How do I get my employees to be more accountable for results

How do I get my employees to be more accountable for results?

Accountability is not simply taking the blame when something goes wrong. It’s not a confession. Accountability is about delivering on a commitment. It’s a responsibility to an outcome, not just a set of tasks. It’s taking initiative with thoughtful, strategic follow-through.

And it’s necessary at all levels of the hierarchy. Executives high on the org chart can’t really be accountable unless the people who report to them also follow through on their commitments. This a struggle, of course. I have seen leaders direct, question, and plead. I have seen them yell, act passive-aggressively, and throw up their hands in frustration — all in the service of “holding people accountable.”


Do you know the lifetime value of your client?

Having spent much of my business career in the payment processing / merchant services industry, I would review the monthly credit card revenue of my clients that covered most every industry. In my business, we worked on “basis points” (One basis point is equivalent to 0.01% (1/100th of a percent) or 0.0001 in decimal form)


Five Paths to More Time and More Profit

Take a moment away from running your business. Relax, breathe deep, and exhale slowly. Now imagine yourself with more money and more time. Entrepreneurship can be all consuming and we need inspiration to refresh our vision so here are five ways business capital can revitalize you and your business.


Auto Repair Funding

You like working with your hands. You are pretty good with computers – that’s good, you have to be to survive. Your job gets more complex every single day. You are likely a mentor to your key employees. You find yourself competing with some of the world’s largest corporations for customers. And these customers?


Urgent Notice - Interest Rates On The Rise Again? Bet On It!

We believe the Federal Reserve will raise rates next week. The economy is expanding and adding jobs, so many jobs that we are below what economists consider “full employment” (4.7%). When workers who have been on the sidelines join the workforce pushing the rate below “full employment” the economy is said to be running hot.


The Business Line of Credit – An Essential Financial Tool

You need a business line of credit. If you don’t have one you need to act today and get one. Even if you don’t need any funds right now you need to get a business line of credit ready and waiting for you. Here’s what you need to know about a business line of credit


Four SBA Loan Programs You Must Know About

Low rates, large loans, good for start-ups, and existing businesses, even loans for working capital and for real estate purchases – there’s plenty to like about Small Business Administration loans. If you are looking for business capital, it’s time to learn about SBA loans as an option. Here’s a guide to get you started: 7(a)


How to Get a Loan Without Collateral

If you have been looking into a small business loan you likely have been asked about what you have for collateral to secure your loan. And now you know many traditional lenders simply have no interest in your business if you have no collateral for them. You are not at the end of the road


Yes - This is the Golden Era of Small Business

Why Now Is The Best Time to Grow Your Business Are we in the Golden Era of small business? Many think so, a recent report released by the National Federation of Independent Business, the Small Business Optimism Index confirms what many say and feel – now is the best time ever for small business.


The Truth About Credit Checks and Credit Scores

Here’s the reality about credit scores – a lender just checking your score can lower it. Check again and it goes even lower. Shop for a good deal on funding your small business and your score can take a beating before you get a deal done. Here’s what you need to know:


Insider Info: Every Source of Business Lending Revealed.

When you need capital for your business one of the first things to learn is that there a variety of funds available. Lenders categorize funds by their requirements. Knowing what you need money for now and what you will need it for in future is important because it dictates what of the kind of business


The Tax Cuts and Jobs Act is Law

Five critical things to know about the new tax law. The new tax law was signed last Friday morning. This new law favors business income over wages. Having your own business make more sense than ever. The new law does not simplify taxes for all filers.


Happy New Year

The Secret to Keeping New Year’s Resolutions Happy New Year. Here’s to 2018 – may it be your best year ever. We discovered some great revelations about will power and long-term goals we want to share with you. Gratitude, compassion, and pride creates the network that reinforces will power.


Capital to Capitalize on the Holidays

Ready for the Holidays? Not the family gatherings, parties, or gifts. We’re thinking the final stretch of 2017 and the end of year bottom line.

Get funded today. You can get the cash you need to finish up the year.


Higher Interest Rates on the Horizon – Make Your Plans Now

Newly nominated Federal Reserve Chairman Jerome Powell will raise interest rates. The reign of Janet Yellen and long run of near zero lending is ending. The confirmation of Powell is just a formality and Fed watchers are nearly unanimous in their belief that we will continue to see interest rates return to their historic range

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GE to Combine Oil and Gas Business With Baker Hughes

General Electric Co. reached a deal to combine its oil-and-gas business with Baker Hughes Inc., creating a publicly traded energy powerhouse that would give GE a cost-effective way to play any recovery in the industry. GE will contribute its oil-and-gas business and $7.4 billion through a special one-time cash dividend of $17.50 for each Baker


Intel Internet of Things Business Delivers Strong Growth

Microprocessor giant Intel (NASDAQ:INTC) has been telling investors for quite a while now that one of the business units that it’s counting on for long-term growth is its Internet of Things, or IoT, segment. Although IoT is something of a catch-all term for a wide variety of applications, Intel’s IoT business — per a company


FCC claims Open Internet Order Was Pro-Small Business

Tom Wheeler’s FCC says it has created “unprecedented opportunities for new and diverse media voices to find audiences,” primarily through Open Internet policies like Title II reclassification of ISPs. That is according to the triennial report to Congress on ways it has limited the barriers to entry into the communications business by entrepreneurs and small

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