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 [...]
Continue Reading
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.
Click here to read the full [...]
Continue Reading
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 [...]
Continue Reading
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:
Click here to read [...]
Continue Reading
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.
Click here to read the full article.
Continue Reading
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.
Click here to read the full article.
Continue Reading
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, [...]
Continue Reading