My Biz Coaches

In this Community Q&A episode, Eric and David discuss your questions:Tips for managing my time? Struggling to find good employees, what am I doing wrong? How should I approach working with an attorney? Connect with us:Sign up for the My Biz Coaches live event on April 7th & 8th: https://www.eventbrite.com/e/business-mastery-conference-tickets-578398374107 The Biz Coach ShowWatch: https://y...

In this episode, Eric and David discuss the SVB Shockwave. Key points include: Keep a close eye on cash-flow and expense management. Look for ways to reduce reliance on high interest funding. Line up alternative partners for your business.  Subscribe to a go-to news source to push you updates.  Adopt a pragmatic approach to managing a crisis. Communicate proactively.  Action items include: Check y...

In this episode, Eric, David, and Chris Poese discuss small business payroll and other finance/HR topics. Key points include: Ensure you have the right software and payroll partner Learn about the potential liabilities in your state/industry regarding timekeeping/payroll Employee benefits doesn’t have to be daunting, work with someone who can help Document and streamline your HR policies and proce...

In this episode, Eric and David discuss basic concepts for small business finance management. Key points include: Closely monitor variable expenses. Keep your expenses in-line with growth (% of sales, etc.). Tightly control inventory and asset management. Automate and digitize to reduce growth related expenses. Regularly re-negotiate terms with suppliers (or lineup alternate suppliers). Regularly...

In this episode, Eric, David, Jim and Jeff discuss Purposeful Planning . Key points include: Clearly define your vision, culture, values, and core processes. Invest in yourself and your people. Explore multiple strategies for managing wealth. Minimize risk with the right insurance and legal council. Accept, embrace, and plan for change. It’s never too early to think about retirement or your exit s...

In this episode, Eric, David and Thomas Inserra discuss Business Banking. Key points include: All Banks are not created equal. Find a bank that specializes in business banking. Explore the variety of banking services available to help maintain and grow your business. Action items include: On a scale from 1-10 how happy are you with your bank? Time to change? Evaluate which services you might be mi...

In this episode, Eric, David, Jim Wilkerson, Hannah Johnson, and Ed McIntyre discuss exit strategies and wealth management options. Key points include: Don’t let your dreams prevent you from seeing reality. You need a detailed plan. Business owners need to take intentional action to create an exit strategy. Take action today, time is the enemy. Minimize constraints like taxes and fees. Explore sev...

In this episode, Eric, David and Jim Wilkerson discuss basic concepts for small business finance management. Key points include: Effective planning is critical. Revisit your plan often and make corrections as needed. Leverage finance software to streamline your operations. Plan for and allocate resources for unexpected events. Utilize expense management tools and resources. Minimize risk and tax l...

In this episode, Eric and David answer questions from the Biz Coach Show community.  Questions in this episode:   How can I extend customer support beyond normal business hours?  I’m struggling to stay current with the latest technology, what tips can you share?  When should I address an employee’s problematic behavior?  An employee is underperforming, how should I go about addressing it? I’ve not...

In this episode, Eric and David discuss the importance of Automating Your Business . They review the advantages of automating and tips for getting started.  Key points from this episode:    Financial: accounting software to streamline bookkeeping, implementing automated invoicing and payment systems, and using tools to manage expenses and track profitability.   Marketing: This could include topics...

In this episode, Eric and David discuss the Disruptive Power of AI. They review the impact of AI on small businesses, entrepreneurs, and the global economy.  Key points from this episode:   Increased Efficiency: AI can automate repetitive tasks, such as data entry and analysis, freeing up time for entrepreneurs to focus on more strategic and creative endeavors.   Improved Decision Making: AI can p...

In this episode, Eric and David discuss tips for weathering an uncertain economy. Send us Fan Mail Support the show

In this episode, Eric and David continue the discussion from Episode 2 regarding layoffs in big tech (Meta, Twitter, etc.). The conversation focuses on leveraging shifts in the labor market and avoiding a bad hire. Send us Fan Mail Support the show

In this episode Eric and David discuss the recent mass layoffs in "big tech" and discuss relevant lessons for entrepreneurs. Send us Fan Mail Support the show

In this premier episode, Eric and David discuss their individual backgrounds and their vision for The Biz Coach Show. They also share a preview of what to expect in future episodes as they break-down some alarming small business trends that are fueled by current economic factors. Send us Fan Mail Support the show