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business strategy

he ability to maintain your business’s standards is one of the best indicators of long-term success. Business owners can be under pressure to lower their standards for two main reasons: when conditions are abnormally bad or when they’re abnormally good. If revenues and profits are down, some business owners can’t resist [...]

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How Small And Local Businesses Can Play To Win

by Mike Periu on October 18, 2011

in Small business

It’s not easy being a small and local business in the United States today. Threats that can lead to business failure are everywhere: poor economic conditions, limited access to financing, high unemployment among potential customers, competition from Internet-based companies and lower prices from large corporate competitors.
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As the economy continues its precarious path forward, consumers and business customers maintain a price-conscious attitude.  Many large companies have made the decision to use price reductions, sales and rebates to increase (or maintain) unit sales.  This tends to cause a great deal of grief to small business owners who [...]

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What Is Driving Your Growth Strategy?

by Mike Periu on October 4, 2011

in Small business

When it comes to growing your business, remember that not all growth is created equal—some types of growth are far superior. The ideal type is accelerated, high-margin, manageable growth. But for many companies, the type of growth they experience only has one or two of these three characteristics:
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Where To Keep Your Money Safe

by Mike Periu on September 29, 2011

in Small business

This year has been very volatile when it comes to money. Stocks, bonds, currencies and commodities have seen significant price increases, decreases or both. It seems as though every week a new crisis—real or imagined—is making news around the world.
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The U.S. dollar has taken a beating lately. Since July, it has fallen significantly in value against the Yen, Euro, Pound, Canadian Dollar and Gold among other currencies and commodities. This downward trend may be accelerating, but it isn’t something new.
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What’s Happening To Hewlett Packard?

by Mike Periu on August 30, 2011

in Small business

Hewlett Packard is a legendary company. Founded with $538 in 1939 by Bill Hewlett and David Packard in the proverbial Palo Alto garage, HP has grown into one of the largest companies in the world.  They currently employ over 324,000 people and generated over $126 billion in revenues last year. Additionally, [...]

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