Building on his military experience, Brian Warren turned to the Small Business Administration's Small Business Development Center in Bangor, Maine, for help to buy the woodworking business owned by his father-in-law. Warren is planning to expand The Village Woodworker by hiring an employee and setting up a website.
Canned sales pitches aren't as effective as a personalized buying vision that speaks to a prospect's particular needs, writes Colleen Francis. "In this diversified market, the more expertise you give away for free that relates directly to buyer needs, the more likely prospects will find you," Francis writes.
Bosses micromanage people while leaders set vision and direction and let employees maximize their own talents, says leadership expert Scott Miller. Among the traits he cites in good leaders are emphatic listening and modeling the right way to treat people.
Change is inevitable in business, and if you want to limit the stress and apprehension of a leadership transition it's important to plan for succession, writes Wilford Stone, a lawyer at Lynch Dallas. He outlines some steps to take, including getting started now, being realistic, performing due diligence and minimizing any potential tax liabilities.
Remarkable leaders are like hot air balloons that rise above conflict or like gasoline that can spark a team's passion for success, writes Dan Rockwell. Good leaders don't "follow the example of others," he writes, but rather "blaze the trail" relentlessly.
Companies are changing how they view their bottom line to include the impact of employee wellness and how it can positively affect success through recruitment, retention, productivity and engagement, writes Sandra McCarthy of OneAmerica. Focusing on an employee's financial picture -- by adding benefits such as health savings accounts, student loan assistance and financial planning -- can help position workers for financial and overall wellness, which are strongly connected, McCarthy contends.