Time management is essential for every business owner. Accomplishing more in a shorter period of time allows you to take advantage of more revenue opportunities, which has a direct impact on your bottom line. Prioritize Three Tasks Every Day Choose every day the three most important things you must absolutely get done and focus on…
Running a small business is rewarding, but it can also be very challenging. Do these three simple things to prepare for change, improve your current situation, and make sure to keep your small business running smoothly no matter what. Monitor Trends Make a conscious effort to stay current on changes in your industry. The pace…
Delegation is an essential skill that some small business owners may find hard to master. If you’ve built your business up from scratch you may be used to doing most of the work. But you’ll reach a point where delegating becomes necessary in order to increase your impact and maintain a reasonable work-life balance. From…
Under the current, unprecedented circumstances being efficient is more important than ever for small businesses. Being efficient means getting more done in less time. Time is money: If you have more time, you can do more business, increasing your revenue. The following four strategies are simple changes you can make today to make your small…
Increasing Cash Flow Cash flow is not only the driving factor that determines a company’s success, it is also required to pay your employees, pay the bills, and fill the inventory shelves. Nevertheless, a company can suffer a cash flow gap that can put its daily operations under serious damage. The problem with bank lenders…
