A number of years ago a new client responded to my question “can I see last year’s financials?” by handing me the check register for his business checking account. Ignoring some other issues (many?), this is indicative, to me, of a
Those of you that know me, or have been following my Business Execution blog, know that I am a big proponent of planning – both strategic and tactical. So, how can I now be advising you to make your decisions quickly?
Yes, I admit it … but probably not in the way you are currently thinking. The Square in my title is the credit card reader/application/service that I use for taking credit card payments – so maybe the title should be
Last week I talked about the new JOBS Act making “equity-based crowd funding” legal; and how I believe it is a good thing for startup funding. So this week I thought I would talk about a potential pitfall for the
Politicians and the media like to spout what seems to be conventional wisdom that “small business is the engine of the US economy” and that these businesses create the most jobs. But is that so? One of the criteria describing
This week I talked with an entrepreneur (no names; no pack drill!) who isn’t happy with the speed with which their business is progressing (come to think of it I’m not sure I’ve ever met an entrepreneur who was happy
I usually cringe when I hear an entrepreneur or small business owner talking about writing (or worse, being told to write) a business plan. The reason I cringe is that, too often, what people mean by “business plan” is some
Today is Thanksgiving here in the U.S. Traditionally, it is the start of the year-end holiday season which lasts through the New Year. Many business owners (not those in retail!) see this as a slower time of the year with
Last month my blog was partly inspired by reading Carol Roth’s The Entrepreneur Equation. This month I’ve been reading Peter Drucker’s Innovation and Entrepreneurship (1985) and Scott Shane’s The Illusions of Entrepreneurship (2008). I must admit that this thematic reading
For most business owners the answer is usually “not enough”. You often hear business owners talk about whether they are spending time “working in their business” or “working on their business”.