Is your business fishing in the right pond with the right bait?

Why are you in the business you’re in?

Is your business fishing in the right pond with the right bait?My sister Catherine loves fishing and, to be honest, she’s much better at it than I am. Catherine could catch 10 fish to my one because she knows what she’s doing. Before you even go fishing, you need to know why you’re going. Typically, people go fishing because they love fish and like spending time…

Three tips to get better results from your team this year

Setting goals gives us something to motivate and rally our team around

Three tips to get better results from your team this yearIf you’re burned out at the thought of another daunting year and trying to plan, you’re not alone. Trying to figure out what will happen and how it will affect your organization seems like a crapshoot. Yet many leaders who recognize that they need to change still fail to understand how to make the necessary…

These strategies will help make your business profitable

Could improve your performance by 10 per cent and double your profits

These strategies will help make your business profitableImagine slaving away for years in your own business only to find out that it isn’t worth anything. I regularly meet with business owners who ask me how much their business is worth and I have to tell them the disappointing news that it’s actually worth very little. The reason their business isn’t worth anything…

New Year’s resolutions are out, naming the year is in

Naming the year inspires and motivates; a new year's resolution often ends in frustration

New Year’s resolutions are out, naming the year is inAs a child, I remember my parents and their friends gathering on New Year’s Eve and talking about their resolutions for the next year. Some of those resolutions might have been: quit smoking; plant a bigger garden; get the kids to school on time; drink more beer and less hard liquor; have a bigger pile…

What your Christmas tree says about your leadership style

Are you a dominant or conscientious or steady leader, or an influencer?

What your Christmas tree says about your leadership styleThanks to the women’s suffrage movement and their demands for equal work for women, I was at home last week while Margaret was slaving away at the university. Because she’s only in her 11th year at the university, she has to work until Christmas Eve. To make matters worse, Margaret was worried – as she…

What you need to know if you’re selling your business

You need to increase profitability, get the business to run without you, start planning and be creative

What you need to know if you’re selling your businessForty-one per cent of businesses in North America are owned by baby boomers between 55 and 75 years old. These people are actively thinking about retirement and how they will get their money out of the business. Research shows that, in many cases, up to 90 per cent of a business owners’ equity is tied…

Why strategic planning fails and how to make yours succeed

Put as much effort into the implementation as you did into the imagination

Why strategic planning fails and how to make yours succeedImagine spending days in a room with people you may not care to know that well and finding out later it was all a waste of time because the plan you decided upon is never implemented. This happens after many strategic planning sessions. Plans work when they engage your staff and create a framework that…

Five easy ways to increase your sales that don’t cost much money

Focus on existing customers, reach past customers, increase prices, work on conversion rates and change

Five easy ways to increase your sales that don’t cost much moneyJames sat down with us and put his head in his hands. As one of our partners noted later, he seemed like the weight of the world was on his shoulders. His company was doing millions of dollars in business but was struggling to stay open. James said he needed to come up with some…
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