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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Tag Archives: business planning
EBITDAC III: Where are we now?
EBITDAC is a facetious term for Earnings Before Interest Taxes Depreciation Amortization and COVID. I first discussed it in this column back in April of 2020, with an update on the impact of PPP loans in May of that year. … Continue reading
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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
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Are Remote Employees Value Killers?
Remote employees can have a dramatic impact on the value of your business. If your exit strategy is to sell to a third party, take some time to think about the areas where offsite workers could have an impact. Curb … Continue reading
Love this article … every Coaching Client I have is having issues finding qualified candidates at any price. I tell them they will need to “buy” their “A” employees. All the “A’s” are employed. The mention of the “no shows” to interviews is also a new phenomenon.
great article, Posted it to LI.
As always, John, you’ve avoided offering the simple or obvious answer and explained another complex issue that has a multitude of causes. Thanks for taking the time to put this together.
My clients are also experiencing interview no-shows as well as people who sign up to work and then disappear after 2 or 3 days and are never heard from again!