How process can improve your capacity
Implementing processes is one way to increase the capacity of yourself and your team. Documenting processes and coordinating with your team on who takes on different steps can provide more space to move work forward. There are three ways process can improve your capacity.
4 Steps to assess your team’s capacity
As a business owner, you know that understanding your team’s capacity, planning service delivery around that, and being open with your team about capacity expectations, will help you to be prepared for changes in client and team member availability and needs. Determining the capacity for each team member is not always straightforward. Assess each team member now to be better equipped going forward.
Do you know your current capacity?
As a business owner, do you know your capacity? Knowing how much you have available in a typical week to service your clients, while still running your business, will ensure you can build your business without burning yourself out.
Steps to help year end be the most wonderful time of the year
Year end is a busy time of the year. Year end, according to the classic song, is “The most wonderful time of the year.” Even with all the stress, we can take steps to help make it a more pleasant time of the year. A little thought, preparation, and notes can ensure that next time you will know what to do to enjoy the season.
Are you taking steps to keep cash king?
Every business owner knows that money needs to flow into the bank account to maintain the business. The key is to prioritize activities that keep the cash flowing. Cash is king. What are you doing to orchestrate things behind the scenes to keep things moving in the right direction?
To-do lists that drive success
The to-do list is a must have for every business owner. Whatever method you use for maintaining your to-do list, it is important that you triage the activities to move from crossing off as many items as possible to selecting the items with the greatest impact.
Simplify your budget; simplify your time
Reviewing your budget for services and tools and determining if each is a good use of money, energy and time is a great first step in simplifying your budget and your time.
Details today lead to easier decisions later
Many business owners are not detail oriented. Yet details and data can have a significant impact on your business. Taking steps today to track details will allow you to grow your business.
What are you trying to accomplish by returning to in-person?
With extensive media coverage on the return-to-office movement, it is easier to assume that everyone is going to back to in-person work. Before you jump on that train, ask yourself what you would be trying to accomplish by changing your workplace structure.
2 elements your business needs rock solid
As you prepare for growth, scaling, or even selling your business, it is critical to have a solid foundation for the business to move forward on. While there are many elements to a strong business foundation, there are two that need to be in place for every business.
3 ways having a plan will help you run your business
Are you a super planner or an anti-planner. Regardless of where you fall on the planning continuum, having a plan to guide you in running your business has many benefits.
Supporting women-owned businesses
Sometimes there are causes your business supports without much effort. For me, it’s supporting women-owned businesses. It naturally occurred as my business grew. So when I learned of the TheWMarketplace which serves women-owned businesses to sell their goods and services, it was obvious I needed to get involved.
Does your business have the culture you want?
As the business owner, you can decide the culture you want for your company. You simply need to be deliberate about identifying and reinforcing the behaviors and experiences you want for your business.
What would it take to double your revenue?
If someone asked you what it would take to double your revenue, would you have an answer? The question was posed to me and it caught me off-guard. I’ve pulled together key questions to ask as you build your plan to achieve significant growth.
4 Steps To Start Building Your Budget
Having a budget creates a mechanism for understanding where you are spending the business’ money and for monitoring if you are on track to achieve your profit goals. Building a budget does not need to be overwhelming. Here are 4 steps to help you get started as you prepare for the new year.
It’s okay to work on holidays
You may be shocked to hear me say it, but it is okay to work on holidays. The caveat is you need to not be working other times of the week. In preparation for a holiday, read to determine if working on the holiday is right for you.
Let the pandemic propel you forward
As we enter a new year and plan for the future, don’t forget to assess what go you to where you are today. Two years into a pandemic and you’re still standing. That’s got to be worth something.
Your past may be what you need now
It is easy to assume that what you have tried in the past will not work in the present. But preferences and needs evolve and what you tried previously that did not work out the way you had planned may be exactly what you need in this phase of your business. Sometimes we need to give things a second chance.
Avoid stretching yourself thin at yearend
As yearend approaches, you do not need to return to the frenetic pace of 2019. It is time to blend your 2019 and pandemic paces to create the new way to enjoy the end of the year.
3 things to consider as you plan your budget
The budget planning process has many of the same benefits for business as it does for car buying. As business owners, it is imperative to understand how changes to your spend impact the bottom line. Unfortunately, many small business owners do not create a budget and lack clarity on how much they can shift their financial resources during the year.