Collecting the right numbers equals a big payback. For any business, utilizing the correct measurements, sometimes called KPIs or key performance indicators, will determine if the business is slated for a big profit or huge loss. The information generated from…
Read MoreOnce a dream is now real life. That’s the story for many people who decide they want to start and run a business. Owning a small business can be both thrilling and challenging. Many people, and you may know some…
Read MoreDevelop a winning formula in overcoming your competitors. That’s the slogan every small business owner should post on its cash register. Owning or managing a small business can be very gratifying. However, challenges and obstacles pop up almost every day.…
Read MoreGive your customers a voice. Why? Because customer “feedforward” (formerly known as feedback) is critical for the future survival of every business. Customer feedforward is extremely important for any business looking to enhance its products and services. By vigorously asking…
Read MoreDon’t ignore business fraud. That’s a rallying cry which should serve as a billboard above the company cash register. Business cheating or fraud takes place in every facet of life. There is no limit or boundaries to cheating. Fraud or…
Read MoreYesterday is over…plan for tomorrow. That should serve as the slogan for every small business. Challenges are the expected for the owner or manager of a small business. There isn’t a day which goes by that a small business owner/manager…
Read MoreFind the answer using a thoughtful approach. Solving problems, especially immediate critical problems, are part of the job description for a small business owner/manager. Many times, the answer becomes a quick response without much thought or consideration about potential future…
Read MoreMarketing should not be a misunderstood ingredient. However, it is. In fact, many small businesses, or large businesses for that matter, seem to miss the mark when it comes to effective marketing. Some businesses misunderstand how to properly utilize marketing…
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