Late last year, I did a blog post looking at how clustering of competitors may have positive results (https://smallbizsurvival.com/2016/11/competition-and-clustering.html). Recently I was asked about this idea in terms of small rural town cafes. If any of you have lived in the Great Plains region of the country, you know the towns and the cafes I […]
Should Small-business Owners Trust Their Judgment?
How often aren’t we told to “trust our gut?” You see this comment made often for people starting a small business or when small-business owners need to make an important decision. Yet a recent article from Entrepreneur challenged this and indicated that this idea may be a myth. So who do you believe? Which view […]
Celebrate Small Business Week
Get out the noise makers. Put on your party hats. Order a cake. It’s time to celebrate the backbone of our economy, the small business. Small Business Week 2017, April 30 through May 6, is a celebration of small businesses across the country. Small businesses mean jobs, dollars and economic growth. Across the U.S., more […]
Follow the Money
You probably have heard the phrase, “follow the money.” The phrase became popular the book and movie, “All the President’s Men,” by Bob Woodward and Carl Bernstein. These Washington Post reporters uncovered the details of the Watergate scandal, which led to the resignation of President Richard Nixon. Today, this phrase remains valid for small-business owners […]