2021 has been another unique and tough year. The pandemic’s challenges and opportunities have caused many of us to reconsider our professional and personal priorities as well as our lifestyle. In the last couple of years, millions of people switched industries and careers, discovered the joys of spending more time with family, or retired. Business owners are no different. Whether …
The Common Element Among Unique and Successful Businesses
Successful business owners may face a conundrum as they pursue success. “Though my competitors do something similar, they don’t do it the way I do it. So, how do I know the right way to achieve success, especially if I don’t do things their way?” It’s a bit of a paradox: How can you build and enhance your company’s unique …
The Virtuous Circle of Improving Cash Flow
If cash is king, then cash flow is the kingmaker. Cash flow can have a multiplier effect in terms of achieving your planning goals for a successful future. Often, increasing cash flow requires strong performances from key employees. Let’s look at how properly motivating your key employees could cause a cascading effect that creates a virtuous circle of increasing cash …