Jackie Nagel, Synnovatia 
For many small business entrepreneurs, particularly those in the service sector, pricing of services takes on an improvised approach. Minus some sort of structure, many entrepreneurs end up undepricing their services below market value.
Business coaching has grown in popularity, which is really no surprise. Considering the rapid pace of change across the entire landscape of our lives, we all need someone who can keep us focused, on track, and help us sort through the multiple decisions we make in a day. It’s not that we can’t do it all on our own, working with a coach just makes things move more quickly.
We live in unprecedented economic times. There is little room for a smart business to error – yours or your clients. To be the provider of choice for your clients – and capture those precious dollars – it’s crucial for you to stand out among the crowd. There is where a thorough competitive analysis helps you shine.
Get more done in less time is a well-known concept that deserves challenging! Somehow, this theory seems to suggest that “getting more done” aligns with small business performance and obtaining your goals. As an already overwhelmed entrepreneur, do you really want to get more done in less time, or do you want to get the right things done in less time?
It’s not the big things spoiling your small business growth; it’s the small, seemingly insignificant assumptions that are painfully stalling growth for many entrepreneurs. Although some assumptions play a valuable role in growing a business – like the ones you need when making financial projections – most assumptions are unwarranted.
I’ll always remember my first marathon. Although I had trained and prepared extensively, I was really quite anxious. With 25,000 runners surrounding me, my confidence – and my juices – started to flow. The starting bell rang and the quick pace instantly swept me along. Big mistake! I was moving too fast. I needed to find my pace – and run my race – if I was going to finish strong.
The biggest challenge to grow your business is the lack of focused time to tackle high-priority development projects. With a moderate of uninterrupted time, you can get to the projects that move the needle and grow your business.
Business moves quickly and when it does, you need to be ready. That’s why many small business entrepreneurs turn to a business strategist. A small business strategist gives small businesses an edge that helps them grow more quickly.