All Blog Entries

  1. Unions in Restaurants

    The push to unionize may just push the profits and the business out the door...
    I was approached a few days ago by a man in a black suit who knocked on my restaurant door at 4PM on a sunny weekday afternoon. At 4PM on any day that I am open for business, my team and I are knee deep in the weeds racing against the clock, the 5PM hour when our doors open for business. The neophyte at the door reminded me of one of the men in black complete with dark glasses and sporting a badge threaded through ...
    Categories
    small business
  2. Spouses as Business Partners?

    I have heard and read that money is the most divisive problem between couples. In my opinion, working with your spouse rivals money. Of course, dealing with money is part of business, but working together also includes the root of the majority of all conflicts… differing personalities. If your spouse and you decide to work together, make sure you figure out and hold true from the start the most important thing through it all… each other.

    All total, Steven and I have worked together ...
    Categories
    small business
  3. Coming Back to Business

    Vacations are great. I just spent the last two and a half weeks in Oklahoma City. I visited my folks, rode our horses, stacked hay, and spent time with my nephews and sister-in-law. I worked most every day from my phone and computer. But instead of being in the office, I worked while I was carting my nephew on my hip, or while I sat next to my parent’s pond and looked at the Koi; work was done outside in the open… the humidity thick and the sun beaming. Going from day to day doing what you ...
    Categories
    small business
  4. Business Referrals: Two Birds with One Stone


    About 60% of all referrals to your business will result in a sale.
    It costs less (5 to 10 times less) to retain a customer than find a new one.
    Both of these statements are true. While the statistics may vary, you will close more sales on prospects that have been referred to you than those who are not referred, and it definitely is less expensive and therefore more profitable to retain existing customers. So it only makes good business sense to make garnering referrals and ...
    Categories
    small business
  5. Lowering Price Doesn’t Always Translate into More Sales

    One of the biggest mistakes a small business owner can make is lowering their prices during slow times. It may seem logical that lowering your price will bring more value to your customers or clients and therefore motivate more people to buy from you (as well as get current customers to buy more often) – but this can easily backfire in ways you may not have considered.

    But before we move on to how inappropriate discounting can diminish your bottom line we need to dispel a myth held ...
    Categories
    small business