Running a business can be incredibly complicated, especially during a growth phase. As the owner, you have multiple demands on your time and attention, such as: Answering customer questions Reaching out to new clients Dealing with legal and financial issues Working with employees Managing cash flow If you want your business to grow exponentially, all [...]
When protecting data, you need to have all three elements of defense. You need to make it hard to get in, hard to get out, and hard to do either anonymously. A failing in any one of those three areas can expose you to risk of losing both your clients’ data and their trust.
I went to the home opening game for the Toronto Blue Jays a few days ago, and experienced something interesting. A player who had formerly played for Toronto was at the game playing for the Chicago White Socks – Alex Rios. He came to bat 5 times during the course of the game, and each [...]
Sunday evening I decanted a couple bottles of coffee liqueur which I had made several months earlier. It’s been 18 months since I made my first batch, and I reflected on the fact that my business is quite similar to the process of making a bottle of homemade liqueur. Experiment First, there’s the fact that [...]
I was following an interesting conversation over at Advice Tap last week regarding referrals: I often recommend my clients to colleagues of mine like graphic/web designers as well as other agencies if I can’t take on the job. What is the protocol for this, or process? Cinci Csere I posted a quick answer to the [...]
We aren’t all so unlucky as to lose our jobs, forcing us to work hard for our success. We won’t all be so lucky as to have someone drop $100,000 in our laps to try to build our latest idea into a business. But we all have the ability to just work hard at creating a solid product that fills a need, and if we focus on that, our success will be that much sweeter.
If you spend time networking, or if you are the owner of a small business, you are constantly on the lookout for ways to promote yourself. You have a business card that has your contact information, and a website that has more detailed information about your business. However, you need something more – you need [...]
I recently held discussions with several small business owners regarding bookkeeping, and came away surprised that they all held the same opinion, for the same reasons, and were all wrong. Oops, that sounds ego-centric and conceited. I guess I should clarify the discussion, opinions, and the facts, and perhaps you will agree with me. The [...]
Elie Kochman is the author of Advice for Small Business Owners and the founder of Optimal Upgrade Consulting. Using his experience working in the corporate world along with his exposure to the world of small businesses, he writes these articles to assist others avoiding common pitfalls of growing a business. His experience in the corporate world, building his own business, and working directly with other growing businesses has given him some perspective on the trials and pains of running a business.
