Category Business Tips

Mistakes Businesses Keep Making

Does anyone run their own business or play a pivotal role in one without wanting it to be awesomely successful …. Profitable, enjoyable, meaningful, great place to work, sensible hours, not overly stressful? Surely we all have those goals, in…

Takeouts From Meetings

Businesses hold too many meetings that achieve very little! Below is a powerful, yet simple way to stop that happening. At the end of every meeting, ask this question of everyone, around the room: What are you taking away from…

When It’s Working Change It!

There is merit, if not necessity, in changing things that are working ! Years ago that would have been considered a nonsense. “If it ain’t broke, don’t fix it” it was said. But it is now a logical, provable contention…

What Could Uber Your Business

Uber, Airbnb, Skype, Alibaba, Facebook, Netflix, Apple, Google …. all changed the ‘game’ and are all well known for how they went about it. They changed the game by changing the rules pre existing businesses were playing by. They paid…

Stop the Industry Speak

Using industry speak is a real trap for a business for two reasons. It can cause it to lose the feel of what it is really about and, worse, it can negatively affect the connection with the customer. Both of…

Good to Great in Business

Taking a business from Good to Great is difficult … but staying there can be even more difficult. Clarity and alignment of stakeholders’ goals is critical for sustained success. The objectives of equity holders, (key) internal personnel and customers must…

What’s a Business Really Worth

The answer is ‘what someone’s prepared to pay for it’ and that is only known when it’s actually tested. It’s no different to the value of a house. Business owners too often delude themselves by what they think their business…

When To Recruit

Most businesses recruit on only one of two other occasions: when someone leaves or when the business is growing and there is a need for another resource. This approach means that the opportunity to improve the overall quality of the…

Financial Mistakes Businesses Make

Privately owned businesses are not renowned for their astute financial management … and that is really quite absurd given that it is one of the fundamental reasons for being in business in the first place. To be complete it should…