Many privately held companies look great on paper. Sales are steady, customers continue to buy, and operations are moving forward. But many owners sense an undercurrent of frustration. “We work hard, but the numbers don’t reflect our effort. Why aren’t profits stronger?”
Continue reading “The Silent Profit Drains No One Talks About, and How to Find Them”
Welcome back to our series on Navigating Business Decisions, a study conducted in collaboration with Kent State University students. I’m Grace, founder of LaConte Consulting, and in this post, I’ll walk you through how we conducted our study, what methods we used, and how we ensured meaningful insights from our research.
Continue reading “Behind the Scenes: How We Conducted Our Business Study”
Running a business is filled with challenges, and the decisions business leaders make today shape their long-term success. To gain deeper insights into how business owners navigate critical choices, we conducted a survey of 53 business leaders across Northeast Ohio, supplemented by in-depth interviews with seven seasoned entrepreneurs and executives.
Continue reading “Insights from Northeast Ohio Business Leaders: Decision-Making, Strategy, and Success”
It’s really challenging to navigate critical choices in today’s rapidly changing environment, isn’t it? Economic fluctuations, workforce challenges, and unexpected market disruptions put business leaders under increasing pressure to quickly decide how to proceed. That’s why I launched a project to explore the decision-making processes of business owners in Northeast Ohio.
Continue reading “The Purpose Behind Our Study of Ohio Businesses: Why This Research Can Help Your Company”
Navigating critical choices is extremely challenging in today’s rapidly changing environment. With economic fluctuations, workforce challenges, and unexpected market disruptions, business leaders are under pressure to make critical decisions. That’s why I launched a project to explore the decision-making processes of business owners in Northeast Ohio.
Continue reading “Why Business Decisions Matter: Key Insights from Northeast Ohio Leaders”
As a business management consultant, I’ve had the privilege of collaborating with many types of owners to uncover problems and create healthy growth in their businesses. One common problem I see in companies of all sizes is profit leakage — areas where money is steadily flowing out of the company, unnoticed and unchecked.
To help owners and leaders identify these silent leaks, I developed a method to pinpoint the sources of profit loss.
Continue reading “The Dirty Dozen of Profit Leakage”
Ohio’s success depends on the hard work of its business owners, employees, and community leaders. As a native Ohioan, I saw this dedication first-hand in visits to all corners, from Lima to Coshocton and from Xenia to Ashtabula.
The state of Ohio has remained important to me as I watch how cities like Cleveland, Akron, and Zanesville showed incredible resilience and growth despite many challenges. Now I am excited to be part of an exciting project that taps into that strength—the Northeast Ohio Business Survey.
Continue reading “Introducing the Northeast Ohio Business Survey”
Running a business often feels like a constant chase for profitability. Despite hard work from both you and your team, the expected profits might still fall short. One common but frequently overlooked reason for this is profit leaks. These are small, seemingly insignificant losses that, when combined, can significantly impact your bottom line. Understanding and addressing these profit leaks is crucial for maintaining financial health and ensuring long-term success.
Continue reading “Introduction to Profit Leaks: What Every Business Owner Should Know”
Recently I received a message from Mary in Dallas, Texas:
Continue reading “Paycheck to Paycheck and Trapped in an MLM”I found your blog, someone very close to me is trapped in an MLM – how
do I get her out? Please help. She is in SuperPatch Company and she
tells everyone she makes millions, I know for a fact her and her
husband live pay check to pay check.Please pass any advice.
Navigating the financial landscape is crucial for businesses in a variety of industries. From invoicing to payment processing, effective financial management sets the foundation for ongoing success. In this comprehensive guide, we’ll delve into the fundamentals of financial operations, common challenges business leaders face, and actionable strategies to enhance financial health.
Continue reading “Mastering Financial Health Across Industries: 7 Strategies for Sustainable Success”
