For several years I did a show called “Talking Business” on a local radio station. (Thank you Neighborhood National Bank for sponsoring it!) One of the most popular shows was “Four questions business owners should ask themselves every day.” 1. How have I improved the value of what I sell? •Can you “bundle” products or services differently? •Can you create
John Nese’s business was going broke. His family-owned grocery store was being eaten alive by big chain stores. So, when a woman called looking for a unique mint soda, he saw an opportunity. Today John’s store, Galco, sells every imaginable kind of soda from around the world. Business is good. John Nese was able to adapt, here are other examples:
CLICK HERE OR ON THE IMAGE TO SING ALONG Summertime brings vacations, sunny distractions and no school. It tends to be a more relaxed and slower time of year for most businesses. However, thinking it has to be that way is a trap! Take advantage of the less hectic schedule to regroup, refocus and re-strategize!
Trevor founded a manufacturing company 20 years ago. The business continues to expand; the customer list now includes Fortune 500 companies. He has been asked to share his wisdom on several occasions, but declined. Despite his success, Trevor secretly feels inferior to other owners, insecure because of his lack of formal education.
Darcy has accomplished her life-long dream, she owns a coffee shop in a small town. She planned and saved, researched all aspects of the business, visited scores of cafes, bistros and coffee shops, and quizzed the owners. She developed a sound business plan that her banker approved. Darcy even contacted high school counselors because she wanted to share the entrepreneurial
It could happen to you. A crucial member of your staff leaves. You have a decision to make. Do you replace or not? A company owner I recently talked to was faced with that complicated decision. Replacing the employee would have been the logical choice; it would have filled out the team and made customers feel better. It would have
The saying “the devil is in the details or the fine print” cautions us to be wary. When you open a bank account, log into a website, sign up for a “free” app or a new cell phone, you agree to terms spelled out in the fine print that carry significant implications. While you should read the fine print before