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Free GuideLetting bad-attitude employees hang on to their employment is one of the biggest mistakes small business owners and family business owners make. Most of us, at one point or another, have faced this issue. It becomes especially difficult when this person is a key employee. How many of us have a top performer, stellar by […]
Read moreDownturns happen to every business. Some are caused by a slowing or recessionary economy. Some are caused by customers going out of business and leaving you with large unpaid receivables. Some are simply caused by bad luck or mistakes. Rare are the businesses that have not suffered through some combination of these issues at one […]
Read moreBack in summer 1994, my father started to take serious steps toward starting his own business. It was something he had talked and dreamed about doing for years, but the leap from dreaming to doing, as many of you know, is huge. Finally, one day he had endured enough at his place of employment and […]
Read moreMany small businesses, including the traditional family business, function in that space often referred to as a “Lifestyle” business. What is a Lifestyle business? Generally described, Lifestyle is meant to describe the type of business that provides you, your family or your partners, with a manageable living income but not necessarily a business that provides […]
Read more“Feast or Famine” is a phrase that nearly every business owner has heard—and even said to others—many times. Indeed, it seems to be true and the reality, quite honestly, is that it is true. The question is why? Before I tell you my opinion as to the reason why, I want to share a quick […]
Read moreI dislike that phrase in a major way and so should you! Small business owners, family business owners, business partners—I don’t care what kind of business you own, operate or manage, this one phrase should be stricken, abolished, forsaken and, quite honestly, fire-able! It-is-what-it-is might just be the most loathed phrase in my entire universe. […]
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