HOW A SMALL BUSINESS COACH CAN HELP WITH PROFITABILITY

When budgets are strained, many small-business owners respond by cutting their spending as much as possible. This often involves reducing spending on training services and professional advancement. However, cutting ties with your small-business coach could create even more problems for your business.

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WHEN SHOULD YOU HIRE A BUSINESS COACH?

Starting a business is hard. It takes a great idea and the grit to see it through. If you are like many entrepreneurs, the idea isn’t your problem – it's the actual running of the business. You have to think about building a profitable business model, for instance, as well as learn how to manage your company’s accounting, marketing, and HR.

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LEADERSHIP ACCOUNTABILITY: THE SECRET TO EFFECTIVE EMPLOYEES

Performance management is an ongoing challenge in most organizations. Managers spend hours huddled over spreadsheets, analyzing employee performance metrics, looking for ways to improve performance and boost production. When mistakes happen – and they do happen – the bulk of the blame is often shoved off onto the employee. What leaders often fail to acknowledge is their role in the errors. This lack of leadership accountability can cause problematic issues to continue repeating. This, in turn, causes a decrease in employee morale as frustration and devaluation increase.

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