Honesty and reliability – the one-two punch for success. Those two factors have proven to be the common denominator for business prosperity. There are many reasons why some businesses succeed, while others fail miserably. A lack of honesty and reliability…
There may come a time when a business owner/manager must revive and rejuvenate a struggling small business. A small business turnaround doesn’t occur overnight. It requires an examination to find out why the business is struggling and a plan to…
SWOT your way to the top! That should to be the mission statement for every business today. SWOT analysis is an acronym for Strengths, Weaknesses, Opportunities, and Threats. In fact, SWOT analysis is considered to be one of the most…
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…
Once 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…
Develop 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.…
Give 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…