How to Leverage Your Team to Free up Time and Increase Cash In Your Business
As the business owner, your time is your most valuable asset. If you’re treating your time the same as the rest of your team, you’re not going to scale your business. To work on opportunities and activities that bring in more cash, you need to free up more of your time; especially if you’re still […]
How to Improve Your Business by Improving the People in It
It’s been said people in business don’t leave companies; they leave their managers. While that may be true, I think it misses the mark. The most important skill any leader can have is inspiring their employees to grow and improve! Here are five tips for how to do that: Identify your team’s strengths and weaknesses […]
7 Ways to Reduce Stress When Running a Small Business
Running a small business is stressful enough, but let’s face it – some days, you’re just overwhelmed. Small business owners often face more stress than their big business counterparts, particularly when everything’s going wrong. You might also find yourself working longer hours and taking work home, which can be dreadful. It’s often tough to stop […]
Creating and Executing a Business Plan For Trades Business Success
Business plan and strategy are two essential elements in successful business development. They’re also two of the most neglected aspects of a business, particularly in trade and construction. Planning and strategy are crucial to business success whether you’re just starting your new venture or have been in operation for years. They asked me: “what’s more […]
How to Develop a Growth Mindset in Business
Coined by American psychologist Carol Dweck, the term growth mindset is well known in the business development world. Motivational speakers, business tycoons, and coaches all talk about the importance of developing a growth mindset for growing a successful business. After all, the difference between a business that will survive, and a business that won’t, may […]
Customer Satisfaction vs Customer Loyalty: Why the former isn’t enough
Managing customer satisfaction is a priority for every business. But are you nurturing customer loyalty and customer satisfaction? We’ve all heard the slogan “Satisfaction Guaranteed or your Money Refunded”. It’s one of the first advertising slogans of the modern age. It was written in 1869 to promote Eaton’s department store in Toronto and had a significant impact […]
Goal Setting: Are You One of the 8%?
Cast your mind back to the beginning of the year. Did you make any New Year’s resolutions like goal setting? If you did, you’re not alone. Over 60% of the population set New Year’s resolutions. But did you know that only 8% stick to them? The remaining 92% of people are talking but not walking […]
Five Quick Fire Tips for Strategic Planning
Do your goals fizzle out a few months or weeks after setting them? From my experience working with trades and construction business owners, this is primarily due to their failure to self-manage and hold themselves accountable. Goal setting is much more than simply writing down what you want to achieve. It would help if you […]
Taking Risks in Business – Good, Bad, or Necessary?
Not everything goes to plan. But that shouldn’t hold you back. Years ago, we were trying to find new ways to reach more business owners and decided to stage an event that would inspire, motivate and unite. After much planning and preparation, we launched “The Small Business Big Day Out”. The aim was to build […]
5 Things You Can Do Right Now To Increase Referrals
People talk. Getting new business via referrals is easily the most profitable form of new business, as consumers referred by a friend are four times more likely to buy. Despite this, very few trades and construction firms are leveraging their current client base to drive referrals. Have you ever purchased something because your friend told […]
