Our FOCUS event this month will highlight the impact of the new tax law changes for your business. I cannot speak with any authority on that topic, but, in my opinion, the tax changes simply highlight the importance of strong financial stewardship of your business. We spend a lot of time as business owners focused... View Article
In 2014, my family had a once in a lifetime opportunity to live abroad for a couple of years. When my husband first presented this idea, my immediate response was, “Yes!”. Following that first reaction, we had numerous discussions of how this change would impact Equinox. At that time, I felt I had a good... View Article
As we wrap up the year, I’m trying to stay focused on the important planning tasks for 2018. I’ve been learning about and have begun implementing a program over the past year based on the book “Scaling Up” by Verne Harnish. The program’s core pillars are People, Strategy, Execution and Cash with each pillar leading... View Article
We know that hiring, mentoring and growing employees can be one of the best parts of owning a business. These folks become like family and it feels great to be able to help them achieve and grow. However, we also know that having employees is one of the most challenging and risky parts of running a business. For... View Article
Your business is doing well – it’s moving along, growing, expanding to serve new clients and markets. You have a professional services team – a business law attorney, CPA, insurance broker, and banker – and contact them when you feel you need their help with something. Sometimes your instinct tells you that you probably should... View Article
Planning for next year is daunting. Each year, we know it’s time to create that budget, think about what we’ll do differently, and make sure we’ve got the processes and people lined up to do what needs to be done. But planning doesn’t have to be all at once. Some things have a year-end deadline,... View Article
Many of us, when starting our businesses, were testing the waters. Rather than taking the plunge, we put a toe in. “Will this work?” was the baseline. We might even have had a sense of what the answer to that question looked like — what was the “success” that would drive us to keep it... View Article
Planning is always a critical part of starting a business. As the business grows, though, many find that the daily operational demands and “firefighting” take over. Even when time is set aside for planning, the time is often encroached upon by other work that seems more pressing. Business owners realize the importance of the plan... View Article