As I travel around the country and work with small business owners, I have realized that there are certain limiting factors in the small business marketplace that are universal in nature and fairly commonplace. Those are self-inflicted wounds.
The Strategic Business Blog
When experiencing a business slowdown, many small business owners are left scratching their heads without an idea of what or how to take advantage of the situation. Whether it’s from an economic recession or downturn in a marketplace, the impact on a business can be difficult to handle.
A couple common questions we hear from court reporting firm owners are:
It’s very typical that small business owners are sometimes reluctant to communicate with their employees & staff when they don’t have good news or they don’t know exactly what to say. It could be related to any number of issues they are dealing with at the time:
The transition from a court reporter to a firm owner is more difficult than it may appear at first. The majority of court reporting firms are owned by former court reporters that had an opportunity to purchase the company from the other owner at some point previously or those who decided to start their own firm. It shouldn’t be that difficult, should it?
Many times, small business owners develop attitudes over a long period of time that hurt them and their underlying businesses and they don’t ever realize it until it’s too late.
Much of creating a championship company culture has to do with the values and attitudes of the business owner, manager or leader in a company. When creating a company culture, it is important to decide what type of culture or environment we want to create and what values and attitudes are important in creating that culture. Once the values and attitudes are decided upon, it is absolutely essential that the business owner(s), along with the managers and leaders in the business, commit to living out those values and having the right attitudes in everything they do at work.
Topics: Company Culture
When considering how to increase sales, the term “SALE” may be interpreted different ways by different sales people. Do your sales people have the same values and attitude behind a sale that you do? Do they go about achieving sales in the way you want them to? How are they defining a sale?
How is organizational structure of your business working for you? In most cases, when a business owner starts their business, they don’t set out to create one organizational structure or another. They just go into business and start working hard every day.