Tag: administration

September 15, 2023

According to data from Teten Advisors, the median investor in private companies reviews over 80 opportunities in order to make a single investment. As someone who has been working in private equity and investing for over three decades, I can […]

September 14, 2023

Small businesses often grapple with ways to stand out, keep customers engaged, and drive revenue growth. Enter customer loyalty programs, an instrumental tool designed to bolster client retention and brand affinity. These initiatives yield numerous benefits: they catalyze repeat business, […]

September 14, 2023

Digital transformation is a term that has moved beyond just being a buzzword. It’s a real, palpable shift that several industries are currently undergoing, fundamentally altering how they operate and deliver value to their customers. Let’s delve into four sectors […]

August 22, 2023

Accountability is a remarkably dynamic word and so much more than a simple promise to perform. While the concept is rooted in responsibilities, the term also implies continuous action and a healthy system of checks and balances. At its core, […]

August 15, 2023

Job searching can be like dating, and like dating, certain “red flags” might stand out, causing a prospect to turn into a hard pass. While these red flags (certain behaviors or practices that can signal a warning sign of an […]

August 9, 2023

When you think of the word intrapreneurship, what comes to mind? Perhaps it’s staging a hackathon, a rapid and bounded way to crowdsource new ideas. Or it could be the 15 to 20% of time allocated in the strategic plan […]

August 2, 2023

I was recently introduced to Tim DeBone, a finance and accounting expert with The Bagchi Group in Morrisville, NC. We were comparing notes on how best to staff a company’s finance department as it scales. Here were our takeaways from […]

July 31, 2023

Recognizing when to transition from a solopreneur to a team leader by hiring employees is crucial for sustainable growth. Most of my time with Strategic Advisor Board (SAB) is spent consulting new business owners reaching this pivotal point in scaling. […]

July 25, 2023

When Kevin Strain was appointed chief executive officer of the Toronto-based insurer Sun Life in 2021, he built his strategy around a core principle of the centuries-old insurance industry: thinking long-term and building sustainable businesses. That was at the height […]

July 6, 2023

As remote work continues to redefine the modern workplace, establishing a structured onboarding program becomes paramount. However, effectively onboarding remote employees presents unique challenges that require careful consideration and planning. A well-defined onboarding process ensures that new hires understand their […]

July 5, 2023

Earlier this year at a Web3 conference in Austin, I was speaking to a colleague. Things seemed to be going well until he asked me my age, and I told him. “26?” he responded. “Isn’t that a little young to […]

June 23, 2023

One of the worst things you can do for your HVAC system is to ignore it. You might be under the false impression that it can maintain itself, but when it suddenly breaks down on a hot summer’s day, you’ll […]

June 9, 2023

The hiring process can be a time-consuming and expensive endeavor, so it benefits any company to be able to find a quality candidate sooner rather than later. But hiring quickly means you may be sacrificing many of the steps or […]

June 6, 2023

Startup businesses face a unique environment when it comes to adding the talent it needs during their earliest stages of operations. Of course, hiring a few full-time employees seems wise, but if a nascent business grows too quickly, salary spend […]

June 2, 2023

Almost every superhero has a sidekick. It’s not that Batman isn’t capable of amazing feats on his own, it’s just that he can accomplish so much more with Robin at his side. Duo do-gooders, or even partners in crime, can […]

June 1, 2023

As a Chief Executive Officer (CEO), you’ll provide visionary leadership, strategic planning, and financial management. Your role includes decision-making, team management, and organizational growth. With a strong focus on entrepreneurship, you’ll drive innovation, establish stakeholder relationships, and ensure regulatory compliance. […]

May 31, 2023

A skilled sales representative is crucial in driving revenue and building strong customer relationships in a small business. This article explores a sales representative’s sales rep job description in the context of small businesses, outlining the duties, skills, and strategies […]

May 17, 2023

In my 20s, it seemed easy to maintain a positive outlook on life. It was a simpler time with a lot less that could go wrong. As the years passed, I started collecting responsibilities — and bad things happened along […]

May 17, 2023

The world of marketing is undergoing a paradigm shift with the rise of Web3 technologies. This decentralized internet model, characterized by blockchain-based platforms, decentralized applications (dApps) and a strong focus on user privacy, has paved the way for innovative marketing […]

May 15, 2023

Some of the most critical people to hire in any organization are the salespeople. Unfortunately, one of the biggest places where small business owners consistently hire the wrong people is in the sales department. How do you find the best […]