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Category: Leadership

Contract Negotiation

Contract Negotiation: Tips for Understanding and Creating Successful Business Contracts

Contract negotiations are an essential part of every business owner’s responsibilities.

However, if you’re new to the business world, understanding contracts can seem intimidating and tricky. But the reality is that contract negotiations are an effective way to ensure you get what you want in business and further dealmaking. Want to learn about how to understand, create, and successfully negotiate contracts? Small Business Bookkeeping Blog shares the details below. 

Small Business Advice for Parents With Disabilities

Small Business Advice for Parents with Disabilities

Individuals with disabilities are almost twice as likely to be self-employed as those without disabilities. Owning your own business is time-consuming and requires a lot of effort, and so does parenting. Balancing these needs is tough but far from impossible. Some simple tips and ideas help get you started on the right foot.

Is the Time Right to Sell Your Business?

Is The Time Right to Sell Your Business?

How do you know when the time is right to sell your business?

Although there’s no single answer to this complex question, Forbes notes that there’s a strong consensus on several sets of circumstances that indicate it’s time to sell your business. 

Take a look at five scenarios that could mean the right time to sell your operation is now.

The Complete Guide to Handling Your Small Business Closure

The Complete Guide to Handling Your Small Business Closure

If you spent years growing your small business, but recently concluded that you would have to close your doors, you may be wondering what to do next. From taking good care of yourself to organizing your finances, being proactive can help you get back on your feet. Here are a few steps on how to recover from your small business closure and fix your eyes on the future. 

Cash Flow Problem or Operational Issue?

Cash Flow Problems? Maybe it’s an Operational Issue.

Low product levels and cash flow issues don’t always come from an accounting underlying issue – sometimes it’s an operational issue.

Tim in marketing suggested that the company run a month-long sale on your most popular product. You happily agree and start allocating funds to run a successful ad campaign to promote your sale. 

Two weeks in, your sale exploded, but you’ve run out of your inventory.

 

strategic leadership

4 Ways to Help Your Team Sprint Ahead with Strategic Leadership

Are you holding your team back by lack of strategic leadership? 

A few weeks ago, I published a series of articles about what I called “duct tape leadership.” It talks about fixes and patched-together solutions that project teams end up using. They use these solutions when their work is out of alignment with the organization’s priorities.

I suggested lots of things that team leaders can do to create more strategic alignment, lead more intentionally, and foster a team environment that’s more conducive to sustainable success.

But, the reality is that many of the challenges faced by project leaders come from gaps with strategic leadership. They have little to do with the size and complexity of their projects. That is to say, challenges have everything to do with the executive leaders and sponsors who decide which projects to pursue.

Successful Sales Teams During COVID

Successful Sales Teams During COVID-19

I read a great book recently from NYU business professor Scott Galloway about how the markets are shifting due to the Coronavirus.

In “Post Corona”, Galloway notes that COVID-19 is behaving like an accelerant to existing market conditions, rather than triggering any wild change of its own. I don’t agree with everything Galloway says, but I thought this “accelerant” theory was an interesting observation. It is fairly well supported by what we have observed at Reconciled.

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