COVID-19 Symptom Attestation

Small Business Development Center

SBDC Blog

SBDC Blog

When it comes to growing a retail business there really are only three ways to grow.

You can:

  1. Increase the number of customers you serve.
  2. Increase the average transaction value.
  3. Increase the frequency of customer visits.

Is one of these three ways to grow any better than the others? I would argue, yes. But it depends…

First, it is helpful to engage in a little analysis and self-reflection. Because knowing why you want to grow and which way you intend to grow helps you focus on the variables you can change.

Kn... continue reading Three Ways to Grow a Business

A couple weeks ago, our office needed the backdoor repaired. The repair person greeted me that morning with a friendly, “How are you doing this morning?” I replied, “I’m really happy to see you this morning. That door has been so sticky lately, we all feared we’d throw our back out trying to open it! You’re going to be our hero today!”

The repairperson’s next comment spurred the idea for this blog post. He said, “It’s really nice to be appreciated. Most people highly underestimate the value of being recognized.”

Take a moment to reflect on that statement.

... continue reading Two of the Most Powerful Words

Let's face it...most stock photography sucks.

Perhaps worse, it can cost a small fortune to hire a real photographer to shoot what you want.

So what's a marketer to do?

Fortunately for you, there ARE a number of great resources to find awesome images for little to no cost!

Below you will find a curated list of the best sites for finding free photos. 

For the most part - they are free to use and made available under the Creative Commons Zero License

... continue reading Great Sites for Royalty Free Images

Do you have team meetings at your business?

company meeting

Pro tip:

The next meeting you lead, try a quick, round-robin check-in about what’s on each individual’s mind. Ask your colleagues to share something good (Strike!!!) and/or not-so-good (Gutter L) about what’s going on for them. It can be completely unrelated to work.

The intention is to let everyo... continue reading Strikes and Gutters: A Mindful Meeting Practice

This is Part II in a three part series on the basics of managing a business. Part I looked at how to Understand the Mechanics of your business. In Part II, we’ll look at cashflow. As the saying goes, Cash is King! Without cash, your business is like a boat in water with no motor, oars or paddle.  Without cash, there’s no electricity to fuel the operation of your business. In case it isn’t clear yet, cashflow management is one of the most important things a business manager will do!

Pages