Lessons from a Movie: With Me, Without Me

Posted by & filed under Knowledge.

  Last week, I was talking to a business owner whose company is in fast-growth mode, and who was looking for answers to some specific questions: “Can I afford pay increases for my employees?” “When can I afford to hire another employee, given the cyclical nature of my business?” “Should I consider a profit-sharing plan

How Business Trends Hurt Your People

Posted by & filed under Knowledge.

  As a successful business owner, chances are you’re a member of a mastermind group, or you’ve attended a conference with a wildly famous entrepreneur as a keynote speaker. In these settings there’s a lot of talk about the latest business trends – the newest system, process or metric that will “take your business to

Why Your Business is Losing Value as it Grows

Posted by & filed under Knowledge.

You’re running a successful business, adding customers and sales like there’s no tomorrow. You’ve got capacity to take on more, and things are really humming. Soon you’ll be able to sell this company and move on to your next venture with the big money you’ll garner from the sale. But it won’t be as much

Do You Treat Your Business Like Your Piggy Bank?

Posted by & filed under Knowledge.

  When you sign a big new deal or have a kick-ass month, do you write yourself an extra check out of the business? Some owners do – but should you? When I begin work with a new client, I make it a point to ask if they have an exit plan. That may seem

Do You Need an Electrician or a Landscaper?

Posted by & filed under Knowledge.

  There’s an easy answer to that question, actually. It’s a matter of looking at your projects and finding the trained professional who is qualified to do the work. Re-wiring an old house? Choose the electrician. Determining what to do about the slope in the backyard? Choose the landscaper. But when it comes to the

Being Alone = Being at Risk

Posted by & filed under Uncategorized.

As you grow your business, it’s important that you pay attention to who’s running the show. That doesn’t just apply to management – I’m talking about everyone you bring in to help your company thrive. That means vendors, employees, financial experts, and even coaches. Here are a few important things to consider as you think

Who Likes Surprises?

Posted by & filed under Knowledge, Uncategorized.

We all like to be surprised – fun birthday celebrations, running into an old friend you haven’t seen in years, winning the lottery on a scratch off. These events evoke feelings of happiness or fond memories. But what about surprises in your business? You know the ones I’m talking about. Someone calls in sick on

Assess Before You Outsource

Posted by & filed under Knowledge.

In past articles I’ve talked about how your company can benefit from outsourcing some functions and/or projects. But what about the reasons you might choose to outsource in the first place? If it isn’t broke, why fix it? Well, chances are pretty good that your company doesn’t have a full staff of functional experts in-house

Let a Fractional CFO Manage Your Finances

Posted by & filed under Knowledge.

  Is your business muddling through the year without a plan? Are you frustrated by unpleasant surprises that cost your company money? Do you even know if you’re measuring what matters? If these questions are familiar to you, you’re not alone. Many business owners are too embarrassed to admit that they suffer from one or