40 years ago today — August 25, 1982 — was a day where two things happened that have had a lasting impact on my life. Background: After six years away from Chicagoland, Dana Corp. transferred my father back to the…
One of the biggest challenges investors in small businesses face is working with sellers who have unrealistic expectations of the value of their business. In this post, I am going to talk about the four buckets that most small businesses…
(Note: the site TheBusinessRescue.com directs here) Here’s a 14-point plan for rescuing your business. If your business is suffering from declining revenues – perhaps due to COVID-19 – you should implement these steps immediately. Before we get to the specific…
As a small business owner, you should be sending a “Coronavirus message” to everyone on your email list.
So I was making some cold calls in a new-to-me industry the other day when I reached a business owner who asked me the following question: “Are you aware of what the profit margins are in this industry?” Of…
As of the day I am writing this post, there are just 15 shopping days left until Xmas and just three weeks left in 2019. How can you make an impact on your small business in such as short time?…
I recently posted on Twitter that I have over 200,000 unread emails on my Iphone. One reason I have so many emails is that I subscribe to a ton of email newsletters, mainly so I can “swipe” ideas for marketing…
Are you a small business owner that works more than 25 hours per week in your business? If so, you are likely experiencing diminishing returns from any hours you put in past the 25-hour mark. I recently came across a…
Recently, transportation and logistics giant Federal Express Corp announced a rate increase that will take effect in January, 2020. FedEx is actually employing a very sound strategy here that most small businesses can emulate. Can you see it? If you…
For the last few years, Salesforce has promoted using the combination of Process Builder and Flow to solve business problems using “clicks, not code.” Taking this advice to heart, I have created dozens of Processes and nearly a hundred Flows…
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