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When we first meet a potential client in our coaching business, one of the early questions we ask “is your company on the right path”? Every company can only be in a version of one of three conditions:growing, declining, or bumping along, up a quarter, down a quarter etc. When we ask that question of […]
Read MoreWhy is it that so many owners of small businesses can’t tell me about their vision? They are actually unprepared and uncomfortable discussing the subject. Hey! Ms business owner, what does your company look like in three, five or ten years from now? Paint me a picture, get me excited about where you and your […]
Read MoreYesterday I attended a conference called eMarketing for Entrepreneurs. As the title would suggest, the conference was geared to helping small business owners wade through what can often be the overwhelming and ever-changing world of Internet marketing. The conference included a great keynote address from John Jantsch of Duct Tape Marketing who stressed the importance […]
Read MoreThis is a question we’ll usually ask a prospective client during our initial meeting. You’d be amazed at some of the responses we hear. The top 5 responses are: 1. I don’t know. 2. I have to ask my accountant. 3. I did/did not pay taxes last year. 4. I have cash in the bank. […]
Read MoreSimple, don’t let them get old! Well OK, I guess if I don’t have any old receivables I won’t need to know what to do with them, but how do I keep my customers from stretching out the terms of payment? We are of the belief that cash is king in any small business. Big […]
Read MoreStop me if you’ve heard this one before. My partner and I are 50/50 owners in our business…UGH! While most partnerships start out with the best of intentions (i.e. we want to split profits down the middle), setting up the ownership of the company can often mess with those good intentions. One of the keys […]
Read MoreWhy do so many business owners express a simple solution for what is almost always a complex problem? For example I can expect to hear one or more of the following ‘solutions’ during a discussion with with a business owner talking about the state of their business. All I need are: 1) better people 2) […]
Read MoreOne of the toughest questions for an owner to answer is “How do I know when the next generation is ready?” Transitioning a business to a new owner is a very difficult and time consuming process once the new owner has been identified, but how do you know that new owner is ready to take […]
Read MoreDoes customer service start once someone becomes a customer or does it start upon first contact with that person? A common frustration I have as a consumer, whether it be in business or my personal life, is when a company whose product or service that I am considering purchasing is not very responsive. I’ve found […]
Read MoreHi there! Welcome to www.AskTheBizCoaches.com! For those of you who don’t know us, I’m Adam and he’s Jack and we love small business. Outside of our blogging lives we spend time coaching companies throughout the U.S. These companies typically have between 1 – 50 employees. We help the owners of these companies deal with some […]
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