business plan Archives - Empowered Business Coaching

Tag Archive

Tag Archives for " business plan "

Solving the Profitability Epidemic in Surrey

There is a profitability epidemic lurking amongst manufacturing and trades businesses in Vancouver and the surrounding area. Although a large number of businesses are flourishing I have had the opportunity to meet with dozens of business owners of well established businesses who employ five to fifty people that struggle to break even. In many cases […]

Why Most Companies Plan to Fail

Remember when you started your business? You had a product or service that would serve the market better, faster or cheaper than the competition. You were in control of your destiny and the world was your oyster. As time passed the energy and enthusiasm began to dissipate. Things weren’t going as planned. You thought it […]

Empower Your Business with a Powerful Strategic Plan

Just imagine if everyone in an organization fully understood the goals they were trying to achieve. Like a team of horses pulling a chariot everyone would be going in the same direction. All their energy would be dedicated to reaching the desired destination quicker than they ever imagined. Every business or organization goes through occasional […]

Are “Shiny Objects” Distracting Your Business?

As business owners we have all received a phone call, a cold call visit or approached at a business function to get on a “great thing” or “shiny object.” These are opportunities that can distract us from the things we really need to focus on. It might be the “perfect” advertising medium. Or it might […]

Are “Idle Assets” Holding Your Company Back?

Many manufacturing, trades and technology companies are facing cash flow challenges due to “idle assets”. We all know that “Cash is King.” Without positive cash flow even a profitable company can find itself in peril due to liquidity issues. Idle assets in the company tie up cash but do little to generate cash flow or […]

Why Manufacturing, Trades & Technology Businesses Get Stuck

All business owners find their businesses get stuck in certain areas from time to time…or even all the time. Sometimes “sales” are flat and business owners just can’t seem to grow their revenues anymore. Lack of profitability is another common challenge. Even if your sales are growing, profitability (or lack thereof) seems to be stuck. […]