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Category Archives: Small business problems

There is No Magic Pill for Small Business Success

If we could just invent a magic pill that business owners could take to solve all their problems – our business problems would be solved too! And a lot of times, we come across business owners looking to us to provide the magic pill. While you might think they would be good clients, actually they are not. It never works unless the business owne... Continue reading

Shareholders Agreement – Advice

A good shareholders agreement is one you hope you never have to use. Any corporation with more than one shareholder should have one in place, but not many actually do. The corporate law firm should prepare the final document, but there are 4 major issues the shareholders can iron out themselves before they start paying lawyers fees: Disability –... Continue reading

Business Life Without Lawyers

When I dream of the perfect business world – there are no lawyers! It seems to me that most of the time they are either picking fights or escalating disputes. Did you know there is a very strong correlation between lawyers and negative, pessimistic people? I wonder if the profession makes them pessimistic or they become pessimistic due to their ... Continue reading

Implementing Change in Business – Understanding the J Curve

Working with business owners, we observe many businesses seeking change and implementing an action plan, then terminating the plan early on in the effort. The reason these businesses striving for change abandon their plan is: the plan didn’t work. The reality is that the plan didn’t work YET. If you could use a horizontal line to demonstrate ... Continue reading

Going Golfing Guilt of Business Owners

One of the quality of life improvements we support at our firm is the ability to take a regular afternoon off to play golf.  This is a therapeutic and productive way to relax and re – energize for a business owner. It can also be a productive business development outing. The problem is that this outing can bring a feeling of guilt. This guilty ... Continue reading

Solving Business Problems – Simple Advice

Whenever you come across a business problem, the next step is to solve the problem, right? Actually not quite - first you need to ask the question: “Is the problem really the problem?” An effort to find a quick solution to what looks like the problem, may be a complete waste of time if the problem is not really the problem. Example:... Continue reading

Is it Time to End Your Small Business?

Are you like the frog in the pot of boiling water? It is a known scientific fact that if you take a pot of water and bring it to a boil and then take a frog and drop it in – guess what happens? It jumps right out. Surprised? I didn’t think so. It is another known scientific fact that if you take a frog and put it in a pot of water at room t... Continue reading