Nothing mirrors your quality of life more than your thinking. By deciding to take a positive outlook on life, one can begin to discard a negative frame of mind and view life more positively, with the anticipation of opportunities and challenges ahead, instead of dwelling on barriers in life. Positive thinking is a mental and emotional attitude. With a positive … Read More
Knowing When to Sell Your Business
Many business owners have the mistaken idea that retiring from their business will be a pretty simple process… …they’ll just find a buyer when they’re ready to retire and live off the proceeds of the sale for the rest of their lives. In an ideal world, this would be true. Unfortunately, the reality is much different. Except in rare circumstances, … Read More
How To Protect Your Small Business
Small businesses have a lot to manage, and often without a lot of resources to do so. The focus is on keeping the business running smoothly, pleasing customers, and making a profit. But in today’s digital world of non-stop news headlines reporting data breaches and fraud, making security a priority is important no matter what size business you own or … Read More
How to Take a Holiday Break as a Small Business Owner
Everyone deserves a break, especially those who work hard trying to a get a business off the ground. A recent survey found that three quarters (76%) of small business owners and entrepreneurs skip their holidays in order to keep their business running smoothly. But while there may never be a good time to take a holiday when you’re the boss, … Read More
How To Plan For Succession In Family Business
It’s never too early to start succession planning in a family business. Here’s a story… …From the moment the Yung Kee restaurant sold its first goose in Hong Kong, in the 1960s, its founder Kam Shui-fai groomed two of his sons for management roles. However he never had the time to develop a structured approach to succession planning.The younger son … Read More
The Trinity of Management
The Trinity of Management is a simplified concept of basic business management. Coined and trademarked by Ernesto Sirolli, it makes it relatively easy to get across the basics of business by creating a framework in which we can start the work of building a solid new business or expanding an existing business. There are many ways that have been used throughout … Read More
How to Find Better Balance Between Work and Life
It used to be that you’d finish high school and quickly move in one of two directions…. …you either enrolled in a four-year college to work towards a degree, or you got a job right out of high school and never looked back. Enter the modern day, when more and more adults and other nontraditional students are heading back to … Read More
4 Ways to Scale Your Service Business
Owning a service business can be tough, and running a service business day-in and day-out can be even tougher. For many service business owners, building a service business stopped being fun a long time ago and somehow it mutated into a “job.” Here are 4 tips to help you scale your service business and get your life back. 1. Recognize you’re in … Read More
How To Balance Work and Life As a Small Business Owner
Running a business is not easy. It requires a lot of time, hard work, and sacrifice. If you operate your own small business, you’re likely all too familiar with the never ending to do list. Maybe you’ve even given up weekends and burned the midnight oil to make sure everything gets done. But if you push yourself too hard, both … Read More
Five Tips on How To Find the Right Accountant
If you’re thinking about hiring an accountant, you’ve probably discovered that you may need one for more than just crunching numbers. Today, many accountants strive to serve as small business financial advisors. Many of them want to be there for you at every stage of your business’s growth. Helping to write your business plan, reviewing your inventory, looking for ways to … Read More