Small Business Tips | American Business Advisors

Oct 19

financial planning, business plan, strategic planning, budget, budgeting, small business, mid size business, startup, cost benefit,

Financial Forecasting — Not Budgeting

In his book The Art of Leadership, Max Depree states, "The first task of leadership is to define reality." Yet most small companies do next to no planning, and mid-sized companies who plan tend to prepare budgets instead of a financial forecast. Going on a one-year business journey without formal... read more →

Oct 18

Facing the Fiscal Cliff: Be Happy?!

Bobby McFerrin has words of wisdom for us as we near the Fiscal Cliff. I think he gets it right in his song “Don’t Worry Be Happy”: http://youtu.be/yHFDa9efCQU McFerrin’s song came out in 1988, after the Black Monday financial crisis of 1987, during which the Dow dropped 22% in a... read more →

Oct 17

Why You also Need a Client Happiness Specialist!

NOTE: We’ll continue the series on “acedia” next week. You’ve no doubt heard Pharrell Williams’ “Happy” song/video. If you haven’t, take 4 minutes to get a little happy: I recently hired a Client Happiness Specialist. Don’t have one? You need one too! Why? I believe you want to live a... read more →

Oct 16

Mining Grammar for Gold

Since Karl Frank guest blogged a couple of weeks ago, I’ve been wondering why it’s so difficult to connect with our future self. Specifically: Why do so few of us have a sufficient emergency fund, especially after the Great Recession? Why do so many business owners have insufficient cash flow/cash... read more →

Oct 15

Real Christianity – Why You Should Consider It (Part I)

“I do not understand what I do. For what I want to do I do not do, but what I hate I do. And if I do what I do not want to do, I agree that the law is good. As it is, it is no longer I myself... read more →

Oct 14

Invest in employees, employee retention, team building, productivity | American Business Advisors

The #1 Health Danger (and Opportunity) to Your Company’s Bottom Line

Many of us consider ourselves well versed in understanding how to invest financial capital. But where would we start to invest if we were to focus that same attention on human capital, on people? First of all, we want to keep our employees alive and healthy. So let’s first consider... read more →

Oct 13

Gratitude Challenge: Create More Appreciation Than You Can Stand

It is with sincere appreciation for fellow Nazrudin Project member and author, Dr. Ed Jacobsen, that I share with you (with permission) the following post: Photo by Ruth and Dave When I think of an abundant Thanksgiving, I think first of food. Then my mind goes to the people... read more →

Oct 12

Middle-Market Firm Blues: Do You Ever Feel Overlooked?

Ever wonder what characterizes a business like yours? If you have a middle market company, you’re part of only 3% of all U.S. companies. Your firm is valued somewhere in the $5M to $1B range. If you live in the Metro Denver area, your firm is one of about 1,400... read more →

Oct 11

entrepreneur, entrepreneurial spirit, wild wild west, gold miners, american history, entrepreneurial roots,

Ed Schieffelin: Business Tales from the Old West

New Opportunities Frazzled factory workers, disenchanted farmers, former soldiers not wanting to return home, new immigrants, dreamers, adventurers and those who yearned to live by their own terms mounted their horses and joined wagon trains for their journey to new opportunities in the Western United States during the latter half... read more →

Oct 10

How to Give the Best Gift this Christmas

…is the question we all ponder this time of year. Business owners give the same gifts, bonuses, or turkeys –yes, turkeys--every year. But is that what our employees really want? Consider the incremental happiness you feel when you received the item you’ve pined for—a special toy, tool, luxury good or... read more →

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