Business Plan Template
When I started a business right out of college, one of the critical pieces of advice someone gave me was…
What is a Business – the 7 Elements
What is a business is one of those key questions that every entrepreneur should ask, but too often doesn’t ask….
Balance Sheet
In order to make smart business decisions, entrepreneurs need to be well-versed in financial concepts like the balance sheet. The…
What is a Cash Flow Statement
It can be easy to get overwhelmed by all the different financial statements businesses use to track their money. The…
Why a service is actually a product (or at least why it should be)
The core of building a business machine is doing the same thing repeatedly. You are a person, you get good…
What is a Standard Operating Procedure (SOP builder)
A standard operating procedure is a straightforward concept: it is the process you use to deliver transformation. you create whatever…
What Is An Income Statement?
The Income Statement is one of the three key financial reports that you must understand as a business owner. It…
Performance Evaluation – Here’s How to Unlock Exceptional Performance
It can be a pain in the neck, but the performance evaluation process is critical to clear communication and enhancing…
What are SMART Targets and how to Use them
In business, we often talk about setting goals and achieving them. What many people don’t realize is that there is…