Manage Your Small Business Cash Flow Better!
I regularly ask the question on Twitter, “what are the biggest challenges facing small business owners today?” Recently, someone responded to me with “cash flow, cash flow, cash flow.” Typically this is not the type of answer I expect to receive. I guess, for no better reason, because this is a given. Any business owner knows (or [...]
European Banks Experience Shortages In Top Talent
I’ve been talking about this for a while now. As the business landscape becomes even more competitive in the coming years, it’s going to be more and more difficult for existing businesses to recruit and retain top talent. Although this article that I found on McKinsey Quarterly recently deals specifically with the challenges that European [...]
Banks Pledge To Boost Small Business Lending
Despite a tight economy, and an uncertain outlook for many small business owners, some of the biggest banks in the United States have recently pledged to increase lending to small businesses by an additional $20 billion over the next three years. However, with that being said, conventional lending to small businesses by large banks continues [...]
Walt Disney: Profile Of An American Entrepreneur
“If you can dream it, you can do it.” That’s one of the many great statements Walter Elias Disney left us with before he passed away at the age of 65 in 1966 from lung cancer. Another good one is: “Get a good idea, and stay with it. Dog it, and work at it until [...]
In Business, is Bigger Always Better?
The marketplace is more competitive than it’s ever been. Technology as we know it has decreased the cost of starting a business for many small business owners. For example, Social Media marketing is very inexpensive, giving small businesses and entrepreneurs the ability to reach the masses with a minimal investment. So, although this is a [...]
Superior Customer Service Is A Great Growth Strategy
I’m often asked by my business coaching clients, “how do I continue to grow my business?” Let’s face it, sometimes as business owners and entrepreneurs, it’s easy to feel like we have tried it all; especially when the economy has thrown virtually every curveball imaginable our way. When a client asks me this question, one [...]
Growing Your Small Business In An Economic Downturn
I’ve got to tell you, I’m not the first person in the world to endorse the media. I have always been amazed that regardless of how challenging the economy might be, the media is very good at making it look much worse than it really is. Not only does this drive consumer confidence down further, [...]
Failure Cannot Be An Option in Entrepreneurship
Small business success rates are grim. Unfortunately, not everyone is cut out to be a small business owner. In fact, in my coaching programs, one thing I tell my small business coaching clients early on, is this: “If you are deciding to get into the game of entrepreneurship, failure cannot be an option for you!” Part [...]
Biblical Encouragement for Small Business Owners
Posted by Nathan R Mitchell - Business Coach | Author | Speaker It is not uncommon for small business owners and entrepreneurs to need encouragement. The game of entrepreneurship is literally a lifelong endeavor, and it can have its moments of frustration, especially when you aren’t getting the results you expect or have set forth [...]
Small Business Plans On Hold? I Hope Not!
Posted by Nathan R Mitchell - Business Coach | Author | Speaker Uncertainty in the Stock Market and in the economy, is having some small business owners rethink their strategy. Unfortunately, some small businesses are once again thinking about layoffs and salary freezes, neither of which is a formula for improving our overall economic condition. [...]
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