Focus On … Something

If everything is a top priority, then nothing is a priority, and nothing will get done. This is a tough lesson, but all successful business owners eventually learn it. Many startups are particularly susceptible to the idea that they can serve this market, and that market, and those people over there, and these groups over […]

Business Planning for Success

We all want a packaged solution that will solve our problems quickly, painlessly and at low cost. Need to get somewhere faster? Buy a new car. Need to lose weight? Sign up for a diet service. Need to boost business revenues? Call a consultant. I wish I could always solve my clients’ problems quickly and easily. […]

Where Do We Go From Here? Small Businesses and Coronavirus

We all need to plan for the unexpected, but we also need to change our plans when the unexpected happens. While many epidemiologists and public health experts have been warning about a possible pandemic for decades, most of us were blissfully unaware of the danger. Then came coronavirus. Hopefully it will run its course with […]

How International Conditions Can Affect Your Small Business

Most business owners read their local newspaper and keep up, at least to some extent, with national and international affairs through magazines, radio, television and the Internet. They see military battles, random violence, floods, fires, heat waves, political instability, climate change, species extinctions, regulation and deregulation, the increasing pace of automation − and then shrug […]

Selecting the Right Firm, or What Could Possibly Go Wrong?

Eventually, every business, no matter how well run, hits a rough patch. While large businesses are used to hiring consultants, and have people and processes in place to get the most out of such consulting engagements, most small business owners do not. Consider the following – fictitious, but unfortunately all too common − story about […]

Food Manufacturing Growth Stages

While some food manufacturing businesses start out as well-funded spinoffs by giant companies such as Kraft or Nestle, many others start out as tiny startups with a simple idea and very little funding. The tiny startups often struggle for years, but sometimes they grow so big so quickly they actually threaten the giants. Beyond Meat, […]

Should You Scale Your Business?

OK. So you started your own business, grew it to the point where you are now making a modest income, and you finally went on a vacation for the first time in five years. Revenue has increased for the past few years, the business is generating a small profit, and you have several employees. Are […]

Business Plan as a Living Document

The jumping off point for most entrepreneurs is writing a business plan. This is usually done to secure financing, but it is also requested by business advisers, vendors, partners and others. There are hundreds of free templates available, all of which are very similar and relatively straightforward. Keep in mind that your business is unique […]

15 Tips to Protect Your Small Business on the Internet

If you operate a business today in the United States, you have exposure to hackers, scammers, malware, phishing schemes, and much, much more. Experts estimate that 60% of small businesses that experience a major cyberattack fail within six months. That’s a pretty scary statistic. See https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html Here are a few ways to make yourself a […]

Bright Shiny Object Syndrome

Con artists long ago mastered the art of distracting their “marks” with bright shiny objects. Once they get the victim’s attention, they exploit his or her weaknesses to get what they want —- a suitcase, a wallet, a watch, or a purse. Con artists distract intentionally and purposefully, and they are extremely good at it. […]