Blog

Small business consulting firms can help you sell your business by spotlighting a few commonly overlooked aspects of the business sale process.  Sometimes they can slow down turnaround time of a sale.  But if you can understand these potential problems better, you will be better prepared.  Do You Have Time... Read more

Did you know CPAs can measure the financial health of a business? If your sole measure of financial performance are the sales you generate or your account balance—you’re missing out on a lot of helpful information about your business. Financial statements and metrics are more than just numbers that go up... Read more

According to a U.S. Bank study, 82% of businesses fail because of cash flow problems. However, is there a way to avoid catastrophe altogether? While the occasional “surprise” or economic challenge may be unavoidable, small businesses can manage their cash flow with smart practices. Below are five tactics that can... Read more

Does a Small Business Need Leadership or Management? The answer is both. Have you ever heard the expression “Too many generals and not enough soldiers?” Well it can work both ways. Too many soldiers without a strong general will surely find themselves fighting the wrong battles. Businesses with too many... Read more

Below is a powerful 6-step blueprint that anyone can easily apply to find great success in their work, career, and life. Give these 6 steps a try and see how they work for you. These steps are part of our commitment to helping you identify your path to business success.... Read more

In a recent Harvard commencement speech, Mark Zuckerberg explained how some big companies wanted to buy Facebook a couple years into his venture. Everyone around him told him to take the money and run. But Zuckerberg held onto his business a little longer. He felt it was destined for something... Read more

Do you remember Blockbuster? At one time, the chain of 9,000 video-rental stores seemed to be everywhere. Families spent their Saturday or Friday evenings perusing the shelves for the latest releases or old classics. However, as the industry and world changed, and movie-renting habits evolved, Blockbuster failed to adapt, even... Read more

Surely you had an inspiration when you decided to start your business. Was it to provide a service or product better, faster or cheaper than what was currently available? Was it to fill a gap in the marketplace? Perhaps you were inspired to run a business that people enjoyed working... Read more

So, you’re ready to start a company. You have a great product or service you think people will really like, and you’re ready to get started. There’s just one question: Where do you start?  Building a company from scratch is not easy, especially if you intend for that company to... Read more

The right words of advice can get you closer to a goal. They can also inspire you to be a better leader. Josh Linkner is the author of the best-selling “The Road to Reinvention,” which urges businesses to go beyond the status quo for success, as well as a relatively new... Read more

For different reasons, individuals and small businesses rarely do a thorough background and credit check of their business clients. This creates a large information gap when it comes to knowing exactly who you’re dealing with. Small Business Coach: Know Your Clients First Everyday information about a business and even looking... Read more

Sometimes the most valuable advice comes from fellow small business entrepreneurs, not the CEO of a Fortune 500 company. Behind every business is a person, and behind every person is a story. That’s why we asked entrepreneurs to give their advice about the importance of serving their customers, their communities,... Read more

This time of the year is the “dog days” of summer – sizzling temperatures, a slower pace. Unless you run a seasonal business that benefits from tourism, you’re probably finding that your business is slowing down during this season. The phones aren’t ringing that much. Foot traffic has slowed down.... Read more

Whether it’s ensuring your customers are happy or it’s perfecting your products and services, you’ll need to keep pushing on with a new business. With that said, there’s one area that’s often overlooked by small business owners: accounting. Even if you aren’t a financial expert, it’s absolutely necessary that you... Read more

For those of you who want to start your own small business on the cheap, but are worried about seemingly insufficient funds, here are a few ways you can become a successful entrepreneur despite an almost non-existent budget. 1. Start With Home. With Apple and Facebook leading the pack, almost... Read more

If you’re starting a small business on a fixed budget, you’ve probably spent some time trying to figure out where you can cut costs and do more on your own in order to stretch the funds you have available. One area where you may consider doing it yourself instead of farming... Read more

Can you remember back when you first started your business? You were so excited about your business and the success it would achieve. Remember? And you got butterflies in your stomach when you were working out business plans? But then something changed. Maybe it didn’t go the way you planned.... Read more

How important is accountability to the success of a company? Without it, a company cannot improve its performance. If each team member feels invested in the success of the business they are a part of, the sky is truly the limit.  As part of our business coach advice, let’s point... Read more

If you want the best for your business, surround yourself with like-minded individuals. As a business owner, get support from a small business consulting team that has expertise in specific areas. Your CPA plays a critical role for you, but don’t forget about others. Cue your business banker. Your CPA... Read more

When you own a small business, everyone wants to give you advice. It can come from all kinds of sources: friends, family members, neighbors, social media connections, people you meet walking your dog. A lot of times such advice is not very helpful.    If you’re looking for worthwhile advice, there... Read more

More than 52 percent of businesses today are home-based. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based businesspeople. And, with technological advances in smartphones, tablets, and iPads as well as rising demand for “service-oriented” businesses, the opportunities seem to be endless. Is a... Read more

The failure rate of startup businesses is a common story. And many of these startups were founded on great business ideas. You might ask yourself why businesses built on brilliant ideas still fail. The answer is usually fairly simple. Having an idea for a business and having an idea about... Read more

When to Sell One of the questions we often ask our clients is “When do you plan to sell your business?” We get all sorts of responses, ranging from “I’ve no intention of selling it” to “We think the boys will take it over, but we’re not sure” to “I’d... Read more

Learning How to Turn Promise into Profit Joe is the CEO of a growing IT consultant firm that provide network management solutions as well as selling and repairing computer equipment out of a retail store. He has two silent partners in the business who lent him some money to get... Read more