How to Avoid the Peter Principle in Your Business

Promoting someone to their ‘level of incompetence,’ known as the Peter Principle, is way too common in organizations. These ‘last promotions’ are damaging to the business and damaging to the individual. So how do you avoid making this common mistake?

Business Owners Speak Out: Spotlighting Solon’s Businesses

Here’s a collection of interviews from local business owners with amazing insights into today’s challenges.

Multitasking: Why It Doesn’t Work & What to Do Instead

The ability to accomplish multiple tasks at once is a fallacy – a misconception. Multitasking can have serious consequences on your mind and its ability to focus. ActionCOACH’s Rick Phelps offers an alternative way to be productive.

How to Boost Customer Lifetime Value

Lifetime value is a prediction of the total revenue that you will receive from the entire future relationship of a customer. It’s an important business metric to know when buying customers.

How to Include Your Salary in Your Financial Forecast

No matter if your business is new or old, make sure to follow this one simple principle: pay yourself first. This blog post explains how and why you should include a market-based salary in your financial forecast.

How to Succeed Financially When Your Family Business Is in the Red

If your family business is in the red, take these 4 actionable steps to improve your situation and succeed financially in 2020 and beyond.

5 Ways Your Mind Can Be an Asset or Liability

Are your beliefs, biases, questions, words, and inner narratives helping you or hurting you? Being aware of your mind’s inner workings will help you be more productive in your business and life.

5 Ways to Improve Your Workplace Communication

ActionCOACH’s Mark Phelps recently shared with SharpCFO’s Ryan Dietrich 5 strategies that will greatly improve your workplace communication skills – both in person and virtually.

How to Calculate Your Conversion Rates

Conversion rate is the total number of conversions or sales / total number of leads x 100. Businesses calculate conversion rates during marketing campaigns.

Connecting with The Community: Managing Your Business through COVID-19

We sat down with 6 business owners to talk about how they are managing their organization through the COVID-19 Crisis.