Start Up A New Business Are You Wondering How To Start Up A New Business? You aren’t alone! Like so many others, you want the best way to start up you new business. And, if your are you wondering how to even get started on figuring it out, then join the club? But guess what, […]
Hiring And Retaining Qualified Employees How Hard Is It To Hire And Retain Qualified Employees? Ah, a big problem for most small businesses. But it can normally be overcome somewhat easily, depending on the wages strategy that’s put into place. Look at your wages strategy in pretty much the same way as your pricing strategy. […]
Do You Have Vampires? There are all kinds of vampires that suck the blood out of a business. These can be bad employees, bad customers, and bad expenses. So, let’s talk about each of these. Bad Employees Normally, a new employee is put on probation for a period of 90 days, and this period is […]
Avoiding Mistakes On Startup Would you like to go to your bank to open your business checking account up, just to find out that you need an EIN number, and normally, to be registered with the state, before you can open it? That’s embarrassment and aggravation! Not to mention, a waste of your time! Well, […]
Making Unhappy Customers Happy I remember taking a sales course and the teacher asked each attendee, What do you do to make an unhappy customer, happy! Almost everyone in the room said, I’d give them a discount or I wouldn’t charge them at all. But, of course, I was different. I said what I always […]
Pricing Strategy Pricing Strategy One of the most important functions of business leadership is to determine their pricing strategy. This is critical beyond critical to determine a business’ survival. Along with a customer service strategy, this will make or break the company. So, we’ll talk about pricing here, then customer service will be up next […]
Building Buyer Loyalty Hello all! The Vicious Cycle It’s been going on for a very long time. A salesman goes into a business and offers that business low prices to switch over to their company for their offerings. And it often works! The company changes vendors to save money and improve their bottom line. Of […]
The Biggest Problem For Retail Things Haven’t Changed!: I had an interview back in 1997 to become the General Manager of a new startup business in New Olreans. That business would be called, Bedding Plus. One of their questions to me was, What’s the biggest problem in retail today? My answer was, customers want the […]
What’s The Biggest Problem For Small Business Today? The Federal Reserve’s 2026 small-business survey found: Top operational challenge: Reaching customers and growing sales Top financial challenge: Rising costs for goods, services, and wages Next major obstacle: Hiring and retaining qualified employees Together, these pressures squeeze cash flow: sales are harder to generate, each sale […]