small business

Home/Tag:small business

Ask Mackey Episode 4 | 2018

By | 2018-04-12T15:21:45+00:00 April 11th, 2018|Categories: Business Wise|Tags: , , , , , |

It is easy to talk about accountability and responsibility when it relates to others.  When you turn the mirror on yourself, it can be painful. Our cultural norms are to look outside of ourselves.  For validation, for blame, for comparison, for finding our place in the world.  But the power shift comes when we begin to [...]

Holding Yourself Accountable

By | 2018-04-05T19:06:14+00:00 April 4th, 2018|Categories: Business Wise|Tags: , , , , , , |

It is easy to talk about accountability and responsibility when it relates to others.  When you turn the mirror on yourself, it can be painful. Our cultural norms are to look outside of ourselves.  For validation, for blame, for comparison, for finding our place in the world.  But the power shift comes when we begin to [...]

What’s The Value?

By | 2018-03-27T16:28:01+00:00 March 27th, 2018|Categories: Business Wise|Tags: , , , , , |

We are a society obsessed with finding a “good deal”, which is why customers today place such a heavy emphasis on pricing. This leaves the business owner with plenty of questions: What should I charge? What profit will I achieve at $x price? How much is too much? Pricing has traditionally been reliant on a more [...]

Is It Your People or Your Process?

By | 2018-03-14T14:29:10+00:00 March 14th, 2018|Categories: Business Wise|Tags: , , , , , |

When there is a problem with quality, timeliness, or efficiency in a small business environment, it is often thought of as a people problem. I believe this is due to the fact that many small businesses have one person per role. There aren’t enough data points for an owner or leader to know the system is [...]

Analyzing the Good Stuff

By | 2018-03-21T20:13:04+00:00 March 8th, 2018|Categories: Business Wise|Tags: , , , , , |

When I set a clear intention, the universe always conspires with me to help me create it.  That’s the good news.  The other news is the help often comes where I am least expecting it. At Mackey Advisors we have been on a path of learning how to see our services through the eyes of our [...]

Cash Is King!!

By | 2018-02-22T21:20:07+00:00 February 22nd, 2018|Categories: Business Wise|Tags: , , , , , , |

“Cash is King” is an expression that is widely used in analyzing businesses.  Why is it something that you, as a business owner, need to manage?  Well, without cash you could not do the things required to stay in business, for example, purchase inventory or pay your employees. A lot of business owners only concentrate on [...]

Change is Hard. 4 Ways to Make It Easier

By | 2018-02-21T15:07:31+00:00 February 20th, 2018|Categories: Business Wise|Tags: , , , , , |

My favorite W. Edwards Deming quote is “It is not necessary to change. Survival is not mandatory.” If you work in an entrepreneurial business like I do, then you know that change is a constant. Some changes are big, like adding a new service offering. Some are small, like leveraging an existing technology to streamline a [...]

Get Rhythm? Why Rhythm is as Important as Accuracy in Your Financial Reporting

By | 2018-02-07T22:04:36+00:00 February 7th, 2018|Categories: Business Wise|Tags: , , , , , , |

Do you want to meet or exceed your company goals?  Then you have got to Get Rhythm! Johnny Cash sang about rhythm in his famous song, Get Rhythm.  It starts out, “Get Rhythm when you get the blues.”  Even better, get rhythm and avoid the blues! I have always been a proponent of setting big goals. [...]

It’s About More Than Taxes

By | 2018-01-24T18:30:44+00:00 January 24th, 2018|Categories: Business Wise|Tags: , , , , , , |

It is officially everyone’s favorite season of the year. No, I am not referring to one of the traditional four seasons; I am, of course, referring to tax season. It seems that every time tax season comes around, people tend to go into a frenzy. A slew of questions always arrive at this time. “How much [...]

Ask Mackey Episode 1 | 2018

By | 2018-01-10T18:39:10+00:00 January 9th, 2018|Categories: Business Wise|Tags: , , , , , , |

 The New Year is a natural time for reflection and goal setting.  Perhaps 2017 was so exciting you raised the bar on what you now believe is possible.  Or perhaps 2017 was filled with challenges and you are relieved it is over.  Regardless of your experience, the turning of the clock gives you a chance [...]