As a small business owner, you’re always looking for ways to stay ahead of the curve and ensure your company’s continued growth and success.
One essential aspect of managing your business effectively is keeping your small business overhead costs as low as possible. Reducing overhead expenses helps improve your bottom line and allows you to allocate ...
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You know your small business is worth something, but proving it requires a business appraisal conducted by a certified valuation analyst.
Understanding when a business appraisal is necessary and what it can do for your company can help you see future profits and take on transitions with confidence.
What is a Business Appraisal?
A business appraisal, also known ...
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As businesses grow and evolve, many business leaders seek professional training to navigate the changing environment and accomplish their career goals. For that, they turn to executive coaching.
In a study conducted by a Fortune 500 firm and the International Coaching Federation, researchers found that working with an executive coach boasts an average ROI of 788% ...
There’s a famous saying that goes, “People don’t leave companies. They leave managers.” By being accountable for your leadership growth, you can avoid being the reason a team member decides the job isn’t worth dealing with poor management.
You take on an unimaginable amount of responsibility when you step into a leadership position. Not only are ...
Even the most successful entrepreneurs and influential business leaders have terrible days. They have doubts, worry about their future, and wonder whether they’re in the right business.
What sets them apart, though, is their ability to face every hurdle with tenacity and look at challenges as growth opportunities.
When you’re facing a difficult day, use these words ...
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At the beginning of your partnership with a business coach, you may feel intimidated by the prospect of being vulnerable about your executive career.
For many, having questions already in mind can ease some of the anxiety, giving them a launching-off point for what they would like to talk about both in the short term and ...
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Not too long ago, workplaces were defined by rigid job roles with a specific set of expectations. Recently, many businesses have moved towards an employee strength-based culture, creating a positive shift in engagement, retention, and overall productivity.
The successful modern workplace is one of flexibility, employee agency, and open communication. It prioritizes a culture where employees ...
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Poor time management is more than an inconvenience; it’s a serious stressor for many small business owners. It causes deadlines to pass unnoticed, accumulates into countless wasted hours in your work day, and forces you to constantly compromise the things you want to do for the things you have to do.
For all of the professional ...
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Last week, we discussed leading with the Ladder of Inference and looked at a situation where “climbing” the Ladder led to unintended consequences.
To refresh your memory, here are the rungs of the Ladder from bottom to top:
We use our senses to make observations about situations and experiences.
We select significant data and let the rest of ...
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The Ladder of Inference is a metacognitive model that that explains the thinking process people go through as they make judgments about certain situations and other people’s actions. It was created by Chris Argyris, a business theorist, in the 1970s as a way to help leaders make more informed decisions while avoiding cognitive bias.
The goal ...
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