Posted 4/18/14 at 1:30 PM | Brian Wallace
Posted 4/18/14 at 8:24 AM | John Dillard
ALL honest business owners will tell you they struggle.
What to do? What to do Next? How Hard to Work? What to Work On? What to Focus On?
“For Running a Business is an Art Based Upon the Science of Business” – Duluth CPA, John Dillard
The below is a sample inquiry we might receive from a busines owner at a crossroads.
Hi John, I'm seriously considering a change in my life. With that I must decide if I am going to keep my business, sell it, or walk away. I've been doing some reading on how to value a business for sale. It's overwhelming for me. Having seen my tax forms over the years, what is your gut feeling on the idea of selling the company rather that walking away? Thanks for your input.
Below is my response:
Of course in my opinion I would rather you sell than walk away because you will walk away with more money! However I'm not sure that is the best question to be considering at this point. The most important thing that I would advise you to consider at this point is your opportunity cost of staying and making appropriate improvements in your business versus the opportunity cost of closing, selling and beginning a new venture as a W-2 employee. The best thing I can suggest that we do is for us to get together and meet. Let me know a few times that work for you and we'll set something up. FULL POST
Posted 4/18/14 at 2:38 AM | Sylvie Simms
Bringing attention to your business is essential in order to help it grow. Attracting customers by using effective exterior graphics will help you draw in people to your brick-and-mortar location so you have the opportunity to sell. Not only does this give you a chance to advertise to customers when they are away from the television or radio, it also helps you narrow your focus to select markets. Whether you want to promote your business by purchasing a building wrap to go around your store, buying graphics for a company vehicle or advertising at a bus stop, there are nearly endless opportunities to remind your potential customers about your business.
Your options are not limited by your budget for advertising either. Retail stores that want to promote a certain event or special can do so with cut vinyl lettering and a sign put up by the entrance. With an effective color scheme and captivating text, this is a simple way to get your products noticed by passersby. The goal is to make sure that your customers have every opportunity to learn about your business without feeling that you are overdoing it. Finding the right balance will get customers in the front door so that your team can do the rest. FULL POST
Posted 4/18/14 at 12:18 AM | Sylvie Simms
The Search for the Perfect Power Source
Since the first cell phone was developed many decades ago, people in the industry have been searching for the perfect source to power these mobile devices. Many sources have been used and improved on over the years. This has brought about a modern battery that supersedes previous power sources for mobile devices.
Over the years, devices and batteries have seen some difficulties that needed to be improved on. Initial mobile power sources, such as nickel cadmium batteries, were unable to hold a full charge and were filled with toxic chemicals. Other power sources replaced the first cell phone battery, but these replacements had their own disadvantages. Although able to hold a full charge, these other batteries were bulky and heavy, which prevented smaller and more lightweight devices. These batteries could also be very expensive, making it harder to provide a cost-effective cell phone.
Improvements and Innovations
Over the years, the search for the perfect power source has continued. Scientists have worked to create cost-effective and lightweight batteries that last longer and recharge faster. In addition to these superior batteries, cell phones are no longer limited to being charged by a cord plugged into an electrical outlet. Innovations in charging are currently being made and now no cords are needed with wireless charging. These innovations have pushed the mobile device industry closer to the perfect power source, but the search will never end as more eco-friendly and powerful sources are developed. FULL POST
Posted 4/17/14 at 1:23 PM | Phil Cooke
I love the quote by painter Chuck Close: “Inspiration is for amateurs. The rest of us just show up and get to work.” Real creative professionals know that creativity isn’t about a spark, or inspired moment. Sure those things happen, but they’re rare and can’t be counted on. What can be counted on is showing up. One writer described the writing process as simply “Connecting the seat of your pants to the seat of a chair.”
Daily routines are the key to long term creative productivity. The book “Daily Rituals,” by Mason Currey tells the story of 161 creative professionals throughout history and charts their daily routine. The result is amazing. What I discovered from the list of writers, painters, musicians, and other creatives is that the vast majority were virtual slaves to a daily routine. They created the environment, schedule, and process that worked best for them – and then stuck to it. FULL POST
Posted 4/17/14 at 12:11 PM | Brian Wallace
Posted 4/17/14 at 9:48 AM | Brian Wallace
Posted 4/17/14 at 1:23 AM | Sylvie Simms
Infographic: How Online Reviews Can Make or Break Your Business
Posted 4/17/14 at 12:15 AM | Sylvie Simms
Transportation is needed for a variety of activities, from going to work to taking a trip to the grocery store. There are many different ways to get around, including driving a vehicle, taking the bus or even riding a bicycle. Out of all of these transportation methods, using a vehicle is the most convenient and popular option, which is why so many people choose to own or lease a vehicle.
Deciding whether to own or lease a vehicle can be a difficult decision to make. Both options have pros and cons, so the decision needs to be made based on personal preference, budget and driving habits. All of these factors can help determine which option is right for you, making it easier to find the right vehicle with the right financing options. Use the following pros and cons of buying and leasing a vehicle to help determine which option you should choose.
Posted 4/16/14 at 10:45 AM | Phil Cooke
At some point or another, everyone has boss problems. I’ve worked for bosses who were the owner’s son or daughter, and were completely incompetent. There are fine leaders out there who are second generation, but in my career, I’ve worked for some real losers. I’ve had other bosses that were insecure, others who were egomaniacs, and still others who wanted to be somewhere else. As a result, sooner or later, most employees dream of owning their own business and becoming their own boss. But there’s a problem with that dream – unless you are independently wealthy, everyone has a boss.
When I left full time employment and became a freelancer, I suddenly had multiple bosses – my clients. When I started Cooke Pictures, in theory I was the boss, but once again, our clients are my bosses. Try as you might, as long as you’re working full-time, part time, freelance, or self-employed, you’ll always have a boss. Which leaves only one option: FULL POST