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Business Advice from our Fathers

Business Advice from our Fathers

With Father’s Day approaching fast, we look back to honor the business advice and guidance our Fathers gave us. Benjamin Franklin is considered the father of American Business and a great business visionary. In “Ben Franklin’s 12 Rules of Management: The Founding Father of American Business Solves Your Toughest Problems” he outlines his management philosophy. Below are excerpts from his work that we think business owners still follow today.

Fatherly Business Advice

1 Create your own set of values to guide your actions.
Values are at the heart of any business. Without a clear understanding of its values, the business can easily go astray. Franklin felt “that inner beliefs guide external actions.”

2 Incentive is everything.
Ben Franklin wrote “Link effort to performance, performance to rewards, rewards to values.”

3 Embrace experimentation and change.
To increase his competitive advantage in the printing industry, Mr. Franklin embraced new ideas, technology and change. His famous kite flying experiment was believed to be done to discover alternative power sources for automating the printing presses in his business.

Fatherly Business Guidance

Pacific Crest Group (PCG) celebrates the wisdom of Father’s all over the world. Some of our Father’s greatest gifts are perspective and observation. These are key ingredients to running a successful business as evidenced by the PCG case study titled “IT Consulting Firm Turned Profitable for Employees and Owner.” Pacific Crest Group provided recommendations and guidance that created strong leaders throughout their management team. As an incentive for performance, employees were offered to share in company profits.

The Pacific Crest Group provides professional services that keep your business focused on your critical objectives. We create custom made financial and Human Resource (HR) systems based on creative strategies that are always delivered with exemplary customer service. A PCG professional is happy to meet with you to discuss solutions for your unique requirements designed specifically to maximize all of your business opportunities.

About PCG Accounting Services:
Pacific Crest Group helps small and mid-sized businesses throughout the San Francisco Bay Area change their bookkeeping and accounting from a hassle to a strategic resource. We bridge the gap between your books and your business, so that you can intelligently manage your company.
Learn more about our accounting services!

About PCG HR Services:
We’re the most trusted company when it comes to outsourcing your HR functions. Whether it’s creating onboarding materials and employee development programs, or dealing with toxic employees, we ensure that your business is set up for short and long-term growth.
Learn more about our HR services!

If you have any questions about how Pacific Crest Group can help make 2015 a success for your business, drop us a line or call us at 415-461-2586!

Until next month, we wish you the very best and much success in your business.

Note that Pacific Crest Group offers employee development, human resources, recruiting services, accounting and IT services


Archives:

2015
Forecasting for Success
Asset Based Lending Can Fuel Your Next Business Expansion
Income from Virtual Currency is Taxable
Successful Time Management Requires Discipline
Entrepreneurs’ Freedom Quest

2014 Newsletters

2013 Newsletters

2012 Newsletters

2011 Newsletters


This newsletter is intended to provide generalized information that is appropriate in certain situations. It is not intended or written to be used, and it cannot be used by the recipient, for the purpose of avoiding federal tax penalties that may be imposed on any taxpayer. The contents of this newsletter should not be acted upon without specific professional guidance. Please call us if you have questions.

Copyright 2015, Pacific Crest Group, All rights reserved.

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