The RoyceReport-TV
5 Important Items to Consider When Opening A Business
Opening a business is an exciting time and many decisions that must be made. There are also many details that need to be considered and examined. This video provides insight into five of those items that are frequently overlooked.
How to Apply and Qualify for an SBA Loan – Tips for making the process more effective.
In this video, I provide guidance on making the loan process less cumbersome, dramatically increasing the chances for success. The more organized you are at the beginning of the loan process, the more efficient the underwriting will be.
How to Effectively Fund Your Business - 8 Different Types of Financing for your Business - Part 1
There will come a time in every business when an owner can no longer self-fund. They will need additional capital outside of their own resources to either start a business or grow and expand an existing company. The lack of capital is one of the top reasons businesses do not survive. In this video, I share insight on eight different ways in which to fund a business whether it is for a start-up or, to grow and expand an existing company.
Five Recommendations On How To Be A More Effective and Influential Leader
Leadership comes with a great amount of excitement and responsibility. A title may provide a person with the authority to lead, a title alone does not necessarily make a person an effective leader. This video will provide five recommendations on skills to continually focus on that will make a person a far more effective and influential leader.
How to Create Wealth Owning a Business
Owning a business can be very rewarding and offers many opportunities and flexibility for the creation of wealth. Business owners should always be thinking of how to create this wealth. It will take planning, creativity, and forethought. In this video are three recommendations on how to create wealth.
What are SBA Loans (Part 1)
A great means to finance a business, business growth or, owner occupied business real estate is with an SBA loan. The three most frequently used SBA loans are the Micro Loan, SBA 7A, and the SBA 504. In this episode of the Royce Report-TV, an overview of the SBA programs is provided.
4 Recommendations On How To Be A More Effective Communicator
We all communicate with people every day and having quality communication skills, whether in writing or verbally, is essential. Even persons in Business to Business professions or businesses, the reality is it is People to People. Communicating concisely and distinctly will consistently avoid miscommunication and create a stronger relationship between companies and clients, businesses and employees, and coworkers. Here are four recommendations on communicating more effectively.
What is a Business Plan and Why is it Important?
A business plan is as important to a business as blueprints are to contractors or GPS directions for a trip. Take a moment and imagine attempting to construct a building without drawings or attempting to travel without directions. In this video a business plan is defined, its importance discussed and what is required in a business plan is shared.
What is a Great Attitude?
Over the years much has been written about having a great attitude, a positive attitude, and a forward-thinking attitude. A great attitude is very difficult to define, the traits of a person with a great attitude are easy to notice. Here are the six traits that I have observed in those who I believe have a great and positive attitude
How to increase sales by understanding the Seven Steps of the Sales Cycle
For a company to have revenue, something must be sold. There is a specific set of steps necessary for a person or company requiring the product or service you provide, from obtaining knowledge on your firm to being a satisfied client. Those steps are known as the sales cycle. Understanding each step of the sales cycle will significantly enhance your abilities to evaluate your sales with the ultimate goal of increasing your company’s revenue.
Is Frustration your Friend or your Foe?
At times an unforeseen business challenge can create a large amount of frustration. This frustration can become your foe, freezing you in place, preventing you from moving forward, or can become your friend and have you seeking a solution in places you never thought of looking before. Here are five recommendations on making frustration your friend and locating that solution you would have never thought of before.
The Three Categories of Preparation Required for Success
How well do you prepare to succeed in business? Business requires preparation as does everything else we wish to accomplish in life. A great amount of time is spent preparing for many of life’s event such as high school and college graduation, weddings, purchasing a home, moving and the list goes on and on. How much time do you spend on succeeding in business? There are three distinct categories of preparation necessary to operate and succeed in business. They are personal preparation, organizational preparation, and action preparation. Understanding and spending time working on each category will greatly assist in succeeding in business.
Recognizing and Overcoming Obstacles is Vital for Success
There are obstacles in business every day, some are small, and some are large. Recognizing those obstacles and working around them is vital for a business’s success. Ignoring them will have the opposite result. This is identical to each time a football team’s offense takes the field. The more effective an offense is in overcoming the eleven obstacles (the defense), the greater the odds of achieving the desired outcome: scoring a touchdown and winning the game. The video describes five strategies learned from watching a talented offense that can be applied in business.
Two Powerful Reasons to Always be Observing, Studying and Respecting Your Competition
Everyone has competition and how you observe, study, and respect your competition will go a long way to enhance your own business and profession. The flip side is also true if a business ignores the competition the business can slowly disappear. The video describes both scenarios focusing on two powerful benefits to always observe, study, and respect your competition.
What is the Formula for Success?
What is the Formula for Success? All accomplishments require a plan, as does achievement in business. The Formula for Success has six specific parts, and when you follow them on a regular and rhythmic basis, your business goals will be easier to achieve.
How to keep your New Year's Resolution using these Five Action Steps
New Year’s Resolutions tend to fade away by February. Here are five specific action items for your New Year’s Resolution to continue throughout the entire year.
2021 – Beyond a New Year’s Resolution. 4 Action Steps to Jump-start The New Year
New Year’s Resolutions come and go, habits remain forever. There is no better time than today to begin to prepare for 2021. Here are 4 actions steps to jump-start, today, tomorrow and 2021.
Five Traits of Persons Thriving During the Pandemic
Covid-19 has changed almost everything and through it all many people have seemed to thrive. Here are the five traits I noticed of those who are succeeding in spite of it all.
What is Empowerment & Why is it Important?
Tommy Hilcken of Tommy Hilcken Productions and I have a discussion on the importance of empowering each other and ourselves. During our discussion he describes three aspects of empowerment, their benefits and when one throw kindness out into the world kindness will return.
How to Effectively Market Your Business
Ted Polmar and Ilene Greene of Marketshare Communications discuss how to efficiently and effectively market your company and provide action steps that you can take immediately to increase the awareness and exposure of your business. In addition they provide insight into their unique marketing strategy “SCATTER”.
What Small Business Development Centers (SBDC) Can Do for Businesses
Mr. Vincent Vicari the Regional Director of the SBDC at Ramapo College in NJ, and I discuss how the SBDC can assist businesses recover from the pandemic and other services provided for business start-ups, growth and expansion.
Success Can Be Found In Difficult Times
Community Hope a not-for-profit in New Jersey providing housing and other support services to veterans, veterans families and persons suffering from mental illness. In total they provide housing for over 400 persons and employee over 150, through the COVID-19 crisis Community Hope has had only 6 COVID-19 cases total, residents and employees combined. Carmine Deo the Executive Director and I spend a few moments discussing their extraordinary success.