-
-
The Top 7 Reasons Why You Should Have a Budget for Your Company
- During my 17 years as an ActionCOACH business coach, I have noticed several “themes” about business that keep coming back to the top of my work with my clients. Currently, my clients have been developing operating and development budgets for their businesses. A budget for your business is an important tool because it helps you […] Read More
-
-
-
Are You Preparing to Sell Your Business? – Ten Essentials
- Preparing a business to sell is a complex process that requires careful planning and execution. While the specific steps may vary depending on the nature and size of the business, here are ten essential things to do to prepare for the sale of your business, even if you have no plans to sell at this […] Read More
-
-
-
What Can We Learn About Our Businesses from How CPAs Prepare for the Tax Season?
- While working with my CPA firm client, I had a major BFO (Blinding Flash of the Obvious) that reinforces the value of several business concepts my colleagues and I repeatedly discuss with our clients. Preparation – For CPA firms being prepared for tax season is essential to getting through the crunch successfully. Preparation in their […] Read More
-
-
-
More Thoughts on the Importance of Planning
- I’ve become a huge fan of Carey Smith’s monthly column in Inc magazine. Within his November 2022 column (“If You Don’t Plan for the Long Term, Plan on Failure”) Mr. Smith covers several important aspects of the planning picture. The article sites a wide variety of reasons to support long term planning and warns of […] Read More
-
-
-
What Can We Learn About Business From My Granddaughter?
- Originally posted 12/6/2013, revised 5/10/2022 Last week my 20-month-old granddaughter (now ten years old) suffered a broken pinky as the result of a stroller mishap. A few days after the accident my son-in-law sent me this photo of my granddaughter multi-tasking. After admiring how cute she is in the photo, I started thinking about, of […] Read More
-
-
-
Everyone Is Short Staffed
- At the risk of piling on, and because many of the business owners and executives I am in contact with say that their top issue is finding and retaining team members, I want to share several concepts that speak to solutions to this problem. I have concluded that most organizations have imbalanced marketing. Their “internal” […] Read More
-
-
-
Why You Need Written Plans
- “Planning without Action is futile, Action without planning is fatal” – Unknown Originally posted 6/2/2015, revised 5/16/2021. One of the most profound concepts I have embraced since joining the ActionCOACH team is the many positive results of having written plans. It is commonly believed that those who have written plans outperform their contemporaries by a […] Read More
-
-
-
What Can We Learn About Business from Wimbledon?
- Originally posted 7/14/2015 revised 2/1/2021. It took 200 IBM statisticians to produce the statistics for Wimbledon and the BBC that we all consumed during this couple of weeks of tennis. So why are we consumed by this incredible amount of information that’s available? What is its purpose and how do we learn from what professional […] Read More
-