Tag: small business

3 Key Ideas to Help Business Leaders Succeed in 2013 / 2014

Key Performance Indicators (KPIs) 1. Lead and Lag indicators, what are you measuring? When seeking to drive improved performance across your organization most business leaders focus their attention solely on Key Performance Indicators (KPI’s) that are ‘lag’ indicators. Lag indicators are a signal of performance AFTER an outcome is achieve and include aspects such as …

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Small Business Exit Strategies for Current Times

Over the past few years, I’ve noticed a tightening in cash being lent to purchasers to buy businesses, even good businesses. This has caused small business owners to explore some interesting new strategies when planning their exit. Let’s look at a few in the Mindshop style of Now, Where, How. 1) First identify where you …

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From The Kitchen Table to the Board Table: A Small Business Guide to Corporate Governance

Small Business

Most small business owners recognize that governance structures are vital elements of their business, but only a few manage to embed corporate governance structure into their business. The restructuring of a business from the kitchen table to the board table to suit a corporate governance framework, is an important task for management, and in the …

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