What kind of impact do you want to make with your business? What do you want your business to be known for under your leadership? What legacy do you want to leave behind after you retire? Every business owner asks themselves these questions at some point during their entrepreneurship journey. There's more to running a business than simply making money, though. You can build a legacy with your business, too. When you Read More
The 4 Stages Of Sustainable Business Growth
Business owners face new challenges on a daily basis, from major economic shifts to overnight changes in employment and intellectual property laws. To achieve sustainable business growth, business leaders must adapt their strategies and operations to prepare for these challenges before they happen. Proper planning is the secret to sustainable business growth for companies of all sizes. Understanding the four stages Read More
Top 5 Ways to Prevent Scope Creep in Your Service Agreement
Scope creep affects businesses of all sizes across industries, and it comes with a hefty cost. Did you know scope creep affects about 34% of projects, and only 62% of projects are completed within budget (Source: PMI.org)? That’s a lot of wasted time and money. There’s good news, however: You can prevent scope creep by taking a few simple steps, like strengthening your master service agreement and developing detailed Read More
Is A Trademark Right for Your Business?
For a lot of business owners, having a trademark is a surefire sign that their company has made it. And why not? It’s a symbol that a company has a unique idea that sets it apart from any other business, which often equates to higher market share in the minds of owners. But should it? Answer these initial questions to see if trademark protection is an available and worthwhile investment for your brand. What Is a Read More
Complying with CAN-SPAM
Email has been an incredible resource for businesses since its inception, and also a significant source of annoyance for many people. Faced with this conflict, Congress passed the CAN-SPAM Act, which sought to bring an end to spam emails cluttering your inbox. As you may have noticed, it wasn’t completely effective. As a business owner, however, you do have an obligation for your business to comply with the CAN-SPAM Read More
4 Elements of a Strong Contract
Operating a successful business is quite a challenge. Many business owners find it frustrating that they need to do so much beyond simply offering the products or services that they are passionate about. The reality is, however, that it is often the work outside of your main focus that can make a difference between success and failure. For example, using strong contracts in all your business dealings is critical for Read More
‘Tis the Season for Gift Giving
While supply chains are snarled around the world, possibly placing your perfect presents in peril, there’s something useful your company and its team can start doing today. It doesn’t require wrapping paper, bows, gift bags, or stockings. What is it? It’s a strategic plan for your business. The company you run or manage already has a business plan, right? If so, that’s great. What your business might not have, Read More
The Home Stretch of 2021 and What it Means For Your Company’s One-Year Plan
We know, we know—the pandemic has warped everyone’s perceptions of time, and we can’t believe it’s almost 2022, either. It seems like just yesterday we were leaving 2020 behind and, hopefully, kicking coronavirus to the curb. We achieved that with varying degrees of success. Nevertheless, this is the time of year to be thankful for what we do have. Many business owners are harvesting the bounties they planted much Read More
Boo! These Three Skeletons Might Be in Your Company’s Closet Right Now
It’s that time of year when everyone wants to get a kick out of spooky stuff and creepy crawlies. Halloween is all in good fun, but skeletons in your company’s closet are no laughing matter. There’s no escape—your company must deal with these skeletons head-on if it wants to come out the other side alive. These three skeletons are often shoved in the back of companies’ closet, collecting dust until judgment Read More
Answer These Three Questions to Take Charge of Your Company’s Organizational Structure
Small businesses often get caught flat-footed coming out of the summer. Normally a time for long vacations (and daydreaming about those long vacations), summers are hardly ever peak times for most businesses. Instead of dwelling on external factors (your non-controllables), scaling companies would do well to reevaluate management and other organizational structures as the busy fall season approaches. Managers of Read More
