by Bruce Beaumont | Jul 7, 2022 | Business Owner, Finance, Story
Until 2 days ago, my plan for this weeks’ newsletter content was an article about 4 paths to grow profitability in a small business. That was the plan and then I had a meeting with a customer who just lost 30% of their revenue due to customers canceling their...
by Bruce Beaumont | Jul 7, 2022 | Business Owner, Finance
The below article was sent in our small business owner newsletter and due to the popularity, we’ve decided to create a permanent post on the topic. At the time of this writing, there was mass concern the US economy was heading into a recession. The topic of...
by Bruce Beaumont | Mar 24, 2022 | Business Owner, Leadership
“I spend too much time working IN my business rather than ON my business.” “I bounce around from task to task, not knowing where to spend my time.” “I have too many things to do and not enough time to do them.” “I don’t know where to focus my time.” Nearly all small...
by Bruce Beaumont | Mar 3, 2022 | Business Owner, Finance, Leadership
Here’s why its a problem A phrase we frequently hear from small business owners is, “I’m tired of running my business by the bank account balance.” Managing your business by the bank account balance is a dangerous place to be. First, this means you have no real...
by Bruce Beaumont | Feb 24, 2022 | Business Owner, Finance
We have discussed revenue and profit drivers so it’s time to discuss the third and final set of drivers you need to understand to manage your business – cash flow drivers. These are possibly the most important to survival. If you missed our article on the...
by Bruce Beaumont | Feb 17, 2022 | Business Owner, Leadership
One of the biggest problems small business owners face is having a business which relies too much on them. In this article we’ll discuss why this is a problem, the typical root causes and some ways to fix it. “Feels like I’m on a hamster wheel and can’t get off of...
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