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Are you ready to start and manage your own small business? Increasingly the average person is thinking that they are indeed ready to try. That’s great because you do not need a Ph.D. in Business nor a Masters’ degree or a college degree to do well in business. Many highly successful businesspeople either did not […]
The calendar has changed… the economy has changed… later this year some of our elected officials will change, and along with the governmental policies will change. Will you be ready? If you operate your business the same way you did last year, status quo, you will miss some new opportunities and may become “stuck in […]
By J. Malcolm Richards, District Director, U.S. Small Business Administration North Florida District Approximate Word Count: 442 As the Agency whose primary mission is to support our nation’s entrepreneurs, we at the U.S. Small Business Administration (SBA) celebrate small businesses daily. When our small businesses thrive, our communities thrive. As part of our annual tradition, […]
There are a number of “four letter words” related to the ins and outs of inventory; that necessary evil of business: both loved and cursed because it represents hope for profit, enables making a sale, generates cash, but also represents a cost, and if not controlled can be lost, or at least result in a […]
For those of us living in Florida, we received an indication that the Hurricane Season is beginning when the first named storm formed in May (Tropical Storm Arthur). While it did not pose a threat to Florida, it was a good reminder that businesses should prepare (for those that do not have them) or update […]
Does your business have a customer or market niche? If so, you can conduct target marketing and focus your efforts directly on potential customers. If not, your business is functioning in a generic or commodity market where it is hard to distinguish your product or service from that of your competitors. Many businesses have products […]
A mishap with my car got me thinking about wheels and tires last night. The “Wheels of Industry” is a phrase first used and written down, according to oxforddictionaries.com, in the mid 1700’s by William Wilke, a Church of Scotland minister who used it in one of his sermons. It occurred to me that wheels […]
If you have been following the news from England, you have been aware of the fiasco that Kentucky Fried Chicken (KFC) had to deal with there. Beginning on February 14th, 2018, and continuing for more than a week, KFC was unable to get chicken to their 900-plus stores in the UK and over 800 of […]
After watching a number of “cute wildlife” videos on YouTube, it occurred to me that both crows and squirrels have characteristic behavior, that if adapted by business owners, could increase the performance of their businesses. Business owners should think like a crow and act like a squirrel in order to increase the performance of their […]
Interview with Marco Tran, I-Tech Personnel Services in Jacksonville In the latter part of this year, Hurricane Irma brought quite the impact to Florida’s First Coast, but there is a silver lining – the Florida SBDC was able to assist local small businesses, like I-Tech Personnel Services, in obtaining Emergency Bridge Loans to help “bridge […]
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