There’s never been a better time to fail! Think about it. Nobody has the answers right now so why not try something new or different? Is there something you’ve been thinking about trying for a while and yet you’ve made all sorts of excuses for why you can’t do it?
Are You Having Fun In Your Business Yet?
Usually three-letter words are OK, it’s the four-letter words you need to avoid! Yet it’s hard to find too many people having FUN in their businesses today with all the changes that are being introduced and forced upon us due to COVID-19. The real question is, were you having fun in your business before all this coronavirus stuff hit? Unfortunately we find too many business owners who aren’t having fun in their business any more. But it doesn’t have to be that way!
A Turnaround Mindset Can Help You Not Only Survive, But Thrive in the Coronavirus/COVID-19 World
One of the things we have a lot of experience with is turnaround situations in business. A turnaround situation in our books is simply defined as taking a company that is losing money and turning it around to making a profit. Why is this important in the current Coronavirus/COVID-19 world?
How Do I Plan In Uncertain Times?
To say we live in uncertain times might be an understatement given the recent and ongoing changes to lives worldwide as we all wrestle with the fallout caused by the Coronavirus and COVID-19. As a business owner, it can be twice as difficult as you are dealing not only with your personal situation, but also your business. So how do you plan in uncertain times?
As you can probably appreciate, many folks don’t like to plan under normal circumstances. But when it comes to uncertain times and your business, as the owner you really have no other choice but to pull a plan together. The key is where do you start and how do you do it in a way that you can take action quickly?
Business Plans – What Are They and Do You Need One (Part 2)
We had so much fun talking about business plans last week that we only got about halfway through what we wanted to cover. This week we shared the rest of the story when it comes to business plans.
Business Plans – What Are They and Do You Need One (Part 1)?
We hear all the time from frustrated small business owners who say all they need is a business plan. When we ask them why, it’s usually based on them hearing that from a bunch of people who ask them what their plan is for the business. What does this even mean?
How Do I Get Money For My Business?
Most owners start and fund the initial growth of their business through a combination of their own personal savings, borrowing from family and friends, and maxing out their credit cards. As those sources of money dwindle or become tapped out, the growth of the business can often be stifled by this lack of capital. It’s at this point that many business owners approach alternative money sources (e.g. bankers or investors)
How Do I Start Small?
In This Episode So is the well known phrase of “go big or go home” applicable to your start up? […]
How Do I Get Better At Running My Business?
In This Episode This is a question that most of the best business owners we’ve met are constantly asking themselves. […]
How Do I Use My Financials Statements To Make Better Business Decisions?
In This Episode Every business owner we meet has some form of financial statements. That includes everything from handwritten notes […]