Business Strategy

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Why Business Owners Need to Take Vacation for Themselves Too

When you start your own business, the idea of being your own boss may be what attracted you to entrepreneurship. Maybe you thought that you’d have flexibility and freedom and work/life balance. But we’re sorry to report that in most cases, owning a business means working harder and longer than your corporate friends and neighbors. But finding work/life balance in the form of vacation and time off is crucial to avoiding burnout. Here’s why you should do something for yourself outside of your small business.  Small Business Owner Statistics on Work/Life Balance  If you own a business, you already know [...]

March 20th, 2020|Management|

Small Business Success: Constantly Update Your Business Plan

Your business plan should be alive. It should inform your strategic goals and bottom-line revenue. Unfortunately, most small business owners fail to update their policies. When this happens, business owners miss out on several benefits. This article will help you understand why a periodic update to your small business plan will help your company forge ahead.   When to Update Your Business Plan   The good news is that updating a plan is a lot easier than creating one from scratch. You may find that it’s the right time to update your plan for a variety of reasons. For example:   You might [...]

November 1st, 2019|Management|