Unless you are a solopreneur (one man band), you will be in a position to steer your small business, and manage employees. If you mess this up, you are likely to fail.
It’s essential to look not only at your customers, but how well you prepare your staff to function in their jobs. This involves communicating values, coaching and training, making job roles clear, inspiring and a lot more.
In this section, that’s what we will look at.
There are really THREE stages of business growth for small businesses (defined as having less than 100 employees). The first is the solo entrepreneur who starts the business and operates it as the sole person in the business, perhaps sometimes assisted by external resources (family…
We view the world through a range of prisms and distorting “googles”. All of us. In turn we make decisions everyday that affect our lives and small businesses. However we all suffer from cognitive biases that can throw our decision-making off due to reality distortion…
Today, customers have way more choices at hand, whether in terms of technology, restaurant items and other food services, or automobiles. With that huge explosion of choice comes the challenge of making informed decisions, and customers usually lack the information needed to make purchases that…
Q: Robert, you’ve just semi-retired after twenty five years running Bacal & Associates as a solo business. Was there ever a point where you wanted to grow your business into something a lot bigger, with employees, and the trappings? Robert: Well, yes and no. Unlike…
The decision to hire that very first employee needs to be carefully considered, not only because there are legal requirements that kick in when you hire employees, but also because having employees means having to enhance your own people and task management skills. It’s simply…
One of the advantages small business have over larger companies is the ability to change direction, or expand directions “on a dime”. If you aren’t making changes, you are going to get buried by competitors you should be able to compete against using this innate…
One of the biggest challenges small business owners face occurs once they have hired their first employees. There’s a strong tendency to avoid letting go of the reigns, and empowering those employees to do their jobs. Micromanaging is often the result, where the owner/boss feels…
Recent Comments