One of the things we like to do with our clients when we’re working with them on business plans and moving them to their eventual success is do what we call ‘what if gaming’. It’s not very complicated, but it can lead to tremendous effects on the business. Most people build business plans based on a linear fashion. They make … Read the rest
It’s become a popular phrase these days to say, “Our company is a family,” “We work together as a family,” or the famous “My employees are like family.” We hear these kinds of statements, and we find that it’s a very dangerous idea. Family and business are really different. Family is an unconditional love, it is not conditioned on any … Read the rest
At McBride For Business, LLC and The R. Shawn McBride Law Firm, PLLC, we are growing businesses. We are not only working with other people to help their growth, but we are dealing with our own internal growth. We’ve been an expanding organization for some time, and we’ve had to deal with the realities of keeping our teams coordinated and … Read the rest
In our prior blogs, we’ve talked about the ups and downs of riding the wave – the wave of business. We’ve talked about the fact that entrepreneurs often want to do different things at different times. Part of this is there are going to be waves. There are going to be times where your business is going to feel like … Read the rest
It’s in the inherent nature of entrepreneurs to want to be challenged, to want to be invigorated, and want to try new things. Entrepreneurs constantly want you pushing the limit. One feedback we get from many entrepreneurs is that at some point in the business lives, they get bored. They feel the need to do something new. We’ve talked a … Read the rest
How do you get to an end that you really want to get to? What do you do to make sure things happen?
When I speak, I often speak about The 3 Laws of Empowerment, building processes that empower the person making the decision. Often business owners, sometimes executives, and sometimes people just journeying through their career, rely on the … Read the rest
At McBride for Business (www.mcbrideforbusiness.com) we are big fans of simplicity. We think simplicity is a key to understanding and moving the business forward. Complexity can cost so much. When we hear of simple strategies or simple ways for businesses to succeed we get very excited. There’s been some interesting academic research in parallel areas to business (which has been … Read the rest
If we see one thing consistent among all successful companies and persons, it seems to be systems of some sort or process. Everybody’s business that has evolved to a bigger size has systems, repetitive actions and processes that are done over and over and over again.
Why is this important? Systems are important because they reinforce activity. We’ve talked in … Read the rest
I was recently on Marsha Zidel’s radio show, The Business Edge (http://www.smartmovescoach.com/business-edge/), and she asked me an interesting question about culture. It opened up some thinking and reflection on culture and why it’s so important. Culture is the life blood of your business. It’s what makes you, you. It’s what distinguishes you from others.
In marketing, we’re all looking for … Read the rest
We talked before about the fact that you want a well written LLC agreement, even if you have a single owner company. You want to make sure your LLC agreement has certain key things in it. You want to make sure that it’s protecting you.
What have we seen? We’ve seen cases where people have fought over the ownership of … Read the rest
All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.
