Originally Published: November 15, 2021 for Chauffeur Driven Magazine Question: I’m not sure how to plan realistic business goals for the future. I’m almost at “what’s the point?”. The past year and a half have been so unpredictable. Expectations...
Key Performance Indicators - what does that mean? Why should business owners set up, track, and review Key Performance Indicators - also known as KPIs for their business? It's no secret that with a new year on the horizon comes...
We lack of organizational structure. Not everyone can be a manager. We might not recognize lead candidates — I’m not sure what a lead is, anyway. I don't know how to delegate without giving up control. I can’t leave unless...
The good news is we’ve been growing. But we’re operating a company of 50 employees the same way as we worked when we were 20 employees. We're ready to do things better as we continue to grow. We want to...
We recently had a manager out for training when employees slacked off. How do we deal with employees that slack off when we count on them to get the work done? Their underperformance affects us all. Thoughts of the Day:...
How much can we produce without adding another shift? We want to keep up with customer demands. What is our shift capacity? We don’t have anything figured out for the night crew. When should we consider doing this, and what...
SoqualThings got behind in production and we’re trying to catch up. Can you give us any suggestions to help fix production delays? Thoughts of the Day: There are lots of contributors to the backlog. Take a look at which equipment...
My partner is bogged down with estimates. We spend too much time estimating and the payoff is low. Without a detailed estimate, we don't know the job cost to quote to make a profit. We need to focus on...
How to manage cash flow when cash is short. Cash is tight. Makes it hard to plan the next three to four months. We’ve been making money, so I don’t understand. And I’m worried about what comes next, in case...