One of the early-developed lean tools, developed in the 1930’s, is The 5 Whys. It is a problem-solving technique developed by the founder of Toyota Industries Corporation, Sakichi Toyoda. It's also useful for solving your business problems, regardless of your industry.
Companies using a calendar year to do their financial statements need to take this time of the year to do budgeting for next year. Budgeting? Why would a company need that? Just do their thing – sell and hope for the best? That’s NOT a good way to run a company. Not good at all. All the big corporations budget everything – sales, expenses by category, cash flow, etc, etc. And, they do it on a quarterly basis. Why? One, they want a target that they believe they need to hit and so they then plan what they must do to hit that target. And, secondly, they use it for accountability – to measure the performance of each subsidiary or department that fed their budgets into the overall budget. Planning and accountability.
Join us for this hour-long session solely dedicated to answering your questions about rural business ownership. Read more
Some people predict a recession is coming, while others dismiss the notion since the nation is essentially at full employment. But many small business owners are worried a recession is looming.
In this webinar you will learn about the small business grant landscape, the different types of grants, what you should consider and how to apply for funding. Read more
In celebration of AAPI Heritage Month we are joined by three speakers who will be sharing tips, strategies, and information that can help grow your business. Read more
Like many business owners, you may wonder the purpose of business credit.
Attend this session to obtain insights on securing capital for your small business and an overview of the pertinent SBA programs. Read more
The entrepreneurial journey is a difficult one. In this presentation you will learn how to sustain business growth and find new opportunities. Read more