Last week’s article extolled the virtues of budgeting…and the vital reasons why your business – and EVERY small business – should create and operate with
Smaller companies have less hierarchy, less infrastructure, and fewer staff, which means every member of the team is closer to the core tasks that drive the business; they are more accountable, and therefore more creative.
As part of his Marin Business Forum presentation, Pete Daffern, CEO of Clairmail, shared the lessons he has learned over the years about how to grow a company.
To maintain rapid growth over the long term, start with the lower rungs on the ladder and assess risks and opportunities, then expand the level of risk as you grow.
This blog entry will review the nine steps we use to actually design business systems for our clients. These steps were originally created by e-Myth, but we use a similar strategy, or system, when advising our clients:
The litmus test for each of your strategic objectives is that it has to meet each of these five criteria. If the objective fails to meet one or more of these criteria, then either assess it to determine if it is truly strategic, or revise it to make it more specific, measurable, actionable, realistic, and time bound.
Start by reviewing the numbers that show your actuals (from your P&L report), your forecast (based on where you think you can make adjustments), and the difference or variance for each line item. Now you have a working budget!
What is it that prevents small businesses from successfully implementing useful back office systems? Usually it is the business owner. Small business owners often lack the knowledge, the time, and the help they need to create useful systems and make them work to their advantage. And a lot of business owners don’t think they need systems. That’s where they are mistaken.
CB’a Brand Engine, has been working with Pacific Crest Group to help the company expand following its recent launch as a new joint venture of two established branding firms, and the opening of a Chicago satellite office. Thanks to Pacific Crest Group’s expert accounting and CFO-for-hire services, the launch of the newly formed CB’a Brand Engine has been smooth and seamless for its clients.
Many companies fail to recruit and hire with the evolution of their business in mind; you need people with different qualifications and strengths for your business depending on your growth strategy.