Archives

Getting Along With Vendors

March 31st, 2018 by

Too often we tend to see our relationship with vendors as a confrontational relationship. That is exactly the opposite of the way it should be if we want to succeed. Vendors can help you in many ways, so consider these thoughts: Consolidate purchasing to fewer vendors. There is power in buying from few vendors. By

The Importance of Community

March 27th, 2018 by

What kinds of things do we get from spending time with our peers? Community provides perspective. Without it you don’t know what “good” is. So many shop owners operate their organizations in a vacuum and have no way to know if they are doing well or not. That is where a peer group comes in.

Are You Ready?

March 21st, 2018 by

We never think it will happen to us. But bad things happen to people every day. And if you think it won’t happen to you, look out. We all need to get some plans in place so that we are ready for whatever life throws at us. As business owners, it is one thing for

Key Steps Along the Path to Growth

March 15th, 2018 by

There are many key decisions that business owners need to make along their journey to grow their company. Usually, there are five major areas that tend to be the big hurdles that need a lot of work and are hard to overcome: 1. Transitioning into a sales organization. Hiring your first sales person is a

The Importance of Loyalty

March 9th, 2018 by

Colin Powell said: “When we are debating an issue, loyalty means giving me your honest opinion, whether you think I’ll like it or not. Disagreement, at this stage, stimulates me. But once a decision has been made, the debate ends. From that point on, loyalty means executing the decision as if it were your own.”

Dealing with Credit – How to Expand Your Line

March 3rd, 2018 by

Maybe you are purchasing a new piece of equipment. Or maybe you’re even opening a new location. Either way, it might mean you need to expand your line of credit. Rule #1 – We live in a new world. No matter what your experience has been previously, the rules have changed. There are much tighter