Steven Bartlett’s Management Tips: Get the Best Out of Your Team

A professional woman talking to two women at work illustrates management principles

What makes some managers more effective at bringing out their team’s potential? How can company culture evolve to support sustainable growth? Steven Bartlett’s management insights from The Diary of a CEO reveal the importance of individualized coaching and cultivating the right organizational culture. He offers practical strategies for leading teams through different stages of business growth. Keep reading to discover management principles that can upgrade your leadership approach and create a thriving workplace environment.

Financial Performance Measures to Gauge a Business’s Health

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How can you measure a business’s profitability, efficiency, and investment potential? Why should you analyze your financial statements like investors? Karen Berman and Joe Knight discuss several key financial ratios that managers, investors, and analysts use to evaluate a company’s performance and financial health. Berman and Knight identify several important financial performance measures that indicate a company’s profitability, efficiency, and overall financial strength. Here’s how to use performance metrics to measure a company’s overall health.

7 Types of COOs: Not All Chief Operating Officers Are the Same

A chief operating officer working alongside a chief executive officer in a conference room illustrates various types of COOs

What makes a Chief Operating Officer the perfect fit for your organization? Which of the seven types of COOs would best serve your company’s needs? In his book The Second in Command, Cameron Herold explores the distinct roles and characteristics of different COOs. His insights, complemented by research from Nathan Bennett and Stephen Miles, provide a comprehensive guide to understanding these crucial leadership positions. Keep reading to discover the various types of COOs and how each one can transform your business in unique ways.

4 Prospecting Channels: How to Take a Diversified Approach

A saleswoman talking on a mobile phone illustrates various prospecting channels

What’s the most effective way to reach potential customers in today’s digital age? Which prospecting methods actually convert leads into sales? In Fanatical Prospecting, sales expert Jeb Blount reveals proven strategies for connecting with prospects through multiple channels. His comprehensive approach covers in-person meetings, phone calls, emails, and social media outreach. Keep reading to discover how to maximize your success across different prospecting channels and create a winning sales strategy that delivers results.

Cash Flow for Small Businesses: How to Interpret Your Statements

A money tree against a green background, symbolizing cash flow for a small business

What are the three main areas of cash flow for small businesses? What does a cash flow statement tell you that an income and balance sheet statement don’t? The income statement and the balance sheet give an overview of a business’s financial position, taking into account past and future revenue and expenses. On the other hand, the cash flow statement fleshes out the full picture of where a business stands in the present—and whether it can afford to pay its bills. Let’s look at how to interpret a cash flow statement.

Cameron Herold’s The Second in Command: Book Overview

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What does it take to effectively manage a growing company? How can a CEO delegate responsibilities while maintaining control of their vision? A COO might be the missing piece in your company’s leadership puzzle. The Second in Command, a book by Cameron Herold, explores the vital partnership between CEOs and COOs, showing how this dynamic duo can transform business operations and accelerate growth. Continue reading for our overview of the book The Second in Command.

What Is a Balance Sheet for a Business? A Financial Snapshot

A woman holding a sheet of paper with a dollar sign above her head, questioning "what is a balance sheet for a business"

What is a balance sheet for a business? What does a balance sheet tell you about a business’s finances that an income sheet can’t? The balance sheet provides a snapshot of a company’s financial position at a specific time. Karen Berman and Joe Knight explain how balance sheets present your business’s overall value, what kinds of assumptions underlie your balance numbers, and what the balance sheet reveals about your business that a simple income statement cannot. Continue reading to learn the three main sections of a balance sheet and how to read one.

How to Hire a COO: 4 Steps From a Job Description to Onboarding

A CEO introducing a new COO to the team in an open workspace illustrates how to hire a COO

What makes a COO the perfect fit for your organization? How can you find and hire someone who will excel in this crucial leadership role? In The Second in Command, Cameron Herold provides a comprehensive roadmap for finding and onboarding the ideal chief operating officer. His guidance covers everything from creating detailed job descriptions to conducting thorough interviews and implementing an effective onboarding process. Keep reading to discover how to hire a COO who will strengthen your leadership team and help take your business to the next level.

Income Statements in Business: How to Understand the Numbers

A dollar sign on white paper representing an income statement in business

What’s an income statement in business? How does an income statement track revenue? The first document any business owner needs to understand is the income statement. This shows whether your company is profitable. According to Financial Intelligence by Karen Berman and Joe Knight, an income statement requires careful interpretation. Keep reading to learn what an income statement tells you about your business’s financial health.

Financial Literacy for Business Owners: 3 Key Documents to Grasp

A businessman looking at a chalkboard with a dollar sign written on it as part of learning financial literacy for business owners

What are the basic financial terms you need to know as a business owner? What’s the difference between an income statement and a cash flow statement? Understanding your business’s finances requires making sense of different types of reports. Unfortunately, according to Karen Berman and Joe Knight, financial statements aren’t as straightforward as they may seem. Below, we’ll break down financial literacy for business owners who want to understand their company’s numbers.