"Everyone pays until they don't." This blunt reality from credit expert Thea Dudley should wake up every business owner extending credit to business customers. With Q1 2025 bankruptcy filings showing a dramatic 12.74% increase in Chapter 7 cases and … [Read more...]
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Be open to learning. Never stop. Find knowledge-building insights here.
Here you will find insights, tips and road signs to help you steer your business towards profitability, sustainability and financial strength. Raise your business instincts and gut level decision-making to new heights because in today’s business climate, there’s very little room for error and even less room for bad habits.
Focused Metrics, Better Decisions: The Art of the Simplified Business Dashboard
When my son Patrick joined the U.S. Army and was selected for aviation training, he faced a daunting challenge. After a year of intense instruction, he emerged certified to fly Blackhawk helicopters. When he stepped into the cockpit he was … [Read more...]
Is Your Business Ready For Life After You?
Succession planning— the grown-up conversation all business owners know they need but often avoid. It’s like that nagging reminder, "We should really start saving for retirement," and "Do I need this second boat?" Every business owner needs a … [Read more...]
Measure Success with Lagging Indicators; Drive It with Leading Indicators
Business owners often focus on results they can't directly control while overlooking the activities that create them. Understanding the difference between leading and lagging Key Performance Indicators (KPIs) can transform how you manage your … [Read more...]
The “Iron Man” Way: Expanding? Don’t Fly Too Close to the Sun
Successful multi-unit owners believe they’ll crush it when they double down to expand. They have a vision, a rock-solid financial plan, and a six-pack of profitable locations. So why not scale up? Like Tony Stark in “Iron Man” during his early “I’m … [Read more...]
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