Starting a new business can be very exciting, and for many people it is a lifetime dream. Unfortunately, it can also be daunting, time consuming, expensive and a very risky endeavor. The reality is that 20% of all businesses fail within their first year, and 50%...
Taking a step back and allowing your business to run itself can be a big challenge, especially if you’re used to making all of your company’s decisions and solving all of its problems. In the first two parts of our “Getting Your Business to Run Without You” series, we...
Most entrepreneurs who start their own business or purchase one, do so with the full intention of having more freedom and independence. Unfortunately, many of these business owners get too caught up in the daily grind and trying to be involved in every aspect of their...
When a business is running smoothly, it can be incredibly satisfying. Not only is it profitable, but you can choose your own hours, who you do business with and the direction of your career. On the other hand, if it’s not running smoothly, you can find yourself at the...
Running a business can be difficult enough, without also having to track and prioritize your company’s financial metrics. While you may have a CPA or a bookkeeper tracking these things, it is important to understand which metrics are the most important, so you have a...
