Something that is common to all business owners – you will exit at some point. Like death and taxes, exiting from your business is inevitable. So, what are your small business succession planning options? Let’s assume that you have been an owner, manager and chief bottle washer for a long time and you are ready to enjoy the fruits of what you have created. Usually there are about seven different options:
When you compare annualized stock market returns, the companies in the Fortune Best Companies to Work For list averaged nearly twice the overall return when compared to the overall market. We hope this gets your attention. What are the common actions that you can implement to become a Best Company to Work For? Here’s our list:
After attending the America’s Small Business Development Center (ASBDC) conference in Dallas a couple of weeks ago, BRIC’s Michael Salogga has returned with a ton of content for the Kiosk. So, without further ado, let’s get to it! So why is being online important? About 1/3 of all search is local and 97% of consumers search online. And 55% of small businesses DO NOT have a website. That number in Nevada is 65%. When was the last time you used the Yellow Pages? The book, not their website. This is why Google is continuing to focus on small businesses. If you want to start somewhere, www.google.com/mybusiness. Yes Google is still an 800 lb. gorilla and they are continuing to provide a variety of tools that you can use in your business, particularly if you want to be in “the cloud”
There is no doubt that being in business for yourself is a real challenge and there are a myriad of ongoing tests of your patience, your skills, your ability to manage, your family and your personal funds. As they say, “If it were easy, everyone would be doing it.” So we are hearing that the economy is turning around, unemployment is going down, the stock market is doing its thing, so why do you still feel like a cartoon hamster on the wheel – running as fast as you can but apparently getting no where? There is a poster out there that says, “The only place you will see success before work is in the dictionary.” But how do you work on the things that make the biggest impact? Let’s offer a couple of ways to help.
With nearly half the year gone, how are those goals that you set at the beginning of the year? How have your predictive powers worked? Are you where you hoped to be? Have you got there with your hair on fire, burning everything at both ends or have you been able to balance your home life with work life? What are we talking about here? It’s pretty simple. Just good, old-fashioned time management but with a twist.
Is your email inbox turning into a version of your snail mailbox with a pile of junk mail that just gets thrown away or are you really good about unsubscribing to email that no longer suits you? Do you need to instantly communicate with everyone who is your customer? Do you have a good method of nurturing your current customers and acquiring new customers? Do you find that you still have time for email but little time for social media?
From our friends at the Business Resource Innovation Center. So, here you are at the top of the mountain, looking down on the landscape of your business (it’s pretty lonely up there, isn’t it?) and you are up to your eyeballs in things to do. Suppliers, customers and employees (maybe…) are pulling at you in […]