Uncategorized
Planning Ahead
Times are constantly changing, and as business owners we need to stay tuned in to what’s coming next. This year has seen predictions ranging from horrible economic instability to mild adjustments in the economy and everything in between. How do we know what to believe? The truth is no one can accurately predict the future. …
Read MoreAfter Action Reviews
When was the last time something went wrong in your business? I know, don’t laugh, it was probably yesterday. Things go wrong. Frequently. That’s part of running a business. The more important question is, what did you do to prevent that problem from happening again? The tendency is to move on, forget it happened, and…
Read MoreUgly Stepchild
I’ve found most business owners, especially new ones, treat accounting like the ugly stepchild. It’s something that must be dealt with, but the less attention they give it the better. Most business owners usually start with pushing aside the numbers and focusing on bringing in sales. However, that is a self-limiting attitude. The ugly stepchild…
Read MoreGrowth Mindset
Is your company growing? Most are either growing or dying, so it is probably growing. And that’s great. But if you are growing in sales and net profit, you should also be growing in how you run your business and how your business runs. Growth mindset isn’t just about money, it’s about performance. How is…
Read MoreIncentivizing Employees
By Sherry Lutz Herrington It’s no secret that finding good employees right now is a challenge and keeping the ones you have is a must. The question is, how do we do that? In today’s labor market, following “the great resignation” as it’s been dubbed, there is high demand for job satisfaction. You can no…
Read MoreTransparency
By Sherry Lutz Herrington When a topic surfaces repeatedly in my life, I always feel like it’s trying to tell me something. It’s time to examine it further and share the concept with all of you. Lately, it’s been about transparency in companies. What is transparency and why is it important? Let’s unpack that a bit.…
Read MoreThe Final Stretch
By Sherry Lutz Herrington I can’t believe it’s October already. This year has gone twice as fast as 2020 did. Although I am grateful that life has improved in a myriad of ways, I know we are not really out of the pandemic yet. We may not have achieved a stable new normal yet. Many…
Read MoreDefining Purpose: Your Vision and Mission
By Sherry Lutz Herrington As a business owner, it’s important to know where you’re going and how you’re going to get there. But it’s also important to know your why. Why are you in business? Defining the purpose of your business is paramount to setting the right course and staying true to your direction. This…
Read MoreCelebrating Milestones
By Sherry Lutz Herrington When you’re running a business, it’s good to not only set goals, but to celebrate milestones. Stopping to look at where you’ve come from is a good reminder of all that you’ve accomplished. It’s easy to stay so focused on where you’re going and the day-to-day operations that you forget to…
Read MoreMasculine vs. Feminine Leadership Style
By Sherry Lutz Herrington At the risk of being called sexist, I’d like to postulate that typically men and women have different leadership styles. To avoid being too black and white I’ll call them masculine and feminine, as you could have traits from both sides and be either male or female. The masculine leadership style…
Read More