Setting Goals for the New Year
This is the time of year that Business Plans are made for the upcoming year and beyond. Every successful business needs a roadmap. Without clear direction, priorities are not understood and employees waste time on non urgent and insignificant issues. Confusion and disruption occur. Crafting a Strategic Plan that provides your organization’s direction and defines its priorities over a specific time frame, […]
Mental Prep for Retirement
When we think about retirement planning, the focus is usually on money: rates of return, investments, inflation, income needs, and longevity all neatly wrapped up in spreadsheets. These are all essential for determining when you can retire and how long your income will last, but they don’t guarantee a meaningful or fulfilling retirement. Equally important […]
Are you working IN your business or ON your business?
As a small business owner, the answer is likely “Yes” to both. Emphasizing the work ON the business is essential to ensure the business’s continuing success. Below are some strategies to help you: 1. Effective Time Management Is Essential a. Categorize your business tasks into 2 groups: (i) operational tasks (working IN your business); and […]
Planning for Retirement
As a small business owner it’s probably hard to imagine, but, at some point, you will retire. How you will be able to retire is, from a financial perspective, probably harder to imagine. With the right plan you can. The right plan can: 1. Ensure a steady income. After all your hard work, you deserve financial […]