http://www.peercoachingnetwork.com Business Coaching and Financial Management Consulting for Small Businesses Tue, 24 Jan 2012 20:52:00 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 Improving Profits with Dashboards and Metrics http://www.peercoachingnetwork.com/2011/04/improving-profits-with-dashboards-and-metrics/ http://www.peercoachingnetwork.com/2011/04/improving-profits-with-dashboards-and-metrics/#comments Tue, 19 Apr 2011 02:01:29 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=885 This was originally published on Apr 06, 2011 by American Express OPENForum Idea Hub.

Have you ever wondered why your business isn’t making as much money as you think it should be? Maybe you haven’t been asking the right questions.

Before getting into the detailed metrics you should be tracking, let’s start with . . . → Read More: Improving Profits with Dashboards and Metrics]]> http://www.peercoachingnetwork.com/2011/04/improving-profits-with-dashboards-and-metrics/feed/ 0 Opening the Book on Open Book Management http://www.peercoachingnetwork.com/2011/04/opening-the-book-on-open-book-management/ http://www.peercoachingnetwork.com/2011/04/opening-the-book-on-open-book-management/#comments Mon, 04 Apr 2011 03:43:50 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=851 By JoAnne Berg

Originally published by American Express OPEN Forum on March 21, 2011

Note from JoAnne: I’m a big believer in applying the concepts of Open Book Management selectively in almost every business.  If you’d like to discuss this concept in more detail, I am happy to talk to you about . . . → Read More: Opening the Book on Open Book Management]]> http://www.peercoachingnetwork.com/2011/04/opening-the-book-on-open-book-management/feed/ 0 Turn Your Annual Operating Plan into a Budget http://www.peercoachingnetwork.com/2011/04/turn-your-annual-operating-plan-into-a-budget/ http://www.peercoachingnetwork.com/2011/04/turn-your-annual-operating-plan-into-a-budget/#comments Mon, 04 Apr 2011 03:30:39 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=844 by JoAnne Berg

originally published by American Express OPEN Forum on February 18, 2011

If you are like many entrepreneurs, budgeting is an annual exercise that you may prefer to do without. However, your budget is a powerful tool for ensuring the success of your business, so it’s worth the time . . . → Read More: Turn Your Annual Operating Plan into a Budget]]> http://www.peercoachingnetwork.com/2011/04/turn-your-annual-operating-plan-into-a-budget/feed/ 0 The Upside Of Incentive Compensation Plans http://www.peercoachingnetwork.com/2011/03/the-upside-of-incentive-compensation-plans/ http://www.peercoachingnetwork.com/2011/03/the-upside-of-incentive-compensation-plans/#comments Mon, 28 Mar 2011 15:20:40 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=837 by JoAnne Berg

Originally published by American Express OPEN Forum on Mar 24, 2011

Incentive compensation is a practice by which employers pay their employees extra for performance “beyond normal expectations.”

This is one of those practices that business owners have had widely varying experiences with. Sometimes incentive compensation plans work well and . . . → Read More: The Upside Of Incentive Compensation Plans]]> http://www.peercoachingnetwork.com/2011/03/the-upside-of-incentive-compensation-plans/feed/ 0 Is Your Revenue Model Right for Your Business? http://www.peercoachingnetwork.com/2011/03/is-your-revenue-model-right-for-your-business/ http://www.peercoachingnetwork.com/2011/03/is-your-revenue-model-right-for-your-business/#comments Thu, 10 Mar 2011 22:30:50 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=751 . . . → Read More: Is Your Revenue Model Right for Your Business?]]> http://www.peercoachingnetwork.com/2011/03/is-your-revenue-model-right-for-your-business/feed/ 0 The Language of Accounting http://www.peercoachingnetwork.com/2011/02/the-language-of-accounting/ http://www.peercoachingnetwork.com/2011/02/the-language-of-accounting/#comments Wed, 16 Feb 2011 04:39:34 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=743 By JoAnne Berg

Originally published on OPEN Forum on February 14, 2011

Did you ever look at a set of financial statements and wonder what it all meant? Would you like to know how to get more value out of the information?

You’re not alone. Many business owners find that learning to read, truly understand, and . . . → Read More: The Language of Accounting]]> http://www.peercoachingnetwork.com/2011/02/the-language-of-accounting/feed/ 0 Who Should Handle Your Business Finances? http://www.peercoachingnetwork.com/2011/02/who-should-handle-your-business-finances/ http://www.peercoachingnetwork.com/2011/02/who-should-handle-your-business-finances/#comments Sat, 05 Feb 2011 02:29:05 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=738 By JoAnne Berg

Originally published by American Express OPEN Forum

Every business has a Chief Financial Officer — the person who has overall responsibility for the financial management of the company. In your business, that person might be you!

In a new business, it is not uncommon for the owner to take on all . . . → Read More: Who Should Handle Your Business Finances?]]> http://www.peercoachingnetwork.com/2011/02/who-should-handle-your-business-finances/feed/ 0 6 Common Money Mistakes Small Business Owners Make http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-6-common-money-mistakes-small-business-owners-make/ http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-6-common-money-mistakes-small-business-owners-make/#comments Fri, 14 Jan 2011 20:31:47 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=733 by JoAnne Berg

Jan 06, 2011 -

We’ve all known businesses that appear to be doing well, but end up going out of business because they’ve made major mistakes in pricing, cost control or financial management. Here are some of the areas where these problems arise and some suggestions for how . . . → Read More: 6 Common Money Mistakes Small Business Owners Make]]> http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-6-common-money-mistakes-small-business-owners-make/feed/ 0 New Workshop: Four Weeks To Your New Business Plan http://www.peercoachingnetwork.com/2011/01/new-workshop-four-weeks-to-your-new-business-plan/ http://www.peercoachingnetwork.com/2011/01/new-workshop-four-weeks-to-your-new-business-plan/#comments Tue, 11 Jan 2011 17:00:06 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=680 Are you ready to start your new business, or jump start the one you have? You need a business plan!

“Four Weeks to Your New Business Plan” is a highly interactive workshop designed and taught by JoAnne Berg.   During the four weeks, here’s what you’ll develop:

A clear and unambiguous description of the mission . . . → Read More: New Workshop: Four Weeks To Your New Business Plan]]> http://www.peercoachingnetwork.com/2011/01/new-workshop-four-weeks-to-your-new-business-plan/feed/ 0 Why Your Business Owes Taxes When It Didn’t Generate Cash http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-why-your-business-owes-taxes-when-it-didnt-generate-cash/ http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-why-your-business-owes-taxes-when-it-didnt-generate-cash/#comments Thu, 06 Jan 2011 17:19:00 +0000 JoAnne Berg http://www.peercoachingnetwork.com/?p=717 By JoAnne Berg

Your business has several silent partners: Uncle Sam and his state and local cousins. Many of the decisions you make on a daily

basis will impact their take, so it’s wise to be at least somewhat familiar with the tax laws when you run your own . . . → Read More: Why Your Business Owes Taxes When It Didn’t Generate Cash]]> http://www.peercoachingnetwork.com/2011/01/new-article-on-open-forum-why-your-business-owes-taxes-when-it-didnt-generate-cash/feed/ 0