Vendor Reliability: Why Showing Up Boosts Business Success
The Challenge of Punctuality A Missed Appointment You set an appointment with a vendor for a meeting via telephone call for 9:00 a.m. on Wednesday. At 9:24 a.m., they still haven’t called. You attempt to contact them. You have provided the number they are to call. You...
Navigating IP Risks of Stipend-Funded Interns in For-Profit Companies
Using stipend-funded MBA interns offers small businesses a cost-effective way to leverage talent, but it introduces significant IP risks, particularly when university agreements conflict with company needs.
Growth Requires Clear Vision, Defined Action, and More
The Key to Turning Opportunities into Profits Every business has an inherent opportunity to grow. No matter the industry or the stage of development, the potential for expansion and increased profitability exists. However, your challenge lies in identifying the right...
Best States to Incorporate: Compare Delaware, Nevada, Texas, and Wyoming
Choosing where to incorporate your business shapes your legal, financial, and operational future. Each state offers unique advantages and challenges, from Delaware’s legal predictability to Nevada’s low taxes.
Strategic Customer Acquisition: Organic vs. Cultivated Growth
Effective customer acquisition is the lifeblood of a new business, especially in its early stages. When customers organically discover and buy your products or services, it proves your business is viable. Early wins can mislead you. The real challenge isn’t attracting...
Organic or Cultivated Clients? Which Do You Want?
These days the term “organic” seems ubiquitous. Organic has come to mean more than the traditional dictionary definition. In this instance, I want to talk about organic growth as it relates to a natural process that is without direct intervention or influence....
Haste Makes Waste: Do It Right the First Time
Haste makes waste is a common saying. Another common saying is time is money. Time, like money, is always in short supply in organizations. Every moment is precious, so the question is: “If you don’t have time to spare, how do you have time to fix a problem when you...
Where is Your Business Located? Realist Road
Normally when I am writing about the location of your business, I am focused on the physical or virtual locations of the business. Today I want to focus on the mental or psychological location of your perspective on your business. In working with clients, the success...
Strategic Plan: Your Five-Year Roadmap to Success
Too often, the owners of many businesses of all sizes and industries don’t see the need for a strategic plan. They make critical decisions on which deals to do, what systems to put in place, and who to hire based on the current vision of the business. They focus on...
Is your Business Performance FINE?
Does your day start something like this? “How are you today?” “Fine.” This is a typical exchange that occurs for most of us daily. A variation is going to a networking event or business function and “How’s business?” “Fine.” But is your business really FINE?...
