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Hiring, firing, and managing people is one of the most difficult challenges for small business owners. Watch Firing Employees from our HR Heaven or Hell Series.
The Incas had two levels of building
construction – the type of construction they used for their leaders’ buildings
and temples, and the type of construction they used for everything else. For temples and leaders they demanded
perfection – stones were carved and put together so they fit perfectly without
My daughter, Kate, and I just came back
from a phenomenal trip to Peru. We visited Cusco, the Sacred Valley and Machu
Picchu. The Incas were a great
civilization that got wiped out by the Spaniards in the early 1500’s in their
quest for gold and silver.The Inca didn’t have electricity, air
conditioning, or refrig...
believe in loss leaders - products or services that you sell to a customer for
less than the cost of making that product or service. This belief may come from
supermarkets who are famous for loss leaders - enticements to get you in the
store, knowing that is unlikely that you will leave only with those l...
This question was
posed to Dr. Dennis Kimbro, author of Wealth Choices, by John H. Johnson, the
founder and publisher of Ebony magazine.
Dr. Kimbro was stunned by the question.
He writes that he was embarrassed that he didn’t have an answer. However, it was the impetus he need to truly
get wealthy.Dr. Kimbro ...
I had a conversation with the office manager. She was looking into software packages for her company. When I suggested one she said that it was too expensive - $100 per seat per month. It didn’t matter that the package would have suited her needs perfectly. So she found a cheaper, less robust package and went with ...
The difference might be a wake up call
for youMost of us have associated the acronym, ROI, with return on investment. From a business perspective, it is
defined as net profit divided by the capital invested. Looking at it another way, when you invest in
a business, what net profits are achieved in what period of ti...