Posts by Mike Hill

The number one reason businesses fail is lack of sufficient capital to continue to grow and improve. Business leaders often plan financially for the obvious: inventory, staff, and rent. But their downfall is insufficient capital to cover a negative cash flow; this reserve is vital to keep afloat until your business is profitable. Sufficient funds…

Are you at a crossroad in your career journey? Maybe you are considering changing jobs, purchasing a business, or even starting one. Now is a good time to examine your goals. Whatever your plans, consider your future and ask yourself these questions: • Will you still enjoy this choice in 20 years? • What are…

Strive not to be a success, but rather to be of value. Albert Einstein Self-Awareness For all of us, life has its sentinel moments – those moments when something touches us so profoundly it changes our trajectory. For me, one of those events occurred when I was 15. It was a beautiful Spring Day, and…

As a firm, we regularly poll our clients for their professional service needs. Their feedback has caused us to expand our scope to include branding, marketing & advertising, technology selection & deployment, talent acquisition, and learning & development. We are excited to announce that we have added accounting and bookkeeping services. This allows Trenton to…

As I write, it is early 2021 and I’ve just completed writing and editing my first book, The Extraordinary Business. It’s hard not to be proud because it is a lot of work to write and edit a book. I call it my Covid book because I began writing it in the early stages of the…

Throughout my consulting career I’ve learned that business owners do not like budgets. They perceive that budgets tell them what they should not spend, and I can’t disagree. So instead I  pivot the conversation to financial forecasting. What’s the difference? Forecasting focuses on the future; what we expect during a fiscal year for revenue and…

Once this crisis has passed and business begins to ramp up again, history will show that some companies will have fared better than others at crisis management. Also, it begs the question, what did their leaders do differently? They took three simple actions: 1) Think 2) Plan 3) Improve. Therefore, take advantage of unplanned flexibility…

The wide impact of the virus response is beginning to sink in with all of us. For the first time, most of us are realizing it’s going to impact us both personally and professionally. If you haven’t done so already, I recommend your company form an Emergency Response Team. An Emergency Response Team is a…

You didn’t get into your business to manage technology, did you?  But here you are with servers, security systems, backups and responsibility for software and hardware updates. Or maybe you’ve just ignored technology and your business has fallen behind in its ability to compete in our fast paced and ever-changing economy. In these situations, I…

Years ago, my first consulting engagement was helping a hospital choose a new computer system. For a 29-year-old, this business decision was both complex and tough. How would I navigate through the complexity? How could I present the choices to the board of directors in a way that was clear, concise and easy to understand?…