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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: employees
Changes in Attitude
I imagine that anyone who works with small business owners has noticed an attitude shift since the beginning of this year. Where formerly they were happy to have mediocre employees, now they are looking for something more. Where they overlooked … Continue reading
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All for one…one for all
The individual incentive, whether monetary or non-monetary, seems logical. It fits best with sales people, who are the most familiar examples when we think of employee incentives. What kind of people would work harder for a group incentive? Actually, there … Continue reading
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All for one…me
Continuing the discussion on employee incentives. We have four possible combinations for incentives, monetary/group, monetary/individual, non-monetary/group and non-monetary/individual. How can we determine which incentives will work best? Sometimes the answer is trial and error. There are many good reasons to … Continue reading
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One Response to Small Business can Sell in a Recession
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All for One…
Most small business owners approach employee incentives with mixed emotions.They want to provide some system that creates a sense of urgency and responsibility in their employees, but they don’t want to give up too much of an already thin bottom … Continue reading
It is true… business sellers are more and more confused in the current market scenario. In such a situation, an experienced business broker might be advisable for a main street business seller.