Why Credit Scores are on the Rise

Why Credit Scores are on the Rise

Effective July 1, 2017, three of the major credit-reporting companies began following improved standards that will cause some credit scores to rise. As part of the National Consumer Assistance Plan (NCAP), TransUnion, Experian and Equifax are no longer including information about tax liens and civil judgments on a consumer’s record if the data doesn’t include … Continue reading Why Credit Scores are on the Rise

5 Tips for Setting Goals

5 Tips to Setting Goals

It’s no secret that those who are successful in business set goals. It’s easy to get lost in the day-to-day shuffle of business operations, but goals can help you stay on track, measure progress and get to the next level. Maybe you want to increase profits, improve customer service or launch a new product. Defining … Continue reading 5 Tips for Setting Goals

Writing a Mission Statement that Inspires

Write a mission statement that inspires

After developing your business plan, a mission statement is often viewed as next most important step in launching and sustaining a new business. Without an overall goal or philosophy, it’s easy to lose focus and forget why you established your business in the first place. While serving as a reminder to you, a mission statement … Continue reading Writing a Mission Statement that Inspires

Handing Over the Reins: How to Develop a Succession Plan for Your Business

Succession planning is defined as a process for identifying and developing new leaders in a company should current leaders leave, retire or die. While planning for such a big change can seem daunting, succession planning can also be “a great opportunity to maximize opportunities and create a multi-generational institution that embodies the family’s values and … Continue reading Handing Over the Reins: How to Develop a Succession Plan for Your Business

Strategic Planning Basics

The key to understanding a Strategic Plan is that one size does not fit all. You can’t buy it off the shelf, and there is not a template that meets all companies. Here are some fundamentals to consider when starting your strategic plan: What do you want to accomplish? What is the time frame to … Continue reading Strategic Planning Basics

Go for Gold

Watching an elite athlete or team perform phenomenally is certainly exciting and inspirational — but how feasible is it to simply apply winning approaches from sport to business? From my experience, I can see that there are clear parallels, but also some important differences. Uphold Your Values The three core values of the Olympic movement … Continue reading Go for Gold