS sends to tax lawyers, accountants and certified tax preparers.  This one asked “Do you barter?” The IRS’s view of barter. The IRS begins with a simple explanation. Barter is exchanging one product or service for another, whether informally and one-on-one […]

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Its a new era for bargain seekers with a constant stream of strongly discounted coupon offers: 40% off a Princess Cruise ticket, 55% off a facial, or $125 worth of laundry and dry cleaning for$60.  Entrepreneurs, venture capitalists, and big corporations are gambling that the new discount coupon promotional services represent a tectonic shift in consumer trends, […]

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Keri Salls posted to her blog about cool research project published by Saras Sarasvathy, a Professor at the University of Virginia, captures distinctions between entrepreneurs & corporate executives in how they think. Source: Catalyst House Blog In her article in the new issue of  Inc Magazine, Leigh Buchanan says, “Saras Sarasvathy concluded that master entrepreneurs rely […]

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Among small business owners polled one of the worst jobs is calling customers and asking for past due payments.  But, after all, cash flow is everything. You can not run your business without cash flow. Do you know your average receivables turn over ratio? Also known as the Average Receivables Collection Period. Below is a […]

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Getting the best out of your people Sure, it’s important – but when we do the math, we can see it’s not nearly as important as getting the very best people in the first place. As up and coming small business leaders, we know that hiring the right people, and helping them achieve to their […]

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