Three trends in business to have on your mind.
SBA lending activity in FY 2013 tops $29 billion.
Dave Clarke’s vision for the Industrial Fabrics Association International starts with strengthening its market-specific groups–known as divisions.
Is this the way to do health insurance?
Parties, gifts, happy workers and tax deductions.
Darren Arthur runs his marine canvas shop and he’s about to venture into automation.
Alex Kouzmanoff translates customer service into customer satisfaction—by listening.
Planning and solid decision-making will help protect assets for the future.
A long-term family business embraces new methods to set the stage for future growth.
Andrea Lampson and her husband Mark join with employees to retool a struggling business into a solid and vibrant enterprise.
Every uncollected debt will cost you money, but many business debts can be claimed as tax deductions—if you’re careful.
Dave Elliot distinguishes his business from the competition by slowing down and keeping strict standards.
Manufacturers find that efficient production flows from not being locked into a single equipment configuration.
Chinese court rules against Shanghai Colva Dyestuff Industry Co., ordered to stop patent infringement.
Large purchases have become easier and less expensive thanks to new tax breaks and financing options.
Is your business growing and giving you the results you want? Or are you stuck and can't seem to get moving? Here are five simple steps to get your business unstuck.
1. Re-focus on what you want. Remember your original dream-the one that includes owning a prosperous company that is organized, profitable, has lots of great customers, is run by your empowered managers, and gives you freedom and time to enjoy your life.
2. Realize you are a business builder. You will never reach your goals if you don't grow yourself. To grow, you've got to let go, delegate, and do what you do best: sell. You must invest time to build relationships with loyal customers plus find new ones.
3. Replace yourself with systems. In order to delegate, you need systems and procedures in place that don't rely on you directing every decision. Put your standards on paper and train your people to follow them.
4. Hire the best. Now that you know where you're going and have systems in place, you can start building a strong management team prepared to take your company to the next level.
5. Enjoy the ride. With your company organized and growing, you can now focus on creating more opportunities for your business to prosper and grow.
From George Hedley's latest book "Get Your Business to Work!" As a business coach, Hedley helps entrepreneurs and business owners build profitable companies.