Most people think that a business plan is for start-ups or are only necessary to obtain funding or attract investors but in reality they should be so much more! Many studies have shown than nearly 90% of business fail and go out of business in 10 years or less. Those same studies also reveal that [...]
A few weeks ago, we did a five-week series on our Tuesday tip of the week. It got so much attention that we decided to put it in writing so we can help even more people remove the barriers to business growth. We believe that there are 5 major things (and many more small things) that [...]
Devoted Enterprises Inc. is an organization of consulting firms founded by Vernon Stading with offices in Minneapolis, MN and Tampa, FL. We work with everything from non-profits, startups, and small to large companies and we have a passion in helping businesses identify areas in their operation where they may be missing opportunities for growth or more profit. We [...]
“WAITING IS NOT PASSIVITY” If anyone knows me, they know that I offer many “Vernisms” and that this is one of the favorite quotes that I have used over the years (along with “it is what it is”). I use it because most people who want and expect change actually do very little about making [...]
Many of the business clients we work with invest their wealth into properties and real estate. Commercial Real Estate has always been said to be a “safe bet” as an investment for your wealth. But as anyone who owns commercial real estate can tell you, it can come with it’s share of headaches. So What [...]
When meeting with business owners and decision makers for the first time I get met with one of two initial reactions. The first one is “I don’t need a business consultant or business coach, because we are doing fine”. The second one is “I have hired one (or many) other consultants in the past so [...]
Devoted Enterprises Inc. is an organization of consulting firms founded by Vernon Stading with offices in Minneapolis, MN and Tampa, FL. We work with everything from non-profits, Startups, and small to large companies and we have a passion in helping businesses identify areas in their operation where they may be missing opportunities for growth or more profit. We [...]
For many, the thought of owning a franchise simply makes them feel secure and believe this is a guaranteed success. They believe that there is barely anything that could be easier and more rewarding than that! The sad fact is that nearly 40% of franchise businesses make no money or at best break even. Numerous [...]
A positive organizational culture is crucial to an organization’s success. Organizational culture is shaped by many factors, leadership chief among them. The values, vision and goals of your organization come from the top down. Management’s actions can encourage a quality culture that keeps employees happy, attracts new talent and builds an excellent job environment. Likewise, leaders may [...]
At both the Small Business Advisory Board and Devoted Enterprises, we have a passion for businesses and the success and work life balance of their owners. We have this passion because it became clear to us early on that the majority of businesses fail after they achieve that first level of success and growth. That seems so [...]
