A friend of mine is a big fan of TV police shows. She delves into every story as investigators determine motive, means and opportunity. What was the reason behind the crime? Was a weapon used? Did anyone have cause? Scientific rigor is used in ferreting out all the information, checking alibis, access and witnesses. Adhering to a strict process is critical
Who Owns Who?
“How would you like to own this business?” It wasn’t a new thought for Phil; he had managed operations for several years and now the owner wanted to sell. Phil had lots of ideas and often offered suggestions for new products that would increase sales, but the owner disagreed and nothing had been done. This was his opportunity. He said
Performance Appraisals- Stop Dragging Your Feet
90% of performance appraisal processes are inadequate. ~ Salary.com survey
Without Processes What Can You Expect?
Jim began his business as owner and only employee. With persistence and good fortune, he expanded from his kitchen table to his basement, to his garage and on to a large rented building. As his client list increased, he added employees, expanded shipping and implemented new innovations to grow his business.
5 Lessons Larry Learned About Growing Too Fast
Larry never saw it coming. He ran a nice business and made a good living. His employees appreciated their jobs and enjoyed working with him.
Planned Or Prepared?
I’m pretty lucky. I also make lots of plans: daily plans, work plans, meal plans and business plans. I’ve learned over the years though, that life doesn’t always go as planned and being lucky only gets you so far.
Okay. I Get It. I Get It.
I’m not much of a bowler; in fact, I’m tickled when I can bowl a score of 100; but I enjoy the game. I joined a local evening league recently to meet new women and to get a little exercise. Typically, bowling isn’t all that strenuous, you take three or four steps, bend down and throw the ball. With any
Ask Your Customers These Questions
Every year about this time, company leaders start planning for the upcoming year. They look at equipment and technology needs. They make educated guesses about sales. If they’re lucky, they have a backlog of orders to carry into the next year. They add that backlog to historical sales data to produce a revenue target.
Please Don’t Make Me!
My friend Susan isn’t very adventurous. In fact, when anyone suggests a trip to another country or even another state she turns them down flat. “I’m not much of a traveler,” she’ll say. The truth is, the very thought of traveling to a strange place makes her feel uncomfortable and pushes her out of her comfort zone.
No Succession Plan? It’s A Recipe For Disaster
I admit it. We didn’t have a succession plan for our business. We didn’t talk to our attorney or our CPA before we put our business on the market; we just talked to our broker who advised us to talk to our attorney and CPA. We were stupid-stupid-stupid and it cost us tens of thousands of dollars.