Ten tasks to tackle in the next two months

Halloween officially reminds us that only two months remain in the year. Yet those in Entrepreneurial America know that now is the time to get things done for a great year end. Focus returns to achieving goals set at the beginning of the year.

Two months is plenty of time to turn things around and make your numbers before the end of the year. Here is the recipe for doing just that.

First, get employees back on the regular schedule. Summer and ...

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When Stubborn Becomes Stupid

This is a true story of a business I advised. It illustrates that sometimes being stubborn, an oft-admired trait in the business world, often leads to unexpected and unintended consequences.

The company, a family business, had been around for a number of years, in a mature industry. It had grown big enough to survive economic ups and downs, yet its saving grace was its business model. The company signed long term contracts with clients, who in turn sold to consumers.

When this ...

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If you’re having trouble recruiting people, make it a priority

How can a company deal with a severe labor shortage that has slowly been creeping up over the last few years?

Keep in mind that the cost of turnover has been determined to be anywhere from 1.5 to three times the salary of the departing individual. That does not include the “downtime” that the company will have to deal with the vacancy, nor does it include the “ramp up” time needed for an individual to learn the job and the company ...

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