Improving your business’ revenues and profitability does not require giant leaps in productivity. Many business owners waste too much time trying to find the magic bullet that will transform their businesses overnight. Do these exist? Yes. Is it a good idea to chase them? In my experience there answer is no.
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When it comes time to pitch your company to investors, most business owners play it safe. They have their traditional PowerPoint presentation that includes the Mission, Vision, Product description, management team experience, sales strategy, financial projections and competitive advantages. That’s fine, but it isn’t enough to convince investors to write [...]
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The United States Postal Service (USPS) operates on a scale unimaginable to most business owners. The USPS is the second largest civilian employer in the country. On a given day, USPS delivers 584 million mail pieces and generates $224 million in revenues. Yes per day. Last year, revenues exceeded $67 billion.
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The acquisition of The Huffington Post by AOL has generated hundreds of expert views on the matter. Mergers and acquisitions (M&A) transactions, in general, show mixed results. Despite making sense on an Excel spreadsheet, many M&A transactions are plagued by problems: systems integration issues, differences in cultural communications, lack of post-merger direction, [...]
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Behavioral economics and behavioral finance are some of the most fascinating areas of study today. The disciplines combine economics, finance and psychology in ways that better model how consumers actually make decisions. In general, the study of economics is based on theoretical models that only remotely resemble the complexities of the real [...]
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I recently wrote about the importance of managing inventory due to its direct impact on working capital. In the article I mentioned Quidsi, the parent company of Diapers.com, Soap.com and BeautyBar.com, which used effective inventory management to generate respectable profit margins in the otherwise cutthroat business of online retailing. Quidsi is on track to [...]
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The Ewing Marion Kauffman Foundation is the largest foundation in the world dedicated to Entrepreneurship. With an endowment of over $2 billion, the foundation deploys its resources to the study of entrepreneurship, innovation and the improvement of educational opportunities. Its vision is to foster “a society of economically independent individuals who [...]
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Financial expert Mike Periu will appear on Univision’s award-winning program Despierta América. This time, he will be presenting: Economic analysis of President Obama’s news conference.
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