1. Track Expenses Using a Budget. Budgets are about planning and tracking spending -you need financial information to make business decisions. Track business expenses by month or by quarter. Ideally, you should have a twelve month budget, but at the very least, make a three-month budget. 2. Eliminate Unnecessary Expenses. Club memberships or services with […]
June is a Great Time to Restart the Clock on Your Goals!
June 1st means there is still six months left to accomplish your goals for the year. Tip #1: Re-commit to your Top 3 goals We all have some goals for the year that we have still not accomplished. Make a new list of your goals, and get down the business of getting them done. Be honest, take […]
How to Power up Your Business Plan
From time to time as Smallbizlady, I conduct interviews with small business experts that could benefit my audience. This is excepts from my #smallbizchat interview with Ellen St. George-Godfrey, a top expert in business planning. Elli coaches entrepreneurs who want to develop their “behind the business” skills by using the three keys of ability, success, and growth. This is an […]
Is Your Linkedin Profile Lame?
Here are some tips to maximizing your Linkedin Profile 1. Complete your profile 100% It not enough to add the basic data about who you are and what you do. In order to get 100%, at least add three recommendations, two past job positions, and a list of your specialties. Also, consider adding a detailed […]
Do You Qualify Your Customers?
As an entrepreneur your time is the most valuable thing you can give anyone. Every business owner is a salesperson, and when you are starting out you have a certain amount of time to qualify new opportunities. The best salespeople only spend time with companies that are ready to buy or can explain a pain […]
What Business Should I Start?
As a small business coach, not a week goes by that someone doesn’t say, “I need your help, I know I am meant to start a business, but I don’t know what kind of business I should start”. Now, I specialize in helping people map out a plan once they decide to start a business, […]
Managing Stress In Your Business
If you tell yourself that you are going to have a good day, it is far more likely to happen. That said, all of us all too often have days when we feel like a one-armed wall paper hanger; there are never enough hours in the day. The key to managing our daily task list […]
How to Recession Proof Your Business!
Are you tired of hearing about the slowing economy? Fewer openings, more layoffs and everyone wants more for less, while the expenses keep creeping up. Banks are getting tough with their lending practices. Times are tight, but this is a perfect time for an aggressive small business. Get smart about your marketing and business operations […]
4 P’s of Small Business Success
Most of us do not enjoy the feeling of rushing from one thing to the next. Starting a business can make you feel that way, particularly if you did not take enough time to plan from the beginning. It does feel chaotic at times. You might need to deal with customer requests, follow-up from networking events, there’s […]
Newsflash–Nobody Cares About Your Business!
This may seem harsh, but if you do not take the time to build and maintain relationships with your customers your direct mail, emails, brochures, and that voicemail you left at 4pm on Friday is all headed for file zero or the delete button. All your customers care about is WIIFM or What’s in it […]