Managing a Business

managementmagic

The Management Magic of Business Planning

True story: As my software business began to grow, as we went from two employees to five, then 10, I discovered how hard real management is with startups and small business that grow organically. In a startup, those first few people who join feel like friends, not employees. What they taught in my MBA courses...

By Tim Berry | Shares

employeeburnout

How to Recognize and Put a Stop to Employee Burnout

Many, if not all, companies deal with employee burnout. When employees feel burnt out and under-appreciated, then productivity and revenue of the company decreases. Are you worried an employee’s flame is sputtering? Here are the most common signs of a burnt out employee. Missing in action When an employee suddenly starts missing work more often...

By Micaiah Soward | Shares

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The No-Nonsense Guide to Negotiation

In my experience, the mere mention of “negotiation” brings about one of two reactions in people. Some grin with glee, excited to leap into discussions and meet their competitor on the battlefield. Others grimace with anxiety, shaking their head as if to say “No. Not me. Please—not me.” No matter which camp you’re in, the...

By Devon Smiley | Shares

Is it time for Plan B?

Should You Stick to the Plan or Change It?

The monthly review meeting is absolutely essential to real business planning. The real value of business planning is the decisions it causes, and the management that results; and for that you need not just a plan but a regular monthly review to track results and revise as necessary. And the toughest part of the review...

By Tim Berry | Shares

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Maternova and the Business of Saving Lives: A Secret to Success Story

Maternal health is a concern the world over, especially in developing nations. Childbirth can be a precarious process; for some women and their infants it can be life-threatening. According to the World Health Organization, 800 women die every day during childbirth, with 99 percent of those deaths taking place in the developing world. There are medical...

By Angelique O'Rourke | Shares

5wayssmallbusinessescansaveonhealthcarefinances

5 Ways Small Business Owners Can Save on Healthcare Finances

Personal and financial freedoms are two selling points that may have convinced you to become a small business owner. Each day you have the freedom to work as hard as you want to grow your company. You don’t have to answer to anyone but yourself about day-to-day decisions. However, with that freedom comes obligation to...

By Jeff Smedsrud | Shares

howtouseyourbusinessplantotrackyourprogress

How to Use Your Business Plan to Track Your Progress and Exceed Your Goals

My favorite quote on business planning is when former president Dwight D. Eisenhower said: “The plan is useless; but planning is essential.” What I’ve always taken from that is the importance of keeping a plan live; reviewing it, and revising it. The core concept of my work on lean business planning is that cycle: plan-run-review-revise. One...

By Tim Berry | Shares

strongcompanyculture

13 Ways to Maintain a Strong Company Culture as You Grow

Half the fun of starting your own business was creating your ideal work culture. But as you grow and scale, this can be hard to maintain. So how do you make sure your awesome culture grows with your company? To find out, we asked 13 successful founders from the YEC how they managed to do so with...

By Scott Gerber | Shares

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