The Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law on December 22, 2017. Some provisions have expired, some are set to expire in 2025, and others will endure through this year, assuming the TCJA is not renewed. An understanding of these provisions will be helpful as you navigate 2025 and do …
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If maximizing the value of your business is on your mind in 2025, you’re undoubtedly working to set and measure goals. Since you aren’t alone in this quest, we kicked off our first Exit Planning Peer Advisory Board meeting of the year with a focus on Key Performance Indicators (KPIs). The members of the group, …
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Reserve your spot today for the January 15 KPI Planning Session!! For quite a few years, I’ve facilitated an Exit Planning Peer Advisory Board (PAB) of business owner peers. Through those years, it has evolved significantly based on the needs of participating business owners. We’ve flexed our focus based on what companies prioritize and what …
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2025 is just around the corner and business owners are busy planning for a new year, again facing unknowns – politically, economically, and globally. Here are three critical elements of your business that deserve your focus. STRATEGY As you plan for the new year, take time to reflect upon what is at the foundation of …
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Whatever your business or its size, tracking progress against your goals can help you better understand where to focus your attention. Taking time to identify the critical levers that drive your business is the first step. Key Performance Indicators (KPIs) are measurable objectives that align with specific strategic goals for a defined period of time. …
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You’ve heard a lot from me recently about the importance of working ON your business – rather than just IN it – and setting aside time every week to do so. One of the best uses of that time is starting – if you haven’t already – and developing your exit plan. “Why?” you ask. …
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As business owners and leaders, we know that working ON your business (not just IN it) is the key to keeping your company on track, moving in the right direction, achieving success, and sustaining growth. It is easier said than done, but there are specific actions you can take to make this process a habit. …
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In my most recent blog we delved into Patrick Lencioni’s concept of “Working Genius.” Lencioni has identified six gifts, or talents, which are innate to individuals, regardless of their level of training or the positions they hold in a company. He advocates that these qualities are crucial to all businesses. In this blog, we take …
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The right skills and knowledge are obviously essential if job roles are fulfilled well. But according to Patrick Lencioni, author and creator of The Six Types of Working Genius, there is more required – that cannot be bought or learned – for truly excellent individual performance, which translates into success as a company. Lencioni has identified …
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As a business owner and leader, working ON your business – not just in it – is imperative if you’re going to keep your company on track, moving in the right direction, and reaching the milestones identified for your success and sustained growth. What does that entail? Working ON your business can be summarized as …
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