Each new financial year is a common time for people to reconsider their approach to their business. Whenever we meet a business owner, we like to ask about their business model and what they are looking to achieve in the next three years. It’s rare to get a concise response which inspires confidence that they have a solid plan and … Read More
Things to Consider Before Changing Your Business
It’s important to thoroughly vet a process before going to all the effort of changing your business. Checking in with important stakeholders and customers is a critical step to undertake before the change effort. Sometimes we live in our own little world even though we’re surrounded by plenty of team members with whom we interact on a day-to-day basis. And a … Read More
3 Ways to Boost Your Business’s Success
Helping your business reach its goals for success is within your power. Boosting productivity and efficiency gives small businesses a competitive edge and can often mean the difference between thriving or barely hanging on. Though increasing efficiency can be hard at times, finding small ways to boost your team’s productivity can have significant effects on business growth. Below are 3 … Read More
Building an Excellent Team
What makes an excellent team? Diversity, an entrepreneurial spirit, and ambition are some of the key ingredients of a successful team in any industry. Gathering talent from a variety of backgrounds can better ensure that all kinds of tasks get done by qualified people. Promoting a culture of creativity and not being opposed to failure can do wonders for making … Read More
7 Tips on Building a Strong Team
Entrepreneurs need to be effective team leaders… …..since no one can transform an idea into a product and a business without some help. Fortunately, team building is a skill that can be learned and practiced, for those willing to put in some effort. Take a look at this checklist as a starting point for developing team connections and building engaged … Read More
How To Get The Best Out Of Your Employees
Hiring your first employee is a big step. You’ll want to make sure that you help your new hire to maximize their performance. We suggest following four steps that are simple, but time tested: 1. Set the right goals Goal setting is essential. It helps employees to prioritize their activities and focus their efforts. The goals must be meaningful to the … Read More
How to Plan Your Business Pipeline of Growth
Nurturing clear strategies for growth Effective growth plans are built from a targeted strategy that builds sales and profit by channel, customer, and product to identify what can be achieved. These plans are usually more realistic and will include a new customer or new product business pipeline to define potential sources and probabilities of new growth. By building up by … Read More
How a Business Plan Can Help Your Business Grow
The Power of Drafting an Annual Business Plan ….If you want to grow, one of the most important steps is to develop a plan for growth — and then make planning an ongoing process of your company. Remember: You can’t reach a goal you haven’t set. It’s planning that’s important, not necessarily the plan. The planning process itself brings you the … Read More
Williams & Kunkel, CPAs LLP client case study Jewelry Theory
Matching their passion for jewelry with their drive to revolutionize the industry… Dallas-based Jewelry Theory is not a jewelry store: it is a new approach to jewelry design and creation. And it’s catching on fast. We spoke with one of the four owners and Head of Design, Tony Logan, about the business and their journey so far. As with so … Read More
STRATEGY Use it to succeed in your business
Developing strategy to succeed in business A recent survey, conducted by The High Center for Family Business at Elizabethtown College and the Pennsylvania Chamber of Business and Industry, found that 65% of family businesses do not have a strategic plan. Many businesses misuse the term strategy As leaders of businesses, we should make sure that all our efforts are not … Read More