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.

Business Valuation

How to Do a Small Business Valuation

Whether you are buying or selling a small business, it will behoove you to understand the various methods of business valuation. If you are a small business seller who finds yourself ready to sell your business for one reason or another, then you will be particularly interested in learning more about this crucial process. And if you’ve landed on…
View Post
Business Valuation

The Importance of Business Valuation

For some companies, having an educated and informed understanding of what their business is worth economically may not be on the shortlist of things to accomplish. The problem might signal a lack of awareness about the importance of business valuation. For some companies, not having a business valuation done may simply be an oversight.  After all, there are so many…
View Post
Hiring and Retaining Employees

What is Staff Retention Rate?

In this day and age, recruiting highly talented workers can be tough. And that’s an understatement. That is why so much emphasis is being placed on how to keep key employees. Whether they are new to the company, or they’ve been around for a couple of years, hanging on to your talent should be a top priority for your…
View Post
Hiring and Retaining Employees

The Total Cost of Hiring an Employee

Hiring new team members is one of the most positive aspects of being a business owner. New hires (ideally) come on board enthusiastic and ready to put out their best work. Harnessing that energy and drive over the duration of the employees’ tenure is an absolute imperative. But we also have to consider the bottom line: what is the…
View Post
Hiring and Retaining Employees

The Hidden Costs of Employee Turnover

Employee turnover can be a major burden on any organization in terms of both the human cost and the financial burden that comes along with turnover. Whether we’re talking about tangible factors like money spent recruiting and hiring or the lesser recognized expenses like the loss of institutional knowledge within a company, there is no doubt that there are…
View Post
Hiring and Retaining Employees

How to Retain Young Employees

Retaining high performers is likely one of your biggest goals – and concurrently one of your biggest challenges – as a business owner. With many boomers retiring in the wake of the COVID-19 pandemic, which hit the United States in 2020, millennials are being promoted into positions of power and are filling jobs formerly occupied by the generation known…
View Post
Hiring and Retaining Employees

4 Elements of Employee Retention

How much does employee turnover cost US organizations? The short answer: a lot. It’s estimated that it costs about 1.5 to 2 times the employee’s salary to replace them. Let’s say you are heading a 100-person company with an average pay of $50,000 with an average rate of attrition. You could be looking at $600,000 - $2.6 million in…
View Post
Hiring and Retaining Employees

Attracting and Retaining Talented Employees

As a business owner, you know it is essential to staff your business with the best and brightest. We all know that attracting and retaining talented employees is a feat that requires organizations to work strategically and evaluate their processes on a continual basis. But just analyzing how we do things will not always be enough.   Attracting and Retaining Talented…
View Post
Hiring and Retaining Employees

What are the Job Interview Process Stages?

Attracting and retaining talent is one of your most critical tasks as a business leader. Arguably, it is the most important. Your employees are the faces of your company; they interact with your customers, with the public. They complete the necessary day-to-day tasks that keep the company running, and they also provide the promise of a successful tomorrow. As…
View Post
Hiring and Retaining Employees

How to Retain Employees Without Money

You have heard it before… time and time again. The only way you can keep workers is to pay them more. Money talks. So the questions revolve around how to retain employees without money. Money doesn't have the most compelling voice. When it comes to elements of an employee retention plan, it's important to think beyond dollar signs.  How to…
View Post

This Month's Featured Events

View all events
1Time
2Team
3Money
4Systems
5Contact
  • How Do You Manage Your Time?

  • This field is for validation purposes and should be left unchanged.