Last week, we gave a brief overview of how to conduct a year-end review. Now, we’ll dig into some more specifics, starting with reviewing your goals with a set of EOY reflection questions.
Feel free to skip around or pick and choose the questions you want to think about, depending on your specific situation. The most ...
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With 2023 a mere four months away, many business owners are thinking about how they can set their company up for success. A year-end business review can help you understand the full scope of where you are now and how far you can go in the new year.
If this is your first time conducting a ...
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The decision to sell your business isn’t taken lightly, but sometimes the opportunity is too good to pass up. Often, that leaves business owners in their 30s, 40s, or 50s with a lot of money, few responsibilities, and many years ahead of them to fill with a purposeful existence.
Depending on your personality, obligations, and goals, ...
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According to the Research Department at the University of Massachusetts, job stress and employee burnout lead to serious long-term consequences for businesses to the tune of costing American companies $300 billion per year due to increased absenteeism, health-related costs, and loss of productivity.
When leaders can identify the signs, they have the option of taking preventative ...
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Business owners and entrepreneurs have an undeniable sticktoitiveness that can help them hang on through adversity and come out better than ever on the other side. Unfortunately, that tenacity can also lead to dragging your feet despite clear signs that it’s time to sell your small business.
While the decision can be heartwrenching, recognizing that it’s ...
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Need a little inspiration to get you through a mid-year slump? Want a reminder of why you started your small business in the first place? We’ve gathered up 5 of our favorite TED Talks for small business owners. Their short length and powerful impact are perfect for squeezing into your busy day and reaffirming your ...
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Last week, we looked at a case study to explore why hiring for in-demand soft skills is often the better decision when comparing two similar candidates.
Forward-thinking business owners know that increasing the value of their business today is the key to a successful and fulfilling exit tomorrow.
What they may not be aware of is the ...
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The 2019 LinkedIn Global Talent Trends Report found that a staggering 92% of talent and hiring managers believe that soft skills matter as much as or more than hard skills.
A further 89% agree that “bad hires” fail because they lack the soft skills to succeed professionally.
As you work towards building an exit strategy, one of ...
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I recently had the opportunity to sit down with Business Innovators Magazine’s Mark Imperial.
Our conversation gave me the opportunity to share why having a transition plan – something we know is important but not urgent to a Business Owner – is simply a smart business strategy.
Because of my own experience in transitioning by selling my ...
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In the not too distant past, American work culture centered around “above and beyond”– Going above and beyond your job description, work hours, responsibilities, and your own mental, physical, and emotional capacities. Employees and executives did much of this to be seen as hardworking, diligent, and driven individuals willing to do anything for the business’s ...
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