Image for teamwork by Michael Giuffrida

Is it OK to change the subject line in an email conversation after it is started?

Since email is not only used for communication but also for documentation, the subject line of an email is an important piece of the puzzle when filing and searching for information.  Often times, an email chain starts as one thing but morphs into something completely different once it gets rolling.  While I don’t usually recommend Read more about Is it OK to change the subject line in an email conversation after it is started?[…]

Image for Improvement by Michael Giuffrida

Do I really need to create a budget for my small business each year?

Let me start by giving you a resounding YES! Now I’ll explain why; When you started your business, you might have done a business plan with a 1/3/5 year projections.  This pretty document immediately got bound and left on the shelf so you could say you did it.  However when you actually started serving the Read more about Do I really need to create a budget for my small business each year?[…]

Motivation image by Michael Giuffrida

How can I use gamification in my company to increase productivity?

Creating fun and competitiveness in the workplace is not a new concept, but with today’s technology tools and systems, it has become more accessible and more real-time. For many years organizations have created contests for sales people to pit them against each other in hopes of increasing sales….because it works!  Sales people by nature are Read more about How can I use gamification in my company to increase productivity?[…]

Image by Michael Giuffrida about Finance

Know your numbers to be successful

When running a small business, it can be easy to get caught in the trap of assuming that if there is cash in the bank you are doing well and if there is no cash, you need to do better.  Unfortunately, there can be much more to determining how successful you are currently and in Read more about Know your numbers to be successful[…]

Image by Michael Giuffrida about collaboration

Seriously?!?! Get me off of this email chain!

I’m guessing everyone reading this has thought or said that at least once in their lifetime.  This is what I like to call the “Reply-All-itis” syndrome.  Particularly in business situations, it is important to know when to reply to all and when not to.  Here are some basic guidelines you can use: When Reply All Read more about Seriously?!?! Get me off of this email chain![…]

Image by Michael Giuffrida about Finance

What is the difference between accrual and cash basis accounting?

For many small businesses, the consideration of whether to use cash or accrual basis accounting never even comes up as the difference between them is unclear and they leave it up to their tax accountant to decide.  However there are significant advantages and disadvantages to each which should be considered not just for tax purposes Read more about What is the difference between accrual and cash basis accounting?[…]

Image by Michael Giuffrida about collaboration

Disconnect to build better work relationships

Technology is great.  Without some of the tools we have today such as smart phones, tablets and laptops, we couldn’t do half of the things we do everyday or be able to do them at our own leisure.  However, even though we are all aware of the presence of technology while in meetings and while Read more about Disconnect to build better work relationships[…]

Image by Michael Giuffrida about Implementation

What should I do about telephones for my business?

There are lots of options for implementing a telecom strategy for your business with today’s technology.  There was a time when picking your phone number and deciding your initial telecom strategy was daunting because if you every moved your office to another town or went from one system to another all of the history with Read more about What should I do about telephones for my business?[…]

Image by Michael Giuffrida about Implementation

How can I empower my employees to make decisions that will be in alignment with my thinking?

When you are operating a small business you can not be everywhere at the same time. Because of this, if you want to grow and scale your business you will quickly need to figure out how to empower your employees to make decisions so you are not a bottleneck to your own growth.  While this Read more about How can I empower my employees to make decisions that will be in alignment with my thinking?[…]

Image by Michael Giuffrida about Finance

When should I look for bank financing for my business?

When most small businesses owners hand their shingle, they have a certain amount of money they plan on using to get started.  Perhaps it is money they have saved or borrowed from friends and family but in any case, it is usually limited.  While not true in every case, a business often takes longer to Read more about When should I look for bank financing for my business?[…]