There are many reasons - valid and invalid - for caution that many of us as small business owners experience. Granted, a measured amount of caution is useful. It triggers due diligence to better manage risk and make better decisions. An overabundance of caution, on the other hand, is liable to choke your business growth
Nothing is more frustrating than working 'round the clock and not generating an output equal to the input in your business. Granted, it's common to invest on the front end of your business but, eventually, you want a return. You want to see the business grow.
A delicate balance exists between running your business on a day-to-day basis and strategizing for tomorrow. The good news is that small business entrepreneurs do spend a generous amount of time thinking about their future. The bad news is that it’s done on-the-fly and on-the-run (or in-the-shower).
In spite of scientific research and hard data to back the importance of goal setting, few business owners actually track goals. In fact, more than 80 percent of the 300 small business owners surveyed for the Staples National Small Business Survey said that they don't keep track of their business goals. Yikes!Read More
Like any small business owner, you accepted the challenge of business ownership. Bravo! You knew you were in for a wild ride, but little did you know how your decisions could drive or derail your goals.Read More