When running a business, understanding your financial performance is critical. Two important metrics often discussed are gross margin percentage and simple percentage. While they may sound similar, they serve different purposes and focus on different aspects of your financial picture. Confusing the two can lead to misunderstandings about your business’s profitability. Let’s break it down…
Succession planning is an essential strategy for any organization that aims to ensure long-term stability and sustained growth. By identifying and nurturing employees who have the potential to fill critical roles in the future, companies can mitigate disruptions, maintain institutional knowledge, and develop a robust internal talent pipeline. A practical and effective tool for evaluating…
In the ever-evolving landscape of business, adaptability and teamwork are essential for success. One of the most effective ways to cultivate these qualities is through cross-training employees. Cross-training, the process of teaching employees to perform tasks outside their primary responsibilities, is more than just a practical strategy for improving operational efficiency. It’s a powerful tool…
Transitioning from a small mom-and-pop shop to a larger, professionally operated small business with up to 10 employees is an exciting but complex journey. It requires careful planning, strategic decision-making, and the right support to ensure sustainable growth. Here’s a guide to help you navigate this transformation, with insights into the critical role a business…
Align goals, foster accountability, and drive success with the Employee Focus Form—your key to impactful performance reviews!
Here is Your Foolproof Guide to Achieving New Year’s Resolutions That Actually Stick. Ah, New Year’s resolutions. That time of year when we boldly declare, “This is my year!” as we clutch a sparkling beverage and scribble down ambitious goals. Fast forward to February, and those dreams are often gathering dust alongside that fancy juicer…
As the calendar turns to a new year, hopes and dreams fill the air. But how often do those New Year’s resolutions fade away before February? The issue isn’t desire—it’s the lack of tools, strategies, and mindset needed to turn aspirations into reality. With over 25 years of business consulting experience, Nathan has helped companies…
Imagine waking up every morning energized, aligned with your purpose, and ready to tackle the day with confidence. This sense of personal fulfillment isn’t just a feel-good luxury—it’s a critical ingredient for thriving in business. When we operate from a place of inner alignment and emotional well-being, our decision-making sharpens, our creativity flows, and our…
Unlocking personal fulfillment is not just a feel-good concept; it’s the key to driving professional growth and success. When we align our personal values with our career goals, we tap into a deeper sense of purpose and motivation that fuels our performance, relationships, and overall well-being. Many professionals find themselves caught in a cycle of…
The secret to a thriving business goes beyond financial strategies and operational efficiency; it lies in the power of healthy relationships. Whether it’s between colleagues, clients, or partners, strong interpersonal connections can be the driving force behind innovation, collaboration, and long-term success. Businesses that prioritize fostering healthy relationships within their teams and with their stakeholders…