Decision-making is a heavy burden for small business owners. Decision fatique is real, and when all of the weekly, monthly, and yearly decisions fall on you, it not only bogs you down and burns you out, it slows the growth of your business and creates an internal culture of reliance and dependency.
Distributed decision-making can ease the burden on you, the owner AND create a culture of independence and action towards shared goals. It all starts with Transparency and Shared Authority.
Read MoreBusiness owners don’t need the Federal Reserve to know when cash is tight and sales are slow. When the economy takes a hit, it's time to focus on what you can control to strengthen your company and recession-proof your business: Control cash flow and strengthen decisions.
Read MoreTo choose the best bank for your small business, keep in mind that not all banks are created equal — or ethically. But you can (and should!) avoid the worst banks. Start with clear priorities and our shortcuts to finding a good bank.
Read MoreYou’ve built a successful business, now it's time to build your team and grow even more profit. How could CFO services for small businesses help you hit new financial heights?
Getting access to the right kind of capital for your business at the right time is critical for business growth. Being clear about your social impact can be a magnet to attract investors who care about both social and financial success. 4 Steps to center Social impact in business finance.
Read MoreMore than 43% of cyber attacks are against small businesses. Start to protect your business with 6 cyber security tips for small business
Read MoreFor business owners, the conga line of decisions to be made never stops. Yet behavioral science tells us that humans are notoriously poor at making decisions. When we “go with our gut” we are wrong more than 50% of the time. While many of these decisions are seemingly small, many of them matter...sometimes they matter a LOT. That’s why we rely on a 7-step business decision process to streamline and anchor important decisions. Here’s how you can to.
Read MoreI’m a big fan of making plans. And since we’re approaching the end of the quarter it’s a great time for looking at what has happened in your business this quarter and re-evaluating your goals for the next 3 to 6 months. But planning will only take you so far. To turn plans into reality you have to take action. Step by step, one piece at a time, you can build the business of your dreams.
Read MoreSmall companies often get by without solid financial management or performance systems in place. But the cost is slow growth and high stress. Meet 7 types of business owners and see how business growth soars when you have systems to manage finances, make decisions and take consistent action based on strategy.
Read MoreYour quarterly review shouldn’t be a huge, burdensome process. In fact, the review process should be simple and energizing for everyone involved. It’s an opportunity to reconnect your team to your shared purpose, and make sure everyone is clear on the goals you are pursuing as a company.
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