A company’s “brand” is the mental impression its customers have concerning their product and company. Put simply, the “brand” is what prospects think of when they hear the brand name: what they visualize in their mind, what they remember, the vibe they get. More
Benchmarking is the practice of comparing key performance metrics to industry standards. More
Generally, compliance means adhering to a rule, such as a policy, standard, or law. It becomes particularly important when it comes to dealing with clients you contract with. For example, if you go to a party with a client and they give you a small gift before you leave, should you keep it?
Why does a business need compliance? How does it help me to save money, grow a successful business, control business operations? In addition to providing a g…
Supply chain management includes all the processes that transform raw materials into final products. The raw materials are usually sourced from a number of different locations and then transported to a central manufacturing facility that creates the products. The finished products are then shipped to the point of sale/consumption.
The objective of supply chain management is to streamline a business’s supply-side activities to minimize production costs and maximize customer value to gain a competitive advantage in the marketplace.
Mark to market is an accounting method that values an asset at its current market value, instead of how much you purchased it for. It shows how much you would receive if you sold the asset today. More
Learn how mortgages work, how to use a mortgage calculator, and how to use a spreadsheet to show the payoff of a mortgage over time and the interest paid each year. Click here to download the spreadsheet from the video.
Monday morning quarterbacking: Analyzing the mistakes that were made the day before. Derived from complaining on Monday morning about the mistakes a quarterback made the day before in the game on Sunday. More
Managers are judged on how well their direct reports perform. However, many managers spend more time figuring out how they will communicate upwards when it’s actually more important to properly communicate downwards so your staff is effective at reaching the team’s goals. More
You should manage your moods and be even-tempered most of the time. Your employees are aware of what type of mood you are in. But it’s not a good idea if you’re never bothered by anything. Letting your irritants show can be effective once in a while. More
Values guide decision-making and a sense of what’s important and what’s right. Culture is the collection of values, business practices, processes, and interactions that make up the work environment and contribute to the unique social and psychological environment of an organization Values vs Culture – An organization’s values should never really change. They are the […] More
If the price of oil increases, then the cost of fuel will increase If the cost of fuel increases, then it becomes more expensive to transport food, including meat, across the country in trucks If grocery stores have to pay more for their food products, they will transfer the cost to the consumer That is […] More
Don’t have time to read? Here’s a quick but comprehensive summary of Matt Blumberg’s “Startup CEO: A Field Guide to Scaling Up Your Business”
128 marketing tactics from 2105 articles divided into AARRR sections-for pirates and growth hackers. All the Growth Hacks to..
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