Category Archives: Management

Do you Suffer from Decision Addiction?

Do you suffer from decision addiction? The typical business owner lives on dopamine.  According to WebMD: Dopamine is a type of neurotransmitter. Your body makes it, and your nervous system uses it to send messages between nerve cells. That’s why … Continue reading

Posted in Building Value, Entrepreneurship, Leadership, Management | Tagged , , , , , , , , , | Leave a comment

Supply Chains and Labor Shortages

Supply chains and labor shortages are the chief topics among the 40 or so business owners I currently work with. Their anecdotes are widespread and widely varied. I wanted to know why, so I did some research on behalf of … Continue reading

Posted in Entrepreneurship, Management, Marketing and Sales, Thoughts and Opinions, Top Blog Posts | Tagged , , , , , , , , , , , , , , | 2 Comments

Manager or Leader? Planning Succession

Should you hire a manager or leader as part of your succession planning?  Before you make that decision, you need a pretty good idea of what your exit plan is. Once your objective is set, it’s one of the answers … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Leadership, Management | Tagged , , , , , , , , , , , , , , | Leave a comment

Non-Qualified Plans in Exit Planning

When I talk to business owners about “non-qualified plans,” their first reaction is often “Hold on there. I don’t want to get in trouble!” The term “Non-qualified” merely refers to the Employee Retirement Income Security Act of 1974, more commonly … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Leadership, Management | Tagged , , , , , , , , , , , , , | Leave a comment

The Missing Employees

Are you missing employees? Where did they go? I just got off the phone with a restaurant owner who temporarily closed one of his locations so that he could redistribute the staff to the other three. I’ve also heard or … Continue reading

Posted in Entrepreneurship, Exit Planning, Leadership, Management | Tagged , , , , , , , , , , , , | 4 Comments