If this year has taught us anything, it’s that the way you do business can change at the drop of a hat and as business owners we have to be prepared for whatever comes next. This is particularly true when it comes to strategic expenses such as your marketing efforts. Which is why I suggest…
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…
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…
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…
Despite your best efforts to recruit and hire the best job candidates on the market, chances are they may no longer be with you twelve months down the line. It’s just the reality of being a small business owner. Not only is this time-consuming and frustrating, but it costs you a lot of money and…
Just the other day I was thinking about a business owner that I had coached several years ago. Since he may read this column, I will call him Terrance (not his real name). Terrance owned a seasonal hospitality business in southern Utah and worked eighty plus hours a week, every year from May through October….
Do you have the answer to fix the problem? When you staff comes to you and shares a problem does the right thing to do jump immediately to mind and out your mouth? If you’re anything like the thousands of business owners my company, Maui Mastermind, has worked with over the past decade the answer to…
Effective communication is the cornerstone of successful leadership. Whether you’re leading a small team or an entire organization, your ability to convey ideas, inspire action, and build trust through communication can make or break your leadership journey. In this article, we’ll explore essential strategies for mastering leadership communication. 1. Know Your Audience Understanding your audience…
Goal setting is a fundamental practice in personal and professional development. Whether you’re an individual striving for personal growth or a business aiming to achieve success, setting clear and achievable goals is paramount. In this article, we’ll explore effective strategies for setting and achieving clear goals that can drive your personal and professional endeavors forward….
Effective leadership is built on trust, transparency, and collaboration. And one of the key aspects of fostering these qualities within your leadership team is deciding what information should be shared and what should be withheld. Striking the right balance between openness and confidentiality is crucial for a thriving and effective leadership team. In this article, we’ll explore…