Archive for November, 2008
Top 5 Things to Help Your Business During These Tough Times
In the last two years I have traveled this great land helping small business owners tackle a variety of business issues.
From reorganzing businesses to developing new channels of distribution to creating job costing models, my hands on experience is second to none when it comes to understanding business.
My working toward a Ph.D. also fortifies my understanding [...]
Consumer Confidence
Is the U.S. economy really that bad?
Of course not.
I have been saying this for the last year.
We have to recognize that what is happening is shear panic.
It basically boils down to big bank against big bank.
Of course, the media helps stir a frenzy of panic, where consumer spending in low.
Great. Low consumer spending means we [...]
Does Your Business Need a Consultant During These Tough Economic Times?
Do you think you need professional help?
If you are reading this, I would say yes.
Let me tell you a little story about the perception of professional help in the form of a consultant.
I have been extremely busy this year traveling around the country working hand in hand with business owners helping them “manage” their business [...]
Bail out the big 3?
Well, what do you think?
Should the Federal Government bail out the big three auto makers?
Yes and no.
Yes, because it would be the end of American business if the big three didn’t get help. Think about it. No help would end American business. It just would.
It’s a ripple affect. The big three will not only release workers [...]
Bad Loans
I met up with a client I hadn’t seen since June (2008) as I have been crazy busy. Back then he wanted to get his finances in line so he could buy the building in which he operates his auto service business out of.
Back then, we discussed how he did not qualify for a loan [...]
Is the U.S. in recession or not?
No, we are not.
Ladies and gentlemen, the U.S. needs requries three consecutive quarters of negative growth to be in recession. Despite what you hear via the American media, we are not in a recession.
Japan and Europe are in recession as they have different criteria to claim recession.
I believe Japan requries two quarters of negative growth, [...]
Know Your Business
So we know now that things are tough and we must manage our business as best we can.
What does that mean? How do we manage our business as best we can?
Maybe we should hire a consultant.
No, don’t do that…yet.
There are allot of consultants out there and in tough economic times like these, there are a [...]