Incentivizing Employees

Incentivizing 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…

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Transparency

Transparency

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.…

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The Final Stretch

The 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…

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Defining Purpose: Your Vision and Mission

Defining 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…

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Celebrating 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…

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Masculine 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…

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What Size is Your Accounting?

Woman sitting down to do her business accounting

By Sherry Lutz Herrington If you have a small business, then your accounting is small, right?  And if you have a large business, then your accounting is large, right? Although that would be an easy assumption to make and most people do, it’s not necessarily true.  Every business has different accounting needs.  It’s a custom…

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Springing Forward

By Sherry Lutz Herrington Finally, we’re heading into the end of the shutdown.  It’s been a full year since all this chaos started and, hopefully, you have all survived and are ready to move beyond the restrictions and get your businesses thriving again. As we move our clocks ahead and wrap up our 2020 tax…

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Balancing the “Ins” and “Ons”

If you own a small business, then you likely have heard about Michael E. Gerber’s iconic book The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It.  I’ve talked about his concept of working IN the business vs working ON the business before. But the constant struggle to find the…

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Starting the New Year with a Plan

By Sherry Lutz Herrington Setting yourself up for success starts with outlining where you’ve been and where you want to go.  There are numerous models that can be used for strategic business planning. I’m going to suggest you pare it down to the simplest version possible. Simplifying the process has two objectives: To make it…

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