No Team, No Vacation (Topic 3 of 4)

Category: Info

Exiting Your Business is Like Running a Train with No Conductor

Exiting Your Business is Like Running a Train with No Conductor Train tracks at sunset

As a business owner, we are the conductor of our small business. The train runs because we tell it what has to happen and when. But, when we want to stop being the conductor, for most small business, this means the train will not run any longer. If we want to get off the train […]

Business Lessons Visiting Dealerships

Business Lessons Visiting Dealerships

A friend recently shared a story of how he and his business partner tried to purchase several cars for their business but no one would service them because they were dressed in t-shirts and jeans. That was “the 90s”. In 2013, I experienced a similar sales problem. I went into several car dealership, wearing a […]

Can’t find good help? Why your people don’t step up.

Can’t find good help? Why your people don’t step up. mascot in a large crowd

Let me start with a story: I have had several clients, whom are small business owners, tell me they cannot find good help. The owner hires people they expect to do well and then have to fire them within a few months, or less. They have a huge challenge getting the people they hire to […]

Invest To Create a Successful Business

Invest To Create a Successful Business Meerkat watching for change - Vigiliant

Of course you are going to invest in your business. You started with your time, researching, following up on opportunities, and paying for all the items you needed to get started. As Arlene Dickinson commented, “you’re going to need twice as much cash, twice as many hours in the day as there are, and twice […]

5 Mistakes Even Successful Small Business Owners Have Made

5 Mistakes Even Successful Small Business Owners Have Made 5 mistakes

If you have been in business for a few years, you will have made these mistakes at some point. When we build our business, grow our business, or implement any significant change, we are vulnerable to missing, avoiding, and neglecting steps we should have taken. Here are 5 common mistakes you do not want to […]

The Succession Plan – What’s Involved? (Topic 4 of 4)

The Succession Plan – What’s Involved? (Topic 4 of 4) Puzzle with piece missing

This is the fourth and final topic in this short series covering the problems I see owners have when trying to prepare their business for exit. There are many steps that can be involved in a succession plan and it will vary depending on the business’s needs. Let’s look at 3 areas in detail: Evaluate, […]