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According to the U.S. Small Business Administration (SBA), most businesses that fail do so for lack of money management, not as you might expect from lack of sales, or profits. This is particularly true in the portable sanitation business, because the cost to service increases quickly during the busy months and payment for service can trail a month or two behind delivery of service.

3 Tools to Help You Decide Your Future

Many companies find themselves at a point where they need to become more efficient and corporate in the way they run their operations.

Imagine you’re lost on an island with a group of people and everyone wants to go in different directions or try their own ideas to survive. There would be fights, conflict and a lack of cooperation. “Lost” is a very popular television show that uses this situation to develop stories for each episode.

In an economic shake up, how will your business shake out? By Ed Cooper, President Emeritus, PolyJohn Enterprises (First appeared in the 2007 Fall/Winter JohnTalk publication)

With the Pumper & Cleaner Environmental Expo just around the corner, PolyJohn’s Mike Adams discussed what the portable restroom manufacturer is most looking forward to at this year’s show. He’s been attending the Expo for 28 years, so we knew he’d have a few insights.

1. Assess your business 2. Make a plan 3. Support the plan 4. Work the plan If you haven’t formally reviewed your business, you can still make adjustments that will help you increase your success by putting your own plan in writing. To support the plan and your people, you need to make sure key employees have bought into it. Meet with them and decide if they need any additional training, help, or motivation to make the plan more successful.