Let's talk about coffee. You've got a coffee machine in your office, right? Probably with different flavored coffees, too. And teas, I bet. You do this because, well, you like a good cup once in a while. But you also do this for your employees. This is not just an office perk — it's... Continue
Many long-time small business owners would agree with the line from the 1970s song by the band Faces: "I wish that I knew what I know now." Over years of running a small business, owners inevitably gather many lessons about how to grow and run a business more effectively.... Continue
When analyzing your small business's performance, the accounts receivable turnover ratio is an important metric to know. This ratio evaluates how effectively you are collecting your receivables when customers buy on credit. Specifically, the accounts receivable turnover ratio... Continue
It's a growing economy, and the labor pool is very tight. Keeping your employees motivated, productive, and loyal is critical because you know as well as I do that losing just one or two can have a significant impact on your operations. So, what to do? There are many tactics,... Continue
As a small business owner, you're likely more concerned with cash flow, sales, and managing employees than getting sued. However, the reality is that small business owners will face the threat of a lawsuit at least once over the life of their... Continue
One of the things that perplexes me is why every business doesn't send a regular email newsletter. Do you send one? I don't care how boring your business is — and, trust me, many of my clients sell some boring products and services, just as my... Continue
