Building a small business and developing an invention take different skills. I was reminded of this when I read David McCullough’s book, “The Wright Brothers.” Inventors are interested in the development of the idea. They are not put off by trial and error. Business owners are focused on solving a consumer’s problem and doing so…
If you have been reading my Wednesday contributions to Small Business Survival, you know to expect some tip for your business operation or some new idea seen elsewhere. This week you will find something different. I need your thoughts. I have an opinion but am I realistic? Here is the situation. Over the weekend, I…
Let’s begin with a story. It’s a story about a man who was upset with the way things were done. The man decided to compile his issues and then post this for people to see and comment. Because of a new technology, his message was not only read by the community but reached far and…
Small businesses must think big. I suspect that I am telling you something you aren’t already planning. Owners are always thinking of how to add more staff, sell more, increase the size of your store and, the ultimate, increase the number of locations you have, and make more money. All of those are certainly worthy…
How often have you entered a store only to experience one of these two scenarios? You can’t find anyone to help you or a salesperson descends on you and just won’t go away so you can shop. You hear a lot about the importance of customer service. Yet, much of what you read and hear…
Whether you are starting a business or looking to grow your business, there is always a need for capital or financing. With the advent of Internet, new opportunities for capital have developed. Plus all of the old methods are also still a possibility. Typically, you, the owner, make the first investment into the business. It…
What’s being said about your small business online? Many small business owners have made the decision to not get involved in the growing social media trend. Their reasons include: the time or money it takes; don’t understand it; doesn’t seem necessary; or their customers aren’t using it. Avoiding the online world is the wrong path…
Do you steer away from the competition? Or do you embrace the opportunity and locate beside your competitors? Often small-business owners will tell you that they would be happy if they had no competition. Yet having no competition may mean you are selling something that no one wants. Given that thought, the same owner may…
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