Eureka!! You have found a great business idea and can’t wait to get started. Enthusiasm is great but you need to do a couple of things before opening the doors. You are about to invest money and time. Taking time up-front will help ensure that your investment pays off. One such up-front task is to…
Guest post by Micah Lorenc Let’s talk about a topic that’s commonplace in business schools, but not as familiar to rural small businesses. I’m talking about Sunk Costs. I recently had a conversation with a close friend who is pursuing a new business opportunity, building a gym in a small, rural town in Southern Utah….
It seems to me the only voices being heard in this world are from big companies, big cities and big government. The news blasted on my car radio as I drove across the prairie a few weeks ago, “the nation’s Gross Domestic Product growth has risen to a booming 4.1 during the second quarter of…
The Brag Basket is open! This one is for November 23-25, 2018. Bring your good news, big or small, to share with everyone. What can you share in the Brag Basket? introduce yourself share some great news from this week celebrate progress, even baby steps congratulate a friend applaud for each other confess your…
Enjoy the holiday.
Older downtown buildings in small towns are a good use for “smart home” technology. Small businesses struggling with vintage or outdated electrical systems can use smart outlets to control displays more easily. I thought of this when I was in a local retail store at closing time. The owner and a clerk were talking…
The Brag Basket is open! This one is for November 16-18, 2018. Bring your good news, big or small, to share with everyone. What can you share in the Brag Basket? introduce yourself share some great news from this week celebrate progress, even baby steps congratulate a friend applaud for each other confess your…
For many prospective business owners, finding the business idea is the most difficult task. Theses individuals may have the desire to “be their own boss” but do not know what business will be successful. Some individual have an area of interest but cannot see how it can be turned into a business. For example, an interest…
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