The academics who roam the halls of the Harvard Business School will tell you that there are really only two basic ways to compete in business: Price Product/service differentiation That’s probably true, but within each of those categories – and especially within the differentiation category – there are many variations or strategies you can use […]
Anyone who understands the reality of what it takes to run a successful small business knows that unions and small business are like oil and water. But the politicians in Washington DC don’t get it. There are 14.8 million union workers in the U.S. as compared to 28 million small businesses and self-employed individuals. Despite […]
Looking for a good small business idea that could turn into a big business idea? If you are, I think we’re living in extremely exciting times and I say this because it’s clear to me that businesses we used to think were established and virtually untouchable are now vulnerable to startup competition. Some of these […]
It’s become a common complaint: Small business hiring is difficult due to a lack of good and readily available talent. At the heart of this issue is the fact that when it comes to good sources of applicants, small business owners are usually at a handicap when compared to bigger employers. However, if you […]
The National Small Business Association (NSBA) released its 2015 Year-End Economic Report today and the big picture is one that we have seen before: Small business owners are generally upbeat and confident in their own ability to grow, but they fear others may not fare as well in an uncertain economy. I think this reflects […]