It is aggravating to hear the politicos wanting to take care of small business and in reality they really don’t. Every year, politicians are adding more legislations and restrictions that challenge small businesses. America could be great again; even greater if we could unshackle the harness around small businesses on the state and federal level to lift unnecessary taxes and provide more growth incentives. The benefits of a small company are numerous. They can be nimble and flexible to execute new projects and react quickly. Small business owners are able to see ideas and put them into practice very efficiently without months and months of meetings and layers of confrontational conferences. Why can’t government see the opportunity to further supporting the small business entrepreneur?

A small family run company of 50 employees can be dynamic in what they can accomplish quickly and without a lot of red tape. 25 million small businesses are in the United States, which is a powerful statistic. If 10% of small businesses could get better, then those businesses could also be hiring more people to create jobs and continue to be the community fabric that makes communities better plus put more people to work.

This week, Jack Menicini and Adam Sonnhalter of Maximum Value Partners also cover the topic and the myth: “Things will take care of themselves.” Depending on the situation this could be a good thing. Like Jack’s strategy when it comes to email…let it sit for several days and percolate. The emails may resolve themselves, time may take care of it….and you may not even need to ever address it.

But sometimes if you don’t address the situation it might not be the best for you or your company. If you have some clients not paying their bills in a timely fashion they may choose to ignore it for a while and it may take care of itself with finally getting payment or you could find yourself short of cash. Sometimes, if the invoices are not addressed, the actual bank may come in because they hold the security and assets for your client’s company and will seize additional assets and shut them down leaving you high and dry.

Overall things should take care of themselves with your guidance. As a small business owner, be in charge and be deliberate on the key priorities in your business. Cash flow is a key part of your business and you need to be focused on what is important, what you might let slide for awhile and what issues will always need your immediate attention. Your profit plan is something that does not take care of itself… as the leader you need to keep the lights on and your employees paid or your business will suffer.

Tune in to hear Jack’s How Come? segment where he talks about: How come it’s called a witness stand when the people sit? How come people keep trying to vacuum up the string and when it isn’t picked up, they will pick it up and try to have the vacuum pick it up again?

We have seen countless companies give people multiple chances even though they are not performing (just like picking up the string countless times). If you have an employee who is not a good performer, you might try to reassign them or make them a reclamation project, but there likely will come a point when you need to let them go.

Every week, tune into DirtySecretsofSmallBusiness.com to catch up on all the podcasts, hear about their clients’ Success Stories and learn more about how to be a productive and successful business owner and if running a small business is really right for you!

The post Small Businesses Can Make America Great Again! appeared first on Maximum Value Partners.

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Are you one of those small business owners who looks forward to a vacation, but also takes the business responsibilities along too? Do you sneak away while everyone is sleeping or having lunch to check emails or call into the office? If your room in the hotel doesn’t have fast WIFI do you go ballistic for fear of not connecting with your team? If any of these points sound familiar, you are not alone.

In this segment of Dirty Secrets of Small Business, radio show hosts: Jack Mencini and Adam Sonnhalter, business partners of Maximum Value Partners advise small business owners that you need to prepare for your vacation and be away from the business or don’t take the vacation. Part of your job is to take care of yourself and recharge by being away from the business. It’s the right thing to do for yourself, your business and the people who join you on the vacation.

This week, Jack and Adam also cover the topic and the myth: If I hire the right people they should know what to do. According to Jack, “Nothing could be further from the truth. A new hire won’t be a mind reader or get it through osmosis by following you around on how you want things done for your small business.” In reality, new hires and your team will always need your guidance, your leadership, your coaching and collaboration for new ideas. Don’t’ kid yourself that a good hire can overnight turn into a great employee. You need to be part of the equation.

Tune in to hear Jack’s How Come? segment where he talks about the dog days of summer and how clear communications is imperative with your business team and your clients.
Every week, tune into DirtySecretsofSmallBusiness.com to catch up on all the podcasts, hear about their clients’ Success Stories and learn more about how to be a productive and successful business owner and if running a small business is really right for you!

The post It’s Hard to Take a Vacation from Your Business appeared first on Maximum Value Partners.

The post It’s Hard to Take a Vacation from Your Business appeared first on Dirty Secrets of Small Business.

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In this segment of Dirty Secrets of Small Business, radio show hosts: Jack Mencini and Adam Sonnhalter, business partners of Maximum Value Partners tell small business owners: “Be Yourself!”

