As you approach the fourth quarter of the year, you might be starting to think about annual planning and your business’s year-end review. This is a great time to reflect and begin planning for 2023. Annual planning is done best when you think about the past year, learn from what you’ve done, and apply it […] Read more “Strategic Approach to Year-End Review and 2023 Annual Planning”
Category: Strategic Planning
What KPIs for sales should you be using to drive growth for your startup? To maximize productivity and efficiency, you need the right measures in place. KPIs are powerful tools to show sales teams and leadership the impact of marketing campaigns, sales staff productivity, and strategies to reach potential and existing customers. Sales teams are […] Read more “7 KPIs for Sales Growth Acceleration”
Budgets for businesses can be confusing and often seem to be limiting. Yet, every business has a goal. That goal could be growth and scaling and often involves a revenue goal. For some companies, their goal is to reach a profitability level that helps them feel secure and successful. For others, how much cash the […] Read more “How to Approach Budgets for Businesses”
What reporting KPIs do you need to grow your business? Of course, key performance indicators (KPIs) differ from one company to the next. Yet, you cannot grow your agency if you do not rely on numbers. These numbers can provide a wealth of information to you, including providing you where you are right now and […] Read more “Reporting KPIs Needed When Growing Your Agency”
Do you really need an Outsourced CFO to scale your startup? The answer is yes. You put everything into this venture. You’ve figured a lot out along the way, and all that hard work paid off. Now it’s time to scale, and scaling’s complicated. You have a lot to lose but — if you do […] Read more “How Outsourced CFOs Set Founders Up to Scale”
Should you open an LLC when you start your new business? Or should you convert your current business structure to LLC? Some business owners do whatever is easiest to get up and running. However, your business structure determines how you’ll pay taxes, what insurance you need, as well as the extent of your personal liability. […] Read more “New Business? How to Open an LLC”
Preparing to sell your business is tough work. It takes time to get it into a position where you and potential buyers can be satisfied with the results. You’ll have to straighten your finances, review your business from every angle, ensure you know what documents you need and when, and have a plan for life […] Read more “How to Prepare to Sell Your Business”
Cash flow is the lifeblood of your business. If you do not have strong cash flow, it’s impossible for your business to meet financial obligations, especially in changing conditions, leaving your business unable to weather the storm and fighting for survival. However, analyzing your numbers now, at the beginning of the New Year, and building […] Read more “How to Prioritize Cash Flow for the New Year”
You’ve used data to set your goals for 2022 and now you’re excited about the opportunity to make them happen. How are you going to do that? Take advantage of the data you have. Data helped you establish your goals in the first place and you can use data to ensure that you achieve them. […] Read more “How to Bring Your Goals to Reality with Data”
As the new year begins, businesses everywhere have one thing in mind; to reach their business goals and we have the answer; OKRs. To achieve your goals, you’ll need to stay focused and make sure the work of your team prompts high levels of impact. However, this is where the real challenge resides for most […] Read more “How to Set and Achieve Your 2022 Business Goals with OKRs”
It’s officially time to start creating your annual plan! Whether you are new to the business or a seasoned vet, you’ve likely put into practice each of the main items needed to create an annual plan. A plan starts with assessing your current state. Then it requires setting goals, creating strategies, measuring progress, and confiding […] Read more “Annual Planning Tips for Entrepreneurs”
Tax savings is a goal of every small business owner. However, 93% of business owners will overpay on their taxes, each year. Small business owners have multiple options to save on taxes, as long as they know where to find them. Below are just a few simple tips that can help you to maximize these […] Read more “Top 5 Tax Savings Tips for Profitable Business Owners”