Reducing transport costs may be your goal, but in reality you will only be successful over the long-term if you are able to maintain a good working relationship with your core carriers. The secret is to implement an orderly, professional “Request For Quotation Process” (RFQ) and to put in place appropriate metrics to effectively measure [...]
What is 5S… On the internet, you will find dozens of articles about 5S. While there is some debate as to whether 5S was founded in the work of Henry Ford or 5S emerged from Japan, there is one thing everyone agrees on: 5S is a pre-requisite for Lean Manufacturing. If you can’t do 5S, [...]
Keeping your business afloat in choppy waters By Jeffrey D. Carlson, CFP® Small business is said to be the lifeblood of the nation’s economy. Cash can be the lifeblood of any small business that wants to survive and thrive through a choppy economic environment. Building up a sufficient cash reserve to help see a [...]
Recently I visited two small businesses where the owners informed me that it was their intention to operate the businesses for another four to five years, sell off the businesses and retire on the proceeds. However, upon further examination, it became apparent that the businesses could not operate for more than a few days without [...]
Metrics, love them or hate them, they are all around us: Fahrenheit measures temperature, miles per gallon gauges fuel efficiency, kilowatt per hour calculates energy consumption and the list goes on an on… While metrics can give you an indication of how something is performing at a given time, the real benefit comes when you [...]
The balance between personal and business goals is an important issue for all small businesses as the two are difficult to separate and sometimes in conflict with each other. I’ve visited a number of businesses recently that have been suffering because the personal goals of the owner have not been aligned with the business goals. [...]
For the past 6 months I have been involved with a local business mastermind group. What I have found is that a mastermind group is a FREE way local businesses can work together to help survive and prosper through the tough economic times. I feel every business owner should form or participate in a mastermind [...]
Often times when I meet with a homeowner that is considering selling their home we end up talking about open houses. I have found that most homeowners believe that Open Houses are a vital tool to get their home sold. When I share with them the following information they are usually shocked. I hope you [...]
Jennifer Garcia, with Logicreative Design, has been creating graphic designs and web designs for companies in the area for several years. However, Jennifer not only wanted to offer her clients great design work but she also wanted her clients to have an extremely creative way to display their graphic work. So she decided to create [...]
Wednesday, July 21, 2010, 4:30-6:30pm. Hear Tammy Phelps share Blueprint for minting money in commercial real estate. Monthly meeting cover new topics to help you make informed decsions. More information… The Hampton Inn of Alexandria, 5821 Richmond Highway, Alexandria, VA 22303. The real estate entrepreneur of today must be educated and well informed as the rules [...]
