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Tag Archives: small business advice

Help Your Accountant Help You – 3 Tips

Here are 3 tips to improve your relationship with your accountant for your business: 1)     Don’t wait for them to call you about a planning meeting. In a perfect world every accounting firm has unlimited time and energy to be proactive and think about your business and it’s future. In the real world, a lot of firms end up being reactive ... Continue reading

Business Tip – The Power of a Good Purge

For most of us it feels pretty good to do a 'purge' in our business lives. For example, it is a commonly known fact that a clean desk can result in a more productive workspace.  However, there are two main types of purging: 1)     The 'Chip Away At It' purge – This type of purge has some benefits but it is only a partial purge. For example: ... Continue reading

A Focused Approach to Business

We have many new ideas and products in development at The Business Therapist® and this week we are taking our own advice – focus on one thing and make it happen! We have a book in development on family business dynamics and another book about small business strategies for taking on big box competitors. We are also exploring platforms for digit... Continue reading

Reality Distortion Field Needed for Small Business Success

Steve Jobs was known to possess and use what was described as a ‘reality distortion field’.  It was a magical and charismatic power he had to take the current impossible situation of his development team and distort reality so it would become possible. While it seemed magical due to the quantum of the accomplishments at Apple, our research at... Continue reading

When Less Money is More Money

Here’s a sad story about trying to get more money when the end resulted in far less money: A business was owned by two friends. The relationship soured and as a business advisor, I was attempting to facilitate an agreement for one partner to stay and the other to exit. The most probable buyer offered over half a million dollars. The other partne... Continue reading

Billing by the Hour

This blog is to poke a little fun at the traditional concept of billing by the hour. I apologize in advance for grief it may cause for hard-working professionals. Is the productivity of every hour the same? Is the 8 hours of work the day before a two week vacation the same as 8 hours of work the day after a great Super Bowl party? Are the first ... Continue reading

What Type of Startup are You?

There are two radically different types of startups. One type tends to have the following attributes: -          The type of business and business model exists and the startup is looking to implement it. Opening a retail store or a restaurant is an example. Buying a dump truck and a backhoe and finding customers to hire them out to is ano... Continue reading

Time and Energy Management Tip – Learn to Say NO

Want more time in your business day? Have you spread yourself too thin? Is it because you agreed to a task that you should have said “NO” to? Being too nice Time pressure increases for those who are too nice to say “no”. The problem with this symptom is that everyone around you tends to learn this information. They will ask you to do tas... Continue reading

5 Tips for Successful New Year’s Resolutions

It is the time of year we make New Year’s resolutions or goals for 2013. Here are some tips to increase the probability that you will achieve your goal: 1)     Focus on only one goal at a time - Pick the most important one. It's OK to pick an easy but important goal. When you accomplish it, you will want to keep going on to the next goal. 2)... Continue reading

Business Meeting Tip

Why do some business owners hold up a meeting waiting for the latecomers? When you think about it, you are punishing those who arrived on time and rewarding the ones who come late. My suggestion is: Don’t wait for those who are late. Implementation of this philosophy makes for more efficient meetings, increases the respect of those that arri... Continue reading