Small Business Blog from Atlantic Canada

Business is a team sport. Or is it? Or at least that’s what I thought until I got a wakeup call. I take up an assignment at an organization with the sole motive of making a profit. However, I always keep in mind the client is the reason my organization is in existence. Isn’t it logical that if my client is making money my organization makes money and I, in turn, will make money? I realize that I can only profit if my organization profits. And I will do whatever it takes to ensure the organization profits. That is my motivation. I am not saying you give up your ambition or your goals for the good of the company. No, I do not preach altruism. But I do encourage symbiosis. You will best serve the company if your profit goals are aligned with those of the company. In today’s fast paced business world, no one can do everything.

Have fun and work smart. Money will follow. When it’s not fun, move on. Take risks but do not gamble. I am having fun at what I do helping small businesses execute their BHAG. Money has never stopped me from helping any small business. But I find that it follows. So do not make the money the end goal. The end goal is what you are passionate about. Just do it. Your passion will take you places and money will follow.

Attitude is more important than skills, talent, experience, education or intelligence. Attitude determines your perception towards yourself and towards others. Attitude determines if your business succeeds or fails and that’s applicable to your life too.

Relationships drive your business. Nurture them and your business has a fighting chance. The key to your long-term success is your ability to connect with other people. Your small business may not have the financial muscle to have a large marketing campaign. Did you realize your clients, your suppliers, vendors and financers are your network too? Business consulting in Halifax Nova Scotia Canada

Conflicts are an inevitable part of any relationship - be it with your colleagues at work, spouse or children at home or with friends. However, the outcome of conflicts depends on how you deal with them. - Small business consultants in Halifax Nova Scotia Canada

We all know the routine in large publicly held organizations. The board helps in the recruitment of a CEO. This individual is answerable to the board and the shareholders of the company. Profit maximization is the goal

If you are an employee in a small business and are facing any of these situations - run. Get out because you will not perform to your potential. If you are an individual considering joining a small business, look out for these signs. There are other small businesses out there that are managed better. It is a pleasure to work for such small businesses, but keep away from small businesses with the above traits. If you are a small business owner and see a resemblance of your actions, you are destined to remain a small business. Or worse - fail. Perhaps you may grow in the short term. But business is about sustainability. What is the point of growing when you can’t sustain it? The point is not what English you use. The point is how you treat your employees.

Are you are a small business leader who feels you should know the answers to all your organizational problems? Having a leadership position does not mean you have all the answers.

I have only recently started blogging. It has been a struggle to write diligently over the last two months given my other commitments. I am not sure how I am doing as a writer, since I get few comments, but I am not complaining. I would rather get one or two quality comments that spread [...]

Before we even go further let us have a look at the definitions of “effective” and “efficient”.
Efficient: being effective without wasting time or effort or expense; able to accomplish a purpose
Effective: producing or capable of producing an intended result or having a striking effect
See the difference? Simply put, effectiveness is doing the right things and [...]