Oli Paterson

Tag: business

Optimizing Leadership with the Leadership Circle Profile

Introduction In the precarious world of small businesses, leadership is critical to success. Implementing the Leadership Circle Profile (LCP) can revolutionize how small business leaders understand and enhance their leadership capabilities. This tool, intricately connected with leadership, business, and personal development concepts, offers a nuanced approach to fostering effective leadership in small business contexts. Understanding… Continue reading Optimizing Leadership with the Leadership Circle Profile

Systems Thinking for Small Businesses: A Strategic Approach to Problem-Solving

Introduction Addressing challenges and capitalizing on opportunities require more than traditional problem-solving techniques. Systems thinking offers a transformative approach, enabling small business owners to view their operations, challenges, and markets holistically. This guide delves into the basics of systems thinking and how it can be a game-changer for small businesses. What is Systems Thinking? Systems… Continue reading Systems Thinking for Small Businesses: A Strategic Approach to Problem-Solving

Basic Financial Accounting for Small Business: Part 2 – Analyzing Financial Health

Welcome back to our financial accounting series designed for small business owners! In our previous post, we covered the basics of financial statements and the three modes of business. Building on that foundation, this installment delves deeper into understanding and analyzing your business’s financial health. Understanding Comparative Financial Data The Importance of Comparative Analysis Comparative… Continue reading Basic Financial Accounting for Small Business: Part 2 – Analyzing Financial Health

What Happens to Small Businesses in a Recession

Small business recession

Introduction For small business owners, a recession can be the beginning of a long slog. From shifting consumer behaviours to tightening credit markets and regulatory overhauls, the impact of a recession is multi-faceted and often tricky to navigate. Drawing on academic research papers by Sahin et al. (2010), Berkowitz and White (2004), Dennis (2011), and… Continue reading What Happens to Small Businesses in a Recession

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