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When your business is small enough to keep the critical financial measures in your head, do you really need to invest the time and energy to prepare a written budget? A few simple calculations can go a long way towards increasing profitability. Read More

The gamer generation is changing how we train and motivate in the workplace, whether Baby Boomers like it or not. In a recent survey of 20-something employees, the majority said that they expected a promotion in the workplace at least every two years. Most surprising to business owners, however, wa Read More

The South Texas region has an unemployment rate of somewhere between 5.2% and 5.8%, depending on exactly where you are located. Employment in certain highly desirable professional technology occupations is officially over 100%. With all this opportunity, why isn’t Texas seeing even more migration f Read More

Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur celebrates the differences that drive entrepreneurs. It is filled with the stories of real business owners who overcame real challenges; including those that accompany success. Read More

Using your authority to overrule an employee who legitimately disagrees is the worst way to solve the problem. His or her decision may not even be wrong, it just doesn’t fit what you want for your business. Explaining why you chose another course of action may take some time... Read More

Many small business owners are proud to provide health insurance for employees. One facet that has received little attention is the effect of “universal” care on the employer/employee relationship. If everyone has insurance, what will take its place in the quest to attract good workers? Read More

Why do employees have to “rest” after accomplishing a goal? When most human accomplishment required manual labor, taking time to recuperate after a final push, whether it was harvesting a crop or competing a building, was a natural way to physically recharge before starting another project. Read More

Is mentoring a special process, or is it merely a teaching role? Most of us teach our employees on an ongoing basis. On the most basic level, we want them to learn the processes and systems to do the work in our companies. We communicate our core values and visions for our businesses. We develop th Read More

We refer to many different types of payments to employees as bonuses. They range from very modest amounts paid for specific activities to substantial components of a worker’s total compensation package. Often the term is misused which leads to confusion on the part of the employee. Read More

Many business owners don't understand the multipliers and multiple that give a small business its value. Valuation of a small business is a combination of art and science. No two small companies are alike. A multiple of profits or cash flow is only the starting point. Read More