Help! My Business is Growing

Help! My Business is Growing

If you have a business that's growing and you're both excited and terrified at the same time - this is a podcast for you! You'll get actionable advice on how to grow a business in a way that is healthy and sustainable.

Episodes

September 13, 2024 40 mins

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Your small business is poised for growth, but lurking legal risks could derail your success. It’s easy to get caught up in the excitement of growth and overlook the legal side of things. From employment laws and tax codes to those contracts that seem clear until they aren't, any of these can lead to expensive and time-consuming disputes. 


So, how do you make sure your business is ...

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Great businesses thrive by investing in their people. When companies face tough times, it's often due to a lack of workforce development. 

If employees don't feel supported or aren't given chances to grow, it can lead to demotivation, higher turnover, and team dysfunction.  

So, what is workforce development? How does it function, and how can you implement ...

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Employee retention lies at the heart of every successful business. It's the lifeline that keeps productivity high and morale even higher, making your team feel valued and appreciated, and motivating them to do their best. 


Yet, many companies struggle with keeping their best talent. Even businesses that seem great on paper often face high turnover rates. So why is it becoming hard...

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When your financial records are not accurate or organized,  it can lead to poor decisions, financial problems, and stunted growth.

So how do you keep your books clean? What should you look for in a bookkeeper and accountant? And how do you make sure that your financial records are accurate and up to date?  

In this episode, Jennifer Yousem and I talk all about the challenges of messy account...

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Expense management is a must for any business.  Every dollar spent can either contribute to your growth or drain your resources. And while it seems like a simple thing to do, many businesses struggle with it -  causing bigger financial problems down the road. So what can you do to avoid this in your business? 


In this episode, John Krebsbach and I go very deep into effective expense ma...

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Transforming your construction business can be a challenging yet rewarding process.

Is it time to scale up? Well, you've got customers to deal with, suppliers to find, building codes to follow, and a team to keep on point. 

All these moving parts directly affect your finances. Things can get chaotic fast, and if you neglect any of these areas, it can really hurt your...

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When people talk about business innovation, the top of their minds is new tech or new products.

However, small business innovation particularly, is so much more than that.  


It's also about fresh ideas, seeing things from a different perspective - including how you use your products, making smart choices, and strategic growth. 


So what does innovation look like in sma...

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Running a business can be very stressful, as you may already know.

When stress kicks in, it can impact both your body and mind, affecting how well you work. 


If it’s not managed, it can lead to loss of focus, missed opportunities, and even burnout, which can prevent your business from growing. 


The good news is, there's a simple yet effective way to manage stress call...

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For your business to grow, you need a recruitment strategy or recruitment process in place to get the right team in place.


If you don’t find the people that can best fit your business needs, you might end up with higher turnover and lower productivity, making it harder to hit your goals. 


So what can you do to get it right?  

You can optimize your job listings, cultivate the right c...

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Workforce planning is a vital strategy for your growing business. 

It makes sure that you have the right people fill the right roles at the right time. 

But applying workforce planning concepts to your operations might be challenging, especially if it's something you've never had in your business before. 

So, what exactly is workforce planning? 

How does it integrate into your busine...

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In the world of successful businesses, effective leadership alignment is crucial. When a company succeeds, it's often because its leaders make sure that everyone in the company understands, agrees, and works together to achieve its goals - that their strategies match the overall vision and objectives. 


This alignment fuels growth and success. However, when it's missing, peopl...

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When your business becomes a victim of financial fraud, specifically check fraud, it can be a total nightmare. Not only will you lose money but you'll also lose time in trying to track it down, closing your account, and talking to your bank, lawyers, and the authorities. 


Depending on the size of the theft, it can affect your operations. You may not be able to pay your employees a...

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When hiring for a new position, it's crucial to get it right.  Hiring mistakes can be costly and disruptive, affecting productivity, team morale, and your bottom line. Making the wrong choice can also mean wasted time, resources, and opportunities for your company to grow. 

But how do you avoid making hiring mistakes? 

What are the red flags to watch out for? 

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One of the most creative and simple ways to grow a business is by taking the Appreciation Marketing approach. It’s a strategy that can help you strengthen your relationships with your customers by showing your appreciation and that you genuinely care about them. 


It's a common problem in many businesses. You might just be too busy to stop and take time to acknowledge your customer...

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When your business grows, expect to get busy. But what happens when there is just too much on your plate? You might need an Executive Assistant (EA).


It's a pivotal role within the organizational structure, providing crucial support to CEOs while helping steer the company toward success. 


So how do you go about hiring one?


What do they do?


Do you really need one?


H...

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If your small business is currently growing, it might be time to professionalize your operations. 

The tools and methods that worked when you started may no longer work for you now that you're expanding. 


Without upgrading your ways of working, your business can fail. Inefficient processes and disorganization can hold you back, allowing the competition to leave you behind...

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Feeling the pressure as your business grows? 

 As you expand, expect to face new hurdles: Your old framework might no longer be the right fit. 

You'll need to build an executive team while streamlining your processes becomes crucial. And what about succession planning? Who takes over the reins when you step back? 

And if that's not enough pressure, you ...

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Is your business missing out on valuable customer feedback? 


Without it, you won’t know what they want or even feel about your business.


You’ll be operating in the dark, making decisions based on assumptions rather than data. 


If you’re also not taking the time to do any customer research, you won’t get to know their needs and pain points. This could lead to missed opportunitie...

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Change is part and parcel of running a growing business.


But with change comes resistance, disrupting operations and creating hurdles that can strain your workload and more importantly, your finances.


So what can you do to manage change effectively?


Are there specific steps to take that will guarantee a smooth transition? 


And most importantly, how do you get your team to e...

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Struggling with poor performance in your business?  Whether it's employees always running late, missing deadlines, or failing to meet expectations, it’s stressful and will eventually affect your bottom line. 


So, what's causing all the chaos? Is it a communication breakdown? Are there gaps in your onboarding processes? Or are your leaders not stepping up? 


Discovering the...

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