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How Do I Manage People in Areas I Don’t Know Well?

I’ve been put in charge of overseeing four different departments, including two in which I have no expertise at all (IT and communications). Luckily, those departments both have competent managers (who each report up to me), but what should my...

Build Your Own Business (Without Quitting Your Job)

Almost 18 million Americans identify themselves as independent workers, earning regular income without working as a regular employee, according to a study by MBO Partners. Countless others own small businesses. In fact, some experts say that...

Kickball, Yoga and You: Investing in Employee Wellness

For small-business owners inundated with the tasks of expanding, employee wellness is often far down the list of things to consider. But whether you have five employees or 5,000, paying attention to workers’ general health and helping people...

The Dirty Little Secrets of Client Contracts

As business owners, we all know that we need client contracts. But sometimes, we don’t always know why or what needs to be in them. As a result, we either avoid working with a lawyer, or we just find a generic contract online, modify, and end up...

My Toughest Business Decision Yet

As I sat there and listened to my mentor, I felt like she was asking me to cut off one of my own arms. She suggested that my business had grown to a point where I could no longer afford to offer two things I was passionate about. If I wanted to...

Why New Businesses Fail (and How to Beat the Odds)

Have you ever met a new entrepreneur? Passion and determination just oozes out of them, along with a “no one can stop me” attitude.  I love their energy and excitement, but I enjoy their giddiness with a grain of salt. I’ve worked with new...

The Secrets to Successful Delegation

Got a workload that just won’t quit? Feeling buried under deadlines and meetings? It’s probably time to dole out some of your work. But don’t think of it as passing the buck or cutting corners. The delegation of authority is the cornerstone of...

Graceful Exits: The Right Way to Leave Your Business

As much as planning for retirement can be a complex and confusing process for working Americans, it’s a whole other ballgame for those who are small-business owners. Not only do they have to manage their company’s day-to-day operations, develop...

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