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Economy or Retirement:  Preparing To Sell Your Small Business

O s                                       September - October, 2022                     Volume 17 -- Issue 97   There are major investment opportunities in many people’s lives.  Big time purchases should always be considered from the investment side of their bank statements and ledger pages.  Buying a home is a big one.  Investment in property or real estate is another.  Investing in art or precious metals are others.  Starting and ending a business is yet one more big time investment.  If you are at the end of the line with your company you need to be preparing to sell your [...]

By |2022-09-26T04:49:15-04:00October 10th, 2022|Sales, Strategic Management, Strategy, Succession Planning|
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3 Things Small Business Leaders Can Control

            July - August, 2022                         Volume 17 -- Issue 96   There are 3 things business leaders can control, even small business leaders.  Yes, even when it feels like the world is going to Hell in a handbasket. Honestly.  Right now, that is pretty hard to believe, isn’t it? It is no secret that much of the world as we knew it is out of control. Supply chain issues are creating havoc with our ability to run our businesses.  Shortages of everything from automobiles to baby formula, food products to building products and lumber are rampant.  Even shipping pallets that [...]

By |2022-07-30T03:36:13-04:00July 30th, 2022|Business Management, Newsletter, Strategic Management, Trends|
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Small Business Trends for 2021-2022

                      March - April, 2021               Volume 12 --  Issue 100   Small Business Trends for 2021: Time to Move Forward Hope, at least, has increased for seeing the end of The Pandemic Year(s) and a return to some form of normality.  Exactly when that might look like is still anyone’s guess.  Vaccines are being distributed around the world; more efficiently in some countries than others.  But, people are finding access to vaccines is moving a bit smoother than when they first launched. This Summer, [...]

By |2022-02-07T02:41:51-05:00March 31st, 2021|COVID Business Survival, Growth, Newsletter, Strategic Management, Success, Technology|
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Resources for Recovery from COVID-19 Business Setbacks

If you’re a small business owner who has spent the past six or seven months wondering how to keep your company afloat throughout the COVID-19 pandemic, you’re not alone. Countless entrepreneurs are trying to figure out how to recover from this major setback. With a little ingenuity, your business can make a comeback. We’ve gathered resources with tips on everything from overhauling your marketing strategy to helping your employees become more efficient remote workers.  Hopefully, these resources for recovery from COVID-19 business setbacks will set you on your way back from the pandemic standstill. Establish Financial Stability Your business’s current [...]

By |2021-04-06T19:28:21-04:00October 10th, 2020|COVID Business Survival, Strategic Management, Strategy|
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Small Business Experts to Call When Business Gets Dicey

No, don't call 'Ghostbusters' when you need help with your Small Business.  If you saw the original Ghostbusters movies back in  the mid- to late-1980s, you remember how messy and destructive that kind of help can be. Definitely not the kind of assistance you want. Unless poltergeists have invaded your company, it’s best to look for small business experts who can provide help in specific parts of your business that aren't going well. Small businesses operate on 'minimal' these days.  Minimal budgets, minimal time to get things done, minimal staff are typical of today’s modus operandi.  You name it; bare [...]

By |2019-04-23T17:41:30-04:00February 16th, 2019|Business Planning, Strategic Management, Strategic Planning, Strategy|
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Time Management:  Use Your Time More Efficiently

Fellow small business owners – I feel your pain.  We all found, in the early days of our small businesses  there simply was never enough time.  So much to do in so little time to accomplish everything is the reality of owning and growing a business.  With everything else going on with our startup, time management was the furthest thing from our minds. We thought having our own businesses would give us more freedom.  Our time would be our own, not under the schedule of a boss at the company we used to work for.  We would be free to [...]

By |2018-12-12T15:56:05-05:00December 12th, 2018|Strategic Management, Systems and Processes|
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Delegating Is Critical To Small Business Growth

Have you finally reached the overwhelm stage of being a small business owner?  Could be the time to start delegating work to others has come.  What seemed like a better way to earn a living than working for someone else may not have turned out the way you expected.  By now, you have found out just how many jobs (read: hats to wear) you become responsible for as a business owner. Let's see, you get to be the owner/CEO of the company, and, with employees, the boss/manager and administrator.  Add in chief financial officer, bookkeeper and human resources manager.  Those [...]

By |2018-10-10T13:54:58-04:00October 10th, 2018|Strategic Management, Systems and Processes|
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Trends and Changes Can Help or Hurt Your Small Business

  'Designing Strategies' eNewsletter May - June 2018            Volume 15 - Issue 83   Being aware of what is happening around you – and your small business – on a regular basis is critical to your success.  Far too many small businesses get blindsided by changes coming their way.  They may not be paying attention or fail to ‘read the tea leaves’ correctly.  Or, they may have a smug feeling of invincibility, believing nothing can take them down.  Those who fall into one or more of these categories, soon find themselves out of business.  Remember:  [...]

By |2019-01-27T01:01:02-05:00May 25th, 2018|Strategic Management, Trends|
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9 Powerful Principles of Small Business Success

Powerful Principles of Small Business Success There is no one simple rule or process for building a successful small business.  Nor is there anything simple about achieving small business success.  Small business success requires a lot of focus and clear direction to get you where you want to go.  It is not something that magically happens after you finish a degree in business, or work in someone else's business.  Creating a plan and using some basic principles of small business success will start moving your firm in the right direction. Building a successful business of your own is the basis [...]

By |2022-05-05T17:33:08-04:00April 30th, 2018|Growth, Strategic Management, Systems and Processes|
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Succession and Retirement Planning: Neither Should Be Ignored

How are you doing planning for your own retirement? Do you plan to keep your business alive even after you go away?  Stop putting things off.  Now is the time to address succession and retirement planning for your small business.  Give yourself the time necessary to accumulate a significant cache to fund your golden years.  You should probably started much sooner, but there is no time like the present to catch up. We read all the time about the need to create generous compensation and benefit packages to attract top talent for our small businesses.  Health care, paid holidays, paid [...]

By |2017-10-04T00:27:55-04:00October 4th, 2017|Strategic Management, Strategic Planning, Succession Planning|
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