Many business owners get into an industry because they have a passion for their industry, not because they love to monitor business metrics. However, tracking metrics is key to the success of any company. Documenting essential statistics, profit and loss reports, sales and revenue reports, and marketing reports may seem tedious. However, when you have…
In every business, there is a moment when things look shaky. It could be that sales are at a record low. Business may be interrupted by an “act of God” like a hurricane or global pandemic. These moments in time can make one feel very insecure. Fortunately, there are ways to build stability into your…
Implementing an effective knowledge transfer system will save your business time and money in the long term. That may sound like a bold statement, but it is true. What is Knowledge Transfer? Let’s begin this discussion with a look at what knowledge transfer is – and what it can do for your business. Many of…
After 2020, most businesses got a taste of what it was like to go remote. And, many have found that working from home is more convenient and effective than requiring staff to come into the office. Here are a few benefits to hiring remote workers: You can hire from a larger pool of workers, meaning…
As the founder and CEO of Business Success Consulting Group, Adi encounters terrific business owners, coaches, consultants, entrepreneurs, and more every day. So, it was only natural for her to create a podcast that allows her to have a deep discussion with these fascinating leaders. Systems Simplified is the result. In it, business leaders from…
Last year, many companies scrambled for online solutions for employees that were abruptly going remote. Once business leaders found the technology that seemed to work best with their business model, they refocused on their overall business goals. This makes perfect sense, but it also means that most businesses are not utilizing the technology they have…
Whether the labor market is competitive or sluggish, employee retention is much simpler than hiring and training new staff. There are many benefits to retaining good employees. One of the most significant factors is reduced cost. It’s usually much cheaper to keep the employees you already have than to hire new people. Additionally, keeping on…
“Pivot” is the one word we are all sick of hearing. All last year we heard that businesses had to pivot to stay alive. As 2021 progresses, you will have to pivot once more to fill market niches and grow your business, even as regulations change on a daily basis. Though 2020 and 2021 have…
Building your own business is every entrepreneur’s dream. Taking on such a project takes guts, gumption, organizational skills, and the ability to find the right people for the jobs that need to be filled. It’s a lot of work, but those of us who have achieved our goal and built our businesses wouldn’t trade it…
You have a productive remote workspace already set up. You may have put together your home office last year – or you may have been working remotely for the past decade. Either way, you likely have a home office set up that has been working for you. The question is, are you set up effectively…