The office of the CEO can be one of the loneliest places in the world. As Harry Truman said: “The buck stops here.” The CEO is ultimately responsible for everything that transpires within the business, whether success or failure. As the CEO or owner of a business, you often find yourself faced with questions, issues and situations that you never expected, that you cannot delegate and that demand a thoughtful response in short order. What if you had a resource that you could turn to for some level of guidance or insight when you need it, or even support, if necessary? One option you might consider is creating an advisory board. An advisory board is a small group of peers that comes together on a periodic basis to provide you with some feedback and perspective on the issues that management is facing. Even if your company does not have a formal board of directors, it can benefit from the involvement of an advisory board. What are the benefits of such a group? (more…)

Sometimes the thought of approaching strategic planning can be intimidating. After all, there are constant pressing issues that call for our attention. That being said, there is never a better time than the present to put a plan in place. Let’s look at three simple steps to put a plan in place. This is a simple way to develop an effective strategic plan and drive it down into effective tactical actions. (more…)

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What’s Your Plan for Expansion

Many early-stage companies seek outside investment capital in order to grow the company through additional infrastructure – both physical and human resources. I have met many companies through the years that eagerly sought funding and could explain why they deserved funding. (more…)

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What a company should look for in an outside investor

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Is Your Management Team Focused

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Creating a Positive Culture

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Building Your Leadership Team

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Forecasting the Future Preparing for the Inevitable

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Raising Capital is often a grueling, time-consuming process