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How to Prevent Scope Creep in a Service Business

How to Prevent Scope Creep in a Service Business

by Steven Kohnke | Oct 10, 2026 | Business Strategy, Finance, Operations, Process

How Do You Prevent Scope Creep?To prevent scope creep, define what the client is buying, make extra requests visible, and approve changes before you deliver them.Give your team a consistent way to include, swap, quote, or defer additional work, and review the margin...
Profit per Employee: A Practical Small Business Guide

Profit per Employee: A Practical Small Business Guide

by Steven Kohnke | Oct 4, 2026 | Business Strategy, Finance, Operations, People, Uncategorized

Profit per Employee: Formula, Examples, and Hiring DecisionsWhat Is Profit per Employee?Profit per employee is company profit divided by employee count or full-time equivalents (FTEs) for the same period.In a small business, use average FTEs and name the profit...
Cash Conversion Cycle for Small Business: How to Improve Cash Flow Without Waiting for More Revenue

Cash Conversion Cycle for Small Business: How to Improve Cash Flow Without Waiting for More Revenue

by Steven Kohnke | Aug 23, 2026 | Business Growth, Finance, Operations

WordPress paste version. Whitespace between tags is removed on purpose: wpautop rewrites newlines into and and will break tags apart. Paste all three blocks into ONE Divi Code module, in this order. -->Finance · Business StrategyCash Conversion Cycle for Small...
Cash Flow Forecast for Small Business: Build a 13-Week View Before the Bank Balance Surprises You

Cash Flow Forecast for Small Business: Build a 13-Week View Before the Bank Balance Surprises You

by Steven Kohnke | Jun 11, 2026 | Business Strategy, Finance

Cash Flow Forecast for Small Business: Build a 13-Week View Before the Bank Balance Surprises You Based on coaching engagements with Denver-area business owners, one pattern shows up repeatedly: the owner knows the current bank balance but cannot confidently explain...
Legacy in Motion: Using Business Advisory Services to Prepare for a Future Exit

Legacy in Motion: Using Business Advisory Services to Prepare for a Future Exit

by Steven Kohnke | Feb 12, 2026 | Business Growth, Business Strategy, Finance

Most business owners do not wake up one day and decide it is time to exit. The idea usually arrives quietly. It shows up as a thought about slowing down. About spending more time with family. About stepping back from daily operations. About what the business would...
How Small Businesses Can Build Financial Resilience in Uncertain Times

How Small Businesses Can Build Financial Resilience in Uncertain Times

by Steven Kohnke | Aug 6, 2025 | Finance, Improve Company Value, Operations

In 2025, economic uncertainty is no longer a rare disruption—it’s a recurring feature of the business landscape. From inflation to rising interest rates, supply chain delays to consumer hesitancy, the ability to respond to these shifts is what separates the businesses...
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  • How to Prevent Scope Creep in a Service Business
  • Profit per Employee: A Practical Small Business Guide
  • Annual Business Planning for 2027: A Small Business Guide
  • Key Person Risk in a Small Business: Owner’s Guide
  • Customer Concentration Risk: How to Protect Your Business Value

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