IT and Business Insights for SMB Solution Providers

Karl Palachuk

A blog for Small Business Consultants and the vendors who serve them. It contains Opinions on business success, News in the SMB consulting space, and Information on what I'm up to.

Small Biz Thoughts
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for entrepreneurs.Many people are stymied by the mistaken belief that they have to “get it right” before they implement decisions. This includes small decisions as well as large ones.I encourage you to take a different approach: Accept that this is an iterative process. That - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for absolutely new entrepreneurs.If you have a family, you need to consider whether they are ready for you to make the launch into self-employment. It’s great that you are excited and have faith in your future. But a new business can be very difficult on a family.Many new business - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for entrepreneurs.One of my first books is called Relax Focus Succeed. It’s all about balancing your personal and professional lives and being more successful in both.This balance is always a challenge. Everything in your life and business changes all the time. So you need to keep - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for entrepreneurs.There are lots of references on this blog, and in my books, to accountants, enrolled agents, and tax professionals. I think it is absolutely critical that you rely on these folks for advice.I have found that a great tax professional is one of the best resources your company - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for new entrepreneurs.No matter what happens in your business, you need to think about yourself separate from your business. You are you, playing a role inside your business. You need to always maintain this distinction between yourself and your business.Here’s why this matters. At - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
Business Plan in a MonthBuild the Roadmap Your Business DeservesBuy Now on Amazon - only $2.99In the long run, it doesn’t matter whether the economy is up or down, shrinking or growing: Businesses with a plan always do better than businesses without a plan! Whether the economy is growing or - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for entrepreneurs.I have owned one or more businesses since 1995. I have been coaching business owners for more than fifteen years. So, I’ve seen lots of businesses, lots of plans, and lots of “profit and loss” reports. And now I am writing a book on starting a new business - Read More
 
April 30th, 2020 | Karl Palachuk | Small Biz Thoughts
A note for entrepreneurs.If there’s one thing that comes close to magic in business, it’s recurring revenue.If you make a one-time sale of $1,000, you get to put $1,000 in the bank. But if you make a recurring sale of $1,000, you get to put $12,000 in the bank every year.Not every - Read More
 
April 29th, 2020 | Karl Palachuk | Small Biz Thoughts
You can sign up for NexGen in Anaheim FREE if you're a VAR or MSP . . .Registration Form is HereI believe . . .I believe we'll be getting back to normal in October.And I believe I'll be busy running around the country, and the world.From The Channel Company:I hope you are well and staying healthy. - Read More
 
April 25th, 2020 | Karl Palachuk | Small Biz Thoughts
Please join us at theSMB ONLINE CONFERENCEOnly $299 This Week-- -- --Please join us - Live Online!This event has not "gone digital" - it was designed to be digital!It’s focused on the Habits of Success and features industry favorites such as Jay McBain, Amy Babinchak, - Read More
 

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