Sometimes the Answer is in the Question

questions4

INC magazine compiled a list of questions across management thinkers, blogs and business books.  Here are 35 of those questions.  There are 65 more questions available on the Inc.com website.

Questions ignite imagination, avert catastrophes and reveal unexpected paths to growth.  Pose these questions to yourself and your team members.  The right questions require reflection followed by action. Continue reading

Is It Time to Move Your Business Out of the Spare Bedroom?

bedroom

I found this article from Doug and Polly White to be right on target.

Moving from a home office, where occupancy costs are effectively zero, to rented space is a big decision.

Obviously, monthly expenses will increase. You’ll have to pay rent. If it’s not included in the rent, you’ll have to cover utility costs. In some circumstances, there may be other monthly fees for services such as cleaning and grounds maintenance. There will also be one-time costs. You may need to hire movers or purchase furniture, office equipment, or phone systems. Continue reading

Show Me the Money

money

When you talk about your business with someone that might have an interest in loaning you money, or joining you as a partner, or buying the business, they will want to see the Cash Flow Statement. Continue reading

A Good Ending is Key –

Picture1

According to Kevin Daum (Inc columnist) how you end your day is just as important as how you begin it.  Kevin shares the following tips to help you finish your day right, leaving you well prepared for tomorrow. Continue reading

CBI Networking Night Creates a Buzz

Picture2

The April 8th Networking Night at the CBI was a hit.  The food was great.  The room was full and the energy was contagious.  The goal to complete the CBI Business Bingo card keep the conversations and the networking moving.  Participants had to meet and talk with others to get signatures from a Home-Based Business, Storefront Business, Outdoor Business, New Business, Bookkeeping Business, Technology Business, Marketing Business, Mature Business, Male and Female Owned Businesses, Health Business, Real Estate/Mortgage Business and others. Continue reading

Standing Room Only at CBI Pitch Session

_DSC0150

L to R: Holly Hanson-Director CBI, Justin Sidwell, Peter Bilodeau, Marie Fey, Diane Morey-Owner A to Z Printing and Facilitator of CO.STARTERS, Dave Clark-A to Z Printing and CO.STARTERS Mentor

Community supporters joined family and friends of the graduates of the Cumberland Business Incubator’s inaugural CO.STARTERS program to celebrate their work and hear them pitch their business ideas.  The CO.STARTERS group met once a week for 9 weeks as they validated their business concepts.

Graduates of the program that participated in the pitch presentation were: Continue reading

Is Your Business Viable?

 

Wordle

Why is it that we put so much emphasis on a business plan?  The goal is to be able to determine if you have a viable business.  What is a viable business?  A business that is freestanding, self-sustaining, capable of making it without outside financial support.  That means no credit card debt, no loans, just the business itself, standing alone, able to meet all the expenses from the transactions of the business. Continue reading

Moving to Tuesday

Tuesday Wordle

When you hear from an expert that you could be doing something better, do you make the changes?

We had an expert present a workshop recently about e-newsletters.  He stressed that sending out e-newsletters on Monday is the worst possible day to deposit messages in busy people’s inboxes. Continue reading

Internet is Great – But Sometimes Relationships Count!

 business relationships

We had the Small Business Marketing Analyst for a major package moving organization in recently to conduct a workshop.  We were reminded that sometimes it is the relationship that counts when doing business.  A representative from a company in our area attended the workshop.  The company had a critical shipment that had to arrive at the destination by a specified time or they would not be considered for the project they were hoping to get.  They sent the materials to arrive in time. Continue reading

Making the Most of Trade Shows

Tradeshow1

It’s trade show season – home and garden shows, health and wellness shows, industry shows.Dave Lavinsky of Guiding Metrics Executive Dashboard recently had his organization’s first booth at the Traffic & Conversion Summit. His six biggest takeaways from his experience and other things to keep in mind are summarized below.

1. Location, location, location Continue reading