When you first start a business you are both the president and the janitor. As long as you are doing most of the work, management is easy. Once the business grows to a point where you can’t do it all by yourself anymore, having strong management skills is what separates the highly profitable from those businesses that fail or are just getting by.
Unfortunately, most business owners have little or no training or experience managing a business. I use myself as an example. I was a good CPA when I started my business, but I really had no idea how to manage a CPA firm. I had to learn on the job.
How important is this? If I had to start over in a new city tomorrow, I am convinced that I could grow my business back to this point in about five years, rather than the 28 years it has taken. This is the power of learning how to manage your business. It is also the only way to grow a successful business, which is why many business owners end up failing when their business grows. In this video I review the common management mistakes I have seen.
Before you do anything else, why not join The Profit Maximizer Club on FaceBook. This community is designed to help each other grow their profitable dream business. Click here to request to Join! (http://bit.ly/SmartProfitCommunity)
.
In this group you may feel free to message me directly if you have a question or need help. I am a CPA that has been working with small business owners since the late 1970’s. There is a very good chance that either my clients or I have faced your problems before and I can help you avoid our mistakes and repeat our successes.
.
Be sure to check out my blog, “Small Business Profit Maximizer!” Where I share these videos and other ideas you can use to make this your most profitable year ever! Click https://wjb-cpa.typepad.com/ to go to the blog page.
.
Also click on www.thesmartprofitmaximizer.com for our online coaching courses including the following free courses:
• Double Your business profits in 30 Days
• Turn to your customers when you need cash now
.
Finally, if you have a question or wish to talk to me you can email me at Wayne@wjb-cpa.com or call my office at 915-857-8158.
.
Thanks so much and let’s make this our most profitable year ever!