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.
The Small Business Administration has some key changes to the Paycheck Protection Program (PPP) to ensure America’s smallest businesses get exclusive access. Read more
This event will include educational presentations and panel discussions that help both new and existing businesses to recover, adapt and innovate. Read more
Discover Google Workspace tools that can help you work and manage your small business remotely. Read more
Join this conversational webinar about continuing patterns, new small business trends, and the biggest changes that will impact your business this year. Read more
Learn how to be attractive to lending partners, funding options to consider, develop your business pitch to smartly leverage financing options to grow your business. Read more
In recognition of National Volunteer Month, CEO of SCORE Bridget Weston and SCORE Certified Mentor and District Director Ed Coleman share their expertise. Read more
How soon will the economy return to pre-pandemic levels? What are the latest small business jobs figures? Get the answers to these questions and more. Read more