Company Retreat

Getting Your Money's Worth out of a Company Retreat

Company retreats can cost enormous amounts of time and money. Are they worth it? Sometimes. Large-scale get-togethers can involve considerable out-of-pocket costs. And if the retreat is poorly planned or executed, participants’ wasted time…

Don't Make these Mistakes with your Life Insurance Beneficiary

Life insurance can be a powerful financial and estate planning tool, but its benefits may be reduced or even eliminated if you designate the wrong beneficiary or fail to change beneficiaries when your circumstances change. Here are common…

Better Business Decisions with Metrics

Some business owners make major decisions by relying on gut instinct. But investments made on a “hunch” often fall short of management’s expectations. Make better business decisions with metrics. In the broadest sense, you’re really…

Key Person Insurance as a Succession Safeguard

In business, and in life, among the most important ways to manage risk is through insurance. For certain types of companies — particularly start-ups and small businesses — one major threat is the sudden loss of an owner or hard-to-replace…

Taking Customer Service to the Next Level

Just about every business intends to provide exceptional customer service. And though many claim their customer service is exceptional, very few can back up that assertion. After all, once a company has established a baseline level of success…

Keeping Your Family Business in the Family

A successful family business can provide long-term financial security for you as its owner, as well as for your loved ones. To improve the chances that your company will continue to benefit your heirs after you’re gone, take steps now to keep…

Replacing a Business Vehicle

Although a vehicle’s value typically drops fairly rapidly, the tax rules limit the amount of annual depreciation that can be claimed on most cars and light trucks. Thus, when it’s time to replace a vehicle used in business, it’s not unusual…

5 Ways to Speed Up Collections

Turning receivables into cash is among the most important things a business must do. Of course, it’s easier said than done. Here are five ways to speed up collections: Streamline the billing process. You can’t collect what you don’t…
introvert

Can an Introvert be a Successful Entrepreneur?

We hate people. People we don’t know, people in big groups; we’re introverts. We appreciate the quiet, dread large networking events and consider our words carefully before we speak. We research a subject before offering an opinion, we’re…
building an organization

How Entrepreneurs Build an Organization

In Part 1 of this topic, we covered the definitions of leadership and entrepreneurial leadership, and listed qualities that business leaders share. In this post, we’ll explore how those skills help leaders to build their organization. How…