Monthly Archives: August 2019

STOP DOING IT ALL YOURSELF

As entrepreneurs, we tend to try and do everything ourselves. But, every successful entrepreneur knows that the key to scaling a business lies in delegating tasks by having documented standard operating procedures (SOPs). So, why don’t more companies have them? Well, SOPs are a pain in the butt, or at least they can be. Most…
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1-Minute Wednesday: Systematize Processes to Maximize Peace of Mind

If one of your employees left unexpectedly, how quickly could you recover? How much does your business rely on you, the business owner? Are there tasks you should hand off to someone else? Are you making the highest and best use of your time? Systematizing your business means having peace of mind. Whenever there’s a…
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1-Minute Wednesday: Building Trust

If you are in a services industry, you are in the business of trust. And the only real way to build trust is by building deep personal relationships with your clients. So, Be Curious. Ask about their life and their business in general – show curiosity and concern for their personal well-being and the people…
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1-Minute Wednesday: Cash Flow Forecast

82% of business failures are due to poor cash flow management. The key to a solid cash flow forecast is getting accurate amounts and timelines for the cash inflows and outflows. The best way to do this is to look at your history, come up with some assumptions, then think about how the future may…
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1-MINUTE WEDNESDAY: KPIs

KPIs give you, the Business Owner, quick and impactful data about your business. Think of KPIs as gauges that are used to monitor your business’ health or tools to measure its performance.  
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