The most important aspect of the Paycheck Protection Program is a borrower’s ability to have their loan forgiven if they meet certain criteria. Under the CARES Act, which created the PPP, one of those criterion was that, during their loan coverage period, the borrower had to maintain the same workforce levels they had prior to…
Hiring a solid sales team can be a challenge for any business owner, especially one who doesn’t feel particularly confident with sales themselves. Over the past 25 years, I have spoken with thousands of business owners who struggle with hiring and keeping a sales pillar running smoothly. So I wanted to share my top five…
Do you ever wish that there was a magic number that would give you an insider view on your profitability? Do you wish that there was an easier way to take the pulse of your business’s financial health? Do you wish that there was one financial metric that you could use to help determine if…
“I would love to scale my business, David. But I am really struggling with cash flow issues right now.” I hear this every single day from small to medium business owners. They have a great product and a loyal customer base, yet they still can’t seem to make ends meet and cash flow is always…
I recently shared the idea of the business coaching concept of the six hats from the Late Dr. de Bono with our readership and I wanted to go into more detail about the hat that is going to change the way you look at your business. This creative hat will help you find new and innovative ways to serve your customer…
I’ve been an entrepreneur for 25 years, and the majority of that time I’ve hired just like most people do: When I had an opening, I’d write an ad, sort through résumés, and hire the best candidate I could find. Is it any wonder that the stats on bad hires are so shocking? According to a survey…
Over the last 25 years, I have helped thousands of business owners grow and scale their businesses. I have had the privilege of helping business coaching clients increase their revenue in a short period of time by teaching them how to create systems and controls and making smarter business choices. Unfortunately, for many business owners…
Over the past few weeks I have been sharing the business coaching concept of the six hats from the Late Dr. de Bono with our readership. Today, I wanted to focus in on the blue hat, which has to do with organization and planning. This particular hat is one that I wear on every team…
I recently shared the idea of the business coaching concept of the six hats from the Late Dr. de Bono with our readership and I wanted to go into more detail about one of my favorite hats: the yellow hat. This hat is the one that the majority of business owners struggle to wear, and…
I recently shared the idea of the business coaching concept of the six hats from the Late Dr. de Bono with our readership and I wanted to go into more detail about the third hat in the series: The Black Hat. This hat is often one that doesn’t go over very well in meetings. It’s…