Yesterday I met with someone who was interested in business coaching. When I started to talk to her about her business and to ask her what she wanted to achieve it was clear that although she had set some business growth targets there was no real clarity behind “Why” she wanted to achieve this. Rather […]
A lot of books have been dedicated to the subject of debt and money. It seems simple enough: don’t spend more than you make. As you know, this is not what reality actually entails. Sometimes it’s the person’s fault: they wanted that new, shiny car, or maybe they felt like going on a shopping spree. […]
My experience tells me that a very small percentage of company presidents, managers and supervisors truly inspire their staff. They might build solid teams, set clear expectations and reach most of their goals, but they fail to inspire their people to reach and become better. But if you’re building effective teams and getting adequate results, […]
SWOT analyses tend to result in a two by two Johari window type document with strengths and weaknesses at the top and opportunities and threats at the bottom of the table. The benefit of doing these in this way is limited to being an audit exercise as no flow occurs from one element to the […]
Wise people learn from their mistakes. Exceptionally wise people learn from other people’s mistakes. And these mistakes can appear on paper in the form of dollars. Your franchise will definitely come with manuals and training programs. However, as a newbie franchisee, you will tend to make choices without consultation that would make sense to you, […]
We’ve all heard the saying, “If you fail to plan, you fail to plan.” But how many of us really take it seriously? Do we even understand what planning is, why we should do it and what the value would be? In my experience, until we understand the WIIFM (What’s In It For Me) we […]
The simple truth is that most entrepreneurs are not that interested in managing people. They started businesses because they had a good business idea, and that’s where they want to spend their time. Of course, another truth is that no business will be sustainable if its people are not well managed. The good news for […]
A couple of clients this month have been talking to me about how to complete a SWOT analysis (strength, weakness, opportunity, threat). On both occasions I had to tell them that, in my view the biggest problem with this analysis was the acronym it has been given because it is easy to say. So, what did […]
The most difficult decision a potential franchisee is faced with is to choose the right franchise for themselves. Considering there were 90,000 franchises reported in 2010, it gets increasingly overwhelming to filter and comb through a huge number to arrive at an appropriate brand. This is where franchise consultants and franchise brokers come into play. […]
Selecting the right people is just the beginning of building a successful team for your business. However, you cannot simply expect that your team alone will transform your business and take it to its next level of performance. It is equally important to have the following 6 keys to a winning team: 1. Strong Leadership Tom Landry, […]
When I hit the three year mark in my own business, I did what many business owners and entrepreneurs do, I hit a wall. No matter what I did, I couldn’t seem to find my way around it, over it, or through it. It wasn’t my sales or marketing skills, it wasn’t the delivery of […]
Often times in the workplace, employees strive not just to be heard — but to find purpose in their efforts. Small business owners, managers, and those in leadership roles are faced with the challenge of making their team feel more secure. It can be easy to lose yourself in day-to-day tasks and meetings, but it’s […]
Cash flow improvement has been made a mystery over time, and has become elusive for many business owners. However, there are just 6 Keys to improving your cash flow in any business. This means you only need to focus on 6 areas of your business to make a massive improvement. So what are these 6 […]
You can hire people, you can fire people, and you can tell them what to do. What you can’t do is make them like what they do. Some business leaders are content with having an unhappy team; as long as they do what they are paid to do then the state of their mental health […]
Cash flow improvement has been made a mystery over time, and has become elusive for many business owners. However, there are just 6 Keys to improving your cash flow in any business. This means you only need to focus on 6 areas of your business to make a massive improvement. So what are these 6 […]
A common misconception with a lot of people is that business transactions are simple affairs: customers express interest in something, they buy, and then they leave. This is a vast oversimplification of what is actually at work. Business majors and entrepreneurs have spent decades plotting out and exploiting every step of a customer’s buying process […]
So you have narrowed down your options and you are ready to buy a franchise…. Now it’s time to dig deeper and be more specific before you point your finger on any one of the potential franchise opportunities. Conduct meetings with franchisors if need be. We have already discussed the necessary questions that you should […]
Often times in the workplace, employees strive not just to be heard — but to find purpose in their efforts. Small business owners, managers, and those in leadership roles are faced with the challenge of making their team feel more secure. It can be easy to lose yourself in day-to-day tasks and meetings, but it’s […]
ActionCOACH Florida/Georgia | 2020 All Rights Reserved. Corporate Lite theme by Flythemes
