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What’s the Strategic Intent of your Business?

by Brian Nolan on 08/11

What’s the Strategic Intent of your Business?

When I started Nolan Consulting Group in 2004, my accountant said to me:  “what’s the strategic intent of your business”.  I gave him a puzzled look.  I had done some work on strategic intent in the corporate world, but I had never really thought about it with our spanking new business.   He went on to say that you should never start a business without a plan to get out of it (an exit plan).  He said that it’s important to know what you want the business to be when it grows up.  This long range mindset and strategic context is important to have when making major decisions.   I loved it and immediately began to write my long term plan, looking 10 – 15+ years out.

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Time Management Tips for You and Your Team

by Amanda Kearney on 07/05

Time Management Tips for You and Your Team

As small business owners, you probably wear a lot of hats – you’re the President, a Sales Rep, a Field Manager, etc.  So it can be difficult to find time to be the Business Owner and make important business decisions.  In addition, we often need to blend the roles of our team – your Office Manager may also be your HR Director, Bookkeeper, Customer Advocate, etc.  Time management is key to balancing the roles in your business and nailing this hat trick.  Here are some tips that can help you manage your own time, as well as help manage your team’s time.

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Recruiting is Our Number One Priority

by Kevin Nolan on 05/12

Recruiting is Our Number One Priority

Whenever I speak to business owners, I find myself consistently hearing the same few phrases: “No one wants to work for a contractor”, “I wish I could grow, but I just can’t find the people”, “Where have all the good painters gone”?  This may come as a shock, but I have something to tell you.

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Team Planning: Another Successful Planning Adventure

by Brian Nolan on 01/23

Team Planning: Another Successful Planning Adventure

As I boarded a plane from Sacramento to Philadelphia on Friday night, on my way home from a successful planning retreat,   I reflected on the planning teams I was a part of in January. I facilitated planning sessions for Fitzpatrick Painting in Albany, Oregon and Brooks Painting in Davis, California. Below are some thoughts on what made them successful.

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Developing your Coaching Management Style

by Brian Nolan on 08/18

Developing your Coaching Management Style

Recently, I read a great book called The Coaching Habit: Say Less, Ask More & Change the Way You Lead Forever, By Michael Bungay Stanier.  It made a profound impression on me, and I'd like to focus this Blog on its lessons and main themes. 

 

 

 

 

 

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Is Now the Time to Pay Down Debt?

by Andrew Amrhein on 08/04

Is Now the Time to Pay Down Debt?

With the busy season upon us, hopefully you are now starting to see what I call, “the turn in cash”.   What I mean by that is this: you’ve spent spring ramping up and hiring. Now, in summer, you have your team and are profitably producing at full steam.  The result is that all your receivables are now starting to come in and, hopefully, the company bank account is starting to grow.    It’s worth noting that the bills haven’t stopped coming in either.  But, whereas before you were spending to ramp up, now you should be reaping the profits.  It’s the money making season, and profit is good!

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Lifestyle Business versus Value Business

by Kevin Nolan on 06/30

Lifestyle Business versus Value Business

When I started Nolan Painting in 1979, I did so with one intention: supporting my lifestyle.  As time went on, that lifestyle went from trying to support myself as a college student, to later as a young married man with four kids. I took out money as I needed it and grew the business at a moderate rate. I was everything; the painter, carpenter, color consultant, estimator, supervisor, CFO, CEO and COO.

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Implement Implementing

by Andrew Amrhein on 04/29

Implement Implementing

So, you just got back from a great conference, or workshop, or speaker.  What great content!   So many great ideas!  You talk about it with your team and maybe get started on a few projects.  Three months later, nothing has changed.  Has this ever happened to you?   Almost every business owner I’ve ever talked to has had this experience.   I’ll admit it’s happened to me!

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Ready, Set, Hire!

by Brian Nolan on 02/24

Ready, Set, Hire!

How much time to do spend thinking about hiring the right employees?  Now consider how much time to you spend on implementing creative approaches to recruiting new employees.  Do you have a recruiting budget or are you still depending on a “help wanted” ad on craigslist to bring you in the abundance of great employees you need to achieve your goals?  Are you still looking for only experienced painters?  Are you fitting in recruiting activities at the end of a long day? 

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Guest Post: Establishing Values to Build a Rock Star Team

by Colin Nolan on 02/05

Guest Post: Establishing Values to Build a Rock Star Team

*Thanks to Mike Moffit for this guest post. Mike is the owner of DMP Painting located in Wakefield, RI. He has been with Summit for over 9 years.

 

A company’s most important assets are its people. This has been a mantra that we’ve all chanted year after year. Over the last year, here at Dennis Moffitt Painting, we’ve put more effort into what our culture is and what type of person we really WANT to work with.  Understanding the type of person we want to work with has helped us develop what our core values are. At first, I really struggled with the concept, likely because the answer was not readily available and I wasn’t sure how to make it real. But, the driving motivator that fueled me to fix the problem, was, “I really want to like the people I work with!”

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