Support is critical for your small business survival. You may shy away from the thought of having an advisory board to guide you through your rough spots, but having a group of professionals who are willing to be your sounding board can mean the difference between success and failure.
Your board should be made up of seasoned professionals in non-competing businesses. You should:
- Select three to five members who can fill in the gaps. Include people unrelated to you who can take a broad view of your business and are willing to suggest changes. Zero in on people who have skills you lack. Find members who can be objective and frank with their advice.
- Set a date. Meet at least once a month to review your progress and obtain feedback. Be prepared with financial statements and actions completed since the last meeting. Be organized. Don't waste your board's time. Pack light on discussion topics so you can pursue issues deeply.
- Act on your board's advice. If you find yourself procrastinating about commitments you've made and actions you've agreed to take, dissolve your group. Members will quickly lose interest if they see no added value in the commitment they've made to help you and your business.
Denise O'Berry helps small business owners take action to grow their business. Find out more at http://www.smallbusinessmatters.com
disinfecting cleaning services Buffalo Grove ..There are many choices when thinking about a small business... Read More
On Monday the Department of Corporations in California revoked franchise... Read More
In the heavy equipment cleaning business you can make good... Read More
IntroductionIt is widely recognised that Email and the Internet is... Read More
Q: I really want to start my own business, but... Read More
When is advice free and when should you charge for... Read More
Canon City, Colorado is known for it's 6 Prisons; State... Read More
E-mail and Internet use are integral parts of the typical... Read More
Before you want to build your business, you need to... Read More
After over thirty years advising small business it still comes... Read More
One of the simplest ways to expand your marketing efforts... Read More
Why does research and education play an important part of... Read More
First, we need to define the different kinds of skip... Read More
It's just like a marriageTo expect a bank manager or... Read More
If you've been considering incorporating your small business, you've probably... Read More
The Operations Plan is a critical component of any business... Read More
To wash an airplane there are many items you will... Read More
To get approval for your small business loan application, you... Read More
-- The One Pager Shortcut Series --People do business with... Read More
There's been a recent rise in the number of elderly... Read More
When pressure washing heavy equipment each piece of equipment has... Read More
I frequently give presentations at small business gatherings, providing me... Read More
The FTC, Federal Trade Commission, is considering modifying the franchise... Read More
How is your pipeline structured?I assume most of you have... Read More
Who is responsible for maintaining the business relationship?Nurturing a business... Read More
spotless home service Arlington Heights ..A recent survey showed that only 28.7% of small business... Read More
When does your ego get in the way?Let's go back... Read More
Canon City, Colorado is known for it's 6 Prisons; State... Read More
Winning small and home based businesses today must continually shake... Read More
Time. As a small business owner, it's the commodity you... Read More
Small business owners often enter their field with great expectations.... Read More
In a world full of complications sometimes we overlook the... Read More
It's a strange anomaly.Most people who set out to start... Read More
As stability emerges in the Middle East there will be... Read More
Due to the over regulation in the Franchising Industry and... Read More
SBIR Corner: FFP vs. CPFF contracts:In the SBIR/STTR world, the... Read More
Owning a small business in Wichita, KS might not be... Read More
"Inch by inch, row by row...that's the way my garden... Read More
Some marine biologists feel that the concentration of dead marine... Read More
How do you find groups that are in need of... Read More
Here is an interesting case study of a company, which... Read More
Yes, that IS security when nobody can downsize you because... Read More
One of the most common issues that comes up for... Read More
CONSIDERING COMPANY NEEDS: In identifying your needs for the internship,... Read More
One of the great challenges for independent professionals and small... Read More
Everyone wants to succeed in life. Most people want to... Read More
You make the decision to go into business and for... Read More
Sacred cows take a long time to die. We get... Read More
Here are just a few ways to increase and diversify... Read More
Nothing can drive a business down faster than customers who... Read More
Small Business |