Tag: business tips

“When is the Right Time to Prepare for Selling Your Business?”

If you’re wondering when you should begin to prepare to sell your business, you’re not alone. This question is asked by most all business owners when first discussing the concept of exiting their businesses.  Usually, they have not yet begun to prepare for selling their business and yet may be hoping to sell within 3… Read more »

Applying the Laws of Physics to Your Emerging Business

Multiple Physics Equations On Wall

In his book, “Organizational Physics: The Science of Growing a Business,” author Lex Sisney explains how the laws of physics help emerging businesses achieve new levels of success. He asserts that because physics is the science of matter and energy, and managers use principles and methods to lead organizations, then “Organizational Physics” offers a way… Read more »

The Three P’s of Planning

Man Drawing Out Computer Strategy

People. Product. Profit. Those were the elements we used for the annual business planning process in the advertising agency where I spent a good many years of my career. Whether it was because I was part of the finance organization or just the reality of being part of a large, publicly traded entity with quarterly… Read more »

Is “Good to Great” by Jim Collins any Good?

Impossible Being Erased Becoming Possible

In 2001 Jim Collins wrote a book titled “Good to Great”, which became a sensation in the business management world. According to Wikipedia, the book has sold 2.5 million copies and has been translated into 32 languages. Wow! Everyone was reading it, commenting on it, giving it to their business associates, and claiming to be… Read more »

How We Cut Costs and Improved Morale

Low Prices Everyday Sign

Most employees take satisfaction in knowing that they are contributing to the success of the company. Setting up an incentive program that rewards them for work that exceeds expectations provides tangible evidence of success. However, business owners may struggle to find ways to incentivize their employees for jobs that are not sales related. Most jobs… Read more »