Leadership
It’s Not Too Late to Spring Clean Your Business
Spring provides a great opportunity to analyze and reassess all aspects of your business to ensure better outcomes for the remainder of the fiscal year. Consider which areas need to be reined in. Not only is this a time for a hard look at your financials and internal structures, but it’s also a great time…
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5 Tips for Building a Highly Productive Team
The health and future of all business relies on productivity. Without it, you can’t reach optimal performance to remain competitive in your industry. The classic understanding of productivity in business is that each individual works hard to complete their duties—staying busy. While this isn’t wrong, productivity goes beyond hard work. It’s more about how you…
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Don’t Forget the Plan
One of my favorite quotes is that an idiot with a plan will always beat a genius with no plan. I love to make bold moves and try new things—but I always want to have a plan, even when I know that the plan has to be flexible and adapt to all the changes that…
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Are You Doing What Matters Most? Reviewing “Four Thousand Weeks”
Our most limited resource is time. We all know it. That’s why one of the most popular self-help/business genres is productivity, as people share their advice and insights for how they think you can get the most done in the least amount of time. The latest entry into this crowded field is a bit different,…
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3 Tips for Hiring in a Tight Labor Market
Is your small business one of the millions still looking for workers? According to a recent survey by the National Federation of Independent Businesses, “more than half of US small-business owners said they had open positions they could not fill in May.” A tight labor market is a tricky spot for a small business, as…
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No One Should Be Afraid to Share Ideas
Do you appreciate it when someone disagrees with you? It might be uncomfortable, but as Fran Tarkenton shares in this video, a constant stream of conversation reassures team members that their leaders are accessible and that their ideas matter. So keep your mind open to disagreement, and be willing to talk it out. You might…
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Services Are Back: Are You Ready?
One of the lasting impacts of the Covid-19 pandemic has been the way it changed consumers’ habits. Almost overnight, everyone stopped buying all kinds of things they had previously spent significant amounts of money on. Restaurants. Concerts. Spas. Movies. Hotels. Travel. Sporting events. It was an incredibly dramatic shift, at an unprecedented speed. In-person services…
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Consultant’s Corner: LP vs. LLP
Q. Is an LP the same as an LLP? If not, what are the advantages and disadvantages of each entity? LP stands for Limited Partnership, while LLP stands for Limited Liability Partnership. The two structures are very different from purpose, governance, and legal liability perspectives: Limited Partnership (LP) LPs are commonly used for long-term real…
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Making and Framing Better Decisions: The Elements of Choice
We all make countless decisions every day, both large and small. Sometimes we make these decisions in a split second, and sometimes we agonize over them for days, weeks, and even months. But how are we actually making those decisions? How much control do you believe you have over the choices you make? We like…
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Are You Paying Attention? How to Avoid Getting Blindsided
Last weekend was the 148th annual Kentucky Derby, always one of the most thrilling sporting events of the year. They don’t call it “The Most Exciting Two Minutes in Sports” for nothing! And this year’s edition exceeded even those expectations. Rich Strike was the winner of the race, the biggest longshot victor in more than…
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