Category: Business Tips

How to Find and Fix the Biggest Leaks in Your Business

Even the most successful leaders and entrepreneurs can have holes, or leaks, in their business model or strategies. That means that there are components of their business that are being slowed down, or aren’t running as efficiently as they could be. Often, these leaks are not obvious just by the debit and credit statements of…

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The How and Why of a Great Business Plan

Too many young companies are too eager to dive in head first, without first considering where they are going and what they hope to accomplish. While enthusiasm is certainly an asset, there is also something to be said about the importance of planning and having an organized set of goals you are striving for. Business…

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7 Levels of Recurring Revenue

The most successful companies put tremendous emphasis on having recurring revenue streams. Are you looking at recurring revenue in the right way? Which type of recurring revenue drives increases your business valuation the most ? The higher the level of recurring revenue, the more predictable your revenue stream becomes. The more predictable your revenue stream, the better you…

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Are You an Assertive Communicator and Why that Matters

This article is a continuation from “Improve Decision Making by Using the Right Communication Style” where I identified the 4 ways leaders communicate when the conversations get difficult or uncomfortable. This article will help you identify whether you are an assertive communicator and help you understand why that matters! Why Assertive Communication Matters? If you are…

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Are You a Passive-Aggressive Communicator and Why that Matters

This article is a continuation from “Improve Decision Making by Using the Right Communication Style” where I identified 4 ways to communicate when discussions get difficult or uncomfortable. This article will help you identify whether you are passive-aggressive communicator and help you understand why that matters! Why Your Communication Style Matters? If you see that your meetings…

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Is Your Business Ready for 2015?

As 2014 is coming to a close, it’s time to consider “what’s your next step?” Is your business ready for 2015? This is usually answered by knowing whether you achieved your plans for 2014. When I say “plans”, I am not referring to the numbers. I am talking about the plans to elevate your business…

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Agree on Deadlines

The deadline is the most painful and underappreciated part of delegating a task. Too many leaders give people tasks without setting a deadline or asking what else they have on their “to do” list. This is a motivation killer. You must keep in mind that even though the task you are assigning is of great importance, your employees…

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Business Planning Tip – Finding Your Critical Number

You should complete your new-year business plan over the next 30 to 45 days. Unfortunately, most companies go through extensive processes to prepare comprehensive plans that do not properly focus on what really needs to be done to improve their outcomes. After reviewing hundreds of annual business plans, I have found that the key to creating an effective business plan is to ask the questions that define and address your operation’s critical number.

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