Our clients constantly face these common small business growth challenges. From inadequate capital and cash flow management to finding the right personnel for openings. While it's true that not all of these small business growth challenges are easy to overcome, there are steps you can take to ensure your business continues on its path toward improvement and stability.
Here are…
AMB Performance Group Blog
Our Coaches pride themselves in being completely knowledgeable in regards to bringing you the latest and greatest in business growth options. We also take great pride in providing you with updates, news of interest, and tips to help you continue taking the wheel of your business and its success.
From handling workplace situations and team building to marketing and social media, you can find the answers you’re looking for to better your business and increase your knowledge base. We are always keeping an eye out for news, tools, and resources, so be sure to check-in frequently.
How Does Macroeconomic Inflation Affect Our Businesses?
Posted on February 15, 2023
Macroeconomic inflation is an increase in the overall level of prices in an economy. But microeconomic inflation specifically refers to the impact of inflation on individual businesses and consumers. Some of the effects of macro and microeconomic inflation on our businesses include the following:
Increased Production Costs
In macroeconomic inflation, the prices of inputs such as raw materials and labor increase,…
Explaining Why a Job Was Eliminated Due to Restructuring
Posted on February 10, 2023
In today's dynamic business environment, restructuring has become an essential strategy for companies aiming to adapt to evolving market demands, streamline operations, and stay competitive. However, a job eliminated due to restructuring is often a difficult reality for both employees and employers. As companies face pressures from economic shifts, technological advancements, and changing consumer behaviors, job eliminations have become…
How Does Inflation Affect a Small Business?
Posted on January 31, 2023
Inflation is an external threat to businesses. As the prices continue rising worldwide, small businesses are finding it increasingly difficult to purchase goods and services, especially those engaging in cross-border trade. They are under the pressure of either raising the prices and potentially losing sales, making drastic cost-cutting choices, or taking loans to cover the additional expenses to stay…
7 Ways to Motivate Small Business Staff
Posted on January 24, 2023
A dedicated and motivated staff is crucial for any small business to achieve the goals and objectives essential for growth and success. Here are the best ways to motivate small business staff that AMB group business coaching recommends for your business.
Offer Incentives and Rewards To Motivate Staff
One of the best ways to motivate small business staff is to offer…
How to Keep the Books for a Small Business
Posted on January 16, 2023
Bookkeeping in small businesses involves setting up a framework and choosing methods to keep track of contemporary activities within it. Small business owners need to remain focused on their personal hourly rate, and as quickly as the business can afford, it should be handing over the bookkeeping work. Simply stated, when your hourly rate is greater than the rate…
10 Best Management Strategies for Small Business in 2023
Posted on January 11, 2023
Effectively managing your team is key to your success as a small business owner. In 2023, we want to provide you with these top management strategies for small business that can help you drive growth. If you are looking for help from an experienced business coach with a proven track record of helping small business owners, then schedule a…
How to Manage Quiet Quitters
Posted on December 19, 2022
Have you ever had an employee come to work and just do the bare minimum? Well, today, they would be considered a ‘Quiet Quitter’. What exactly is quiet quitting? We have a whole other blog post on that here: What is Quiet Quitting and Why Does it Matter? But quiet quitting occurs when employees become disengaged from their duties,…
Best Small Business Finance Management Strategies
Posted on December 15, 2022
Starting a small business can be both extremely difficult, and reassuringly rewarding. But managing what many consider to be the financial minutia, such as the capital, assets, losses, debts, and liabilities can be draining. You can have superior knowledge in your industry or a strategic or competitive advantage, but if accounting isn’t your strong suit, you could be accidentally…
Retaining Employees During the Quiet Quitting Fad
Posted on December 08, 2022
Quiet quitting seems to be gaining popularity where overwhelmed or overworked employees work the bare minimum to their job descriptions, not going beyond what is expected. A 2022 Gallup Global Workplace Report revealed that only 9% of workers in the United Kingdom were enthusiastically engaged in their work. Similar trends have been reported in the US. Therefore, business owners,…