How many owners in small businesses try to be someone else when they should just be themselves? Jack and Adam help their clients be comfortable in their own skin. MVP uses a simply but powerful behavior assessment tool called Extended DISC with each coaching client,.

By taking 10 minutes to answer 24 questions clients are amazed at what they can learn about their own natural behavior style and how others perceive them. This is tremendously helpful in understanding personal strengths and areas to develop and helps MVP’s clients feel comfortable in their own skin. The results also provide insights for how to interact most effectively with their teams and clients, especially when those people have different natural styles.

In this week’s Dirty Secrets of Small Business myth, Jack and Adam also cover why it is important to be involved in politics for your small business. They debunk the myth that small business owners don’t have time for politics.

Tune in to hear Jack’s How Come? segment where he talks about American Sign Language and if it is truly universal in the communication process.

Every week, tune into DirtySecretsofSmallBusiness.com to catch up on all the podcasts, hear about their clients’ Success Stories and learn more about how to be a productive and successful business owner and if running a small business is really right for you!

The post Be Yourself for Your Small Business appeared first on Maximum Value Partners.

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If we could put music to this summary it would be:

I Just Want To Celebrate another day of living,
I Just Want To Celebrate, another day of life.
I put my faith in the people, but the people let me down,
So I turn the other way and carry on anyhow.
That’s why I’m telling you,
I Just Want To Celebrate another day of living,
I Just Want To Celebrate, another day of life.

Of course this is From the Rare Earth Group and their 1971 hit: I Just Want to Celebrate.

Maximum Value Partners doesn’t sing it but frequently tells its small business clients just to take time to Celebrate!

In this segment of Dirty Secrets of Small Business, radio show hosts: Jack Mencini and Adam Sonnhalter, business partners of Maximum Value Partners discuss how often small business owners just don’t take the time to stop and smell the roses… to stop and celebrate when they get a new client…when an employee does an exceptional job.

It makes a tremendous difference in your psyche and the mental health and attitudes of your people when you give out the high fives and the “Ata boys” and “Ata girls” and sincerely recognize them for a job well done. What is the sense of working your tail off if you don’t take a few moments or even give the team the afternoon off when something great happens? Celebrate once in awhile…it’s good for your business!

Jack and Adam also debunk the myth that good friendships are the bases for good business relationships with small business owners often think that the best way to build your team is with the friends and relatives you already know.

“Nothing and I mean nothing, could be further from the truth,” said Jack. “When things get a little rough and you need to tell your best friend that he or she is not doing the job, do you really want to choose between the health of your business and the demise of your friendship?” Bottom line, it is seldom a good idea to go into business with your friend or relative.

Dirty Secrets of Small Business also covers a very quirky “How Come?” question for this week’s insight from Jack. Listen in to this podcast to get the whole story on “How come baseball players spit?” and what this has to do with tips for small business owners.

Tune into DirtySecretsofSmallBusiness.com to catch up on all the podcasts and learn more on how to be a productive and successful business owner and if running a small business is really right for you!

The post As a Small Business Owner, Enjoy the Success appeared first on Maximum Value Partners.

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Dirty Secrets of Small Business examines the tough topics small business owners face as they are running their companies. On this week’s show, Jack Mencini and Adam Sonnhalter of Maximum Value Partners, broach the subject of your business style and how this relates to the clients you do business with.

Key takeaways are: Know how you, the owner, like to do business and stick to it. If you are true to your objectives and how you want to run your business, you should find yourself saying “no” at least a few times per year when it comes to new clients. If you are working with a customer that only brings you headaches, backaches and other aches, in the end, it is probably best if you terminate a bad business relationship sooner than later.

This week’s show also covers Jack and Adam discussing the dirty secret of the week that “Not everybody is cut out to be a business owner.” Some red flags that you won’t be a successful business owner are:

• If you are spending money from the business as soon as it comes in;
• If you don’t hire and retain good people;
• If you focus on a paycheck or
• If you are indecisive when making tough decisions to ensure profitability and end up hurting the business.

Tune into DirtySecretsofSmallBusiness.com to catch up on all the podcasts and learn more on how to be a productive and successful business owner and if running a small business is really right for you!

The post You Need to Pick and Choose the Clients You Want! appeared first on Maximum Value Partners.

The post You Need to Pick and Choose the Clients You Want! appeared first on Dirty Secrets of Small Business.

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