Management

Managing and running a small business is hard! Get the tools, help and advice to make manage your business and your people easier. Browse through our collection of tools, articles, videos and more below!

5 people to meet on your entrepreneurial journey

5 people to meet on your entrepreneurial journey.

No business owner walks alone. We all work inside an ecosystem, a community, that supports our efforts and enables us to turn our passion into entrepreneurial success. Here's 5 people that should be a part of that village. The customer, or client The only thing you need, to be “in business”,

Small Business Advisory Board Tool: How to set up an advisory board

How to Set Up An Advisory Board

Owning a business can be fulfilling and gratifying, but also lonely, stressful and frustrating. Dealing with this full range of emotions can be challenging, and it's difficult to find people who understand and who can help. Every business owner needs an advisory board -- a team and group of

How to boost employee morale when sales are down

boost employee morale

When I first purchased MyCorporation from its previous owner, I realized I had some serious work to do to boost employee morale. No one seemed particularly cheery, and lacked work ethic. Thankfully, buying the company brought a great opportunity for change. Luckily I had been working as a MyCorp

5 Tips for Coaching Millennial Employees

coaching Millennial employees

Millennials are now the largest generation, with more than 95 million members. And Millennials in the workplace have become a hot topic of conversation in recent years. They’re hardworking and driven, or they’re lazy and entitled. They’re more loyal to brands, but less loyal to jobs. They’d

Price increase letter: My first experience raising my prices

price increase letter

We often see business owners undervalue their services. So we often preach about raising your prices. But we get a lot of hesitancy because many owners are afraid they'll lose clients, and/or not be able to attract new ones. So we asked Kaleigh Moore who runs We Are Lumen about her first experience

4 situations when small business owners MUST look at their numbers

small business owner decisions

"Numbers get confusing. I'm never quite sure what I should be looking at. But my gut has never failed me." Most small business owners are most comfortable making decisions intuitively; when they look at a situation and they just know the answer. These gut decisions are really useful. They can be

How to measure business performance — use numbers and not your gut!

how to measure business performance

Numbers give me a headache. I don't want to stare at spreadsheets all day -- I get a good enough "gut" feel just from running my business. Why should I care about the "numbers"? Most business owners have a strong "gut feeling" or intuition about their business. It makes sense. They spend all day,

5 things you are spending money on that are not (fully) tax deductible

office space tax deductions

My accountant says I made $300,000, but I don't see it in my bank account. Where did it go? Every year at tax time, business owners call me up and complain that their tax return says they made more money than they see in their bank account. Isn't it supposed to be the opposite? Aren't we supposed

My business is growing, but my bank account is shrinking! Here’s 4 reasons why.

growing a business

Growing a businesses means you'll consume a lot of cash. No one told you that, did they? When your business grows from sales of $350,000 to $800,000, your income isn't going to double. In fact, it may go down! It might be harder for you to stay profitable at $800,000 than you were at $350,000!

Small Business Key Performance Indicator Template

Small Business KPI Template

As business owner, it's hard to maintain our focus on the most important issues in our business. It's hard to set priorities. We need sales to increase, but we've got delivery issues, too. What about that low-performing team member, when to you get to them? Though in the midst of all the craziness,

Don’t let ‘great’ be the enemy of the ‘good’

tom peters quote

“Life is pretty simple: You do some stuff. Most fails. Some works. You do more of what works. If it works big, others quickly copy it. Then you do something else. The trick is the doing something else.” ~ Tom Peters Tom Peters could be thought of as one of the founding fathers of the American

Step 3: Stop doing your employees’ work!

employees work

This is Step 3 in our control freak recovery series. In this step we talk about how it's not the boss' job to clean up our employee's messes or do their job for them. Read Step 1 and Step 2 here. This is a long journey, and none of us can go it alone. We hope you're reaching out to a trusted friend