Small businesses are often terrible at follow-up, a problem compounded by their success. More work is created on the pat...
The downside of milking your small business for income
Here’s a business fact you might not know. According to Forbes, 80 percent of businesses never sell. Those that do...
Group incentive plans: grow your business by inspiring your employees to act like owners
“Vision without execution is hallucination,” Thomas Edison said. As a business owner, you can support employees in e...
Looking to reduce business taxes? Move to Puerto Rico
Can you spend half the year on a Caribbean island while legally avoiding virtually every U.S. federal and state tax? Yes...
It’s Not a “No Meeting Day;” It’s a “Get Stuff Done” Day
Too many meetings can make it difficult for companies to get things done. They negatively affect employees’ psychologi...
What can business owners learn from the collapse of Silicon Valley Bank?
Silicon Valley Bank was a state-chartered commercial bank in Santa Clara, Calif. A run on the bank’s deposits caused i...
Desk Bombing. Is it an HR problem or a morale booster?
“Desk bombing” describes the act of walking up to your co-worker’s desk (or even popping your head into their offi...
Looking to gain a competitive advantage? Know your value discipline model.
Customers have always bought products and services based on their interpretation of value. Customers used to apply basic...
How ChatGPT can help your small business
ChatGPT, a large language model developed by OpenAI, can assist small businesses in a variety of ways, including content...
Elon Musk’s six rules for ‘insane productivity’ can benefit any business — even yours
If you run a business, you’ve likely heard of Elon Musk. Musk isn’t just the leader of several companies; he’s rep...
4 ways to increase the value of your business in a high-interest-rate environment
The cost of borrowing capital is much more expensive than it was a year ago. That makes it riskier to fund growth. Wheth...
Maximize the value of your business by eliminating headaches
The voice on the phone sounded eager for some help. “I heard that you people can help a guy like me do what it takes t...