Find Your Company’s Sweet Spot

How do you find the best places to focus your company’s limited time, attention, and money? Simple – go for the “Sweet Spot.” Here’s how. Every business has a “Limiting Factor” (capital L; capital F). Your company’s Limiting Factor is the single biggest constraint currently limiting your growth. It’s the one ingredient that, if only…

3 Ways to Improve Your Margins and Stretch Your Budget

Small-business owners across the country have sought out emergency loans or funding to help cover their expenses during the Covid-19 crisis. Many businesses have received their funds, and may be wondering how best to use their existing funds and credit lines to stretch them further. If you missed out on the Paycheck Protection Program funding, you…

Why the Average Business Fraud Scheme Lasts 16 Months

Fifty percent of all fraud attempts were due to poor internal systems and controls, according to the Association of Fraud Examiners 2018 report. And the findings went on to conclude that most fraud schemes lasted a median duration of sixteen months. Which means the majority of those stealing from their employers had been with the company…

Most Business Owners Spend 45 Hours Hiring Each New Employee. Here’s How to Cut That Number in Half

As the end of the year quickly approaches, a lot of our business coaching clients are busy planning for the new year. They are looking at their systems and controls, their strategic depth and their talent bench to see where they need to make adjustments for the new year. And like many of you reading…