business tips

Are You a Destination Business?

March 31, 2009

In retail, a "destination business" is usually described as a business that people go to because they specifically want to go to that store as opposed to a business that people go to because it is convenient or on the way somewhere else. For example, a coin collecting shop is going to be a destination […]

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A Dentist and a Duck Walk into a Liquor Store...

March 18, 2009

Over the past few days I have experienced the power of synergy at several businesses who understand that businesses have complimentary skills that can improve everyone's business. The first was a local car wash called Quick Quack. The car wash features unlimited washes and vacuum for $13 a month which is great for us since […]

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Briarhurst Manor: A Study in the Little Things

July 25, 2008

The Briarhurst is considered a jewel of fine dining in the Colorado Springs area: Only a few minutes drive west of Colorado Springs, The Briarhurst Manor is located in the tiny valley of Manitou Springs. The stately Victorian Manor House was built in 1876 by the founder of Manitou Springs, Dr. William Bell, of London […]

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How to Judge a "Good Deal"

July 11, 2008

A store contacted me last week about purchasing the inventory of a closing store at steep discounts. The owner wanted to know if the offer was really a good deal. Here is what I recommended for her but it applies to just about any situation that involves "great deals". 1) delete everything from this spreasheet […]

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Chick-fil-A: A Study in the Little Things

July 11, 2008

On Monday when we went shopping we stopped at Chick-fil-A for lunch and I was amazed by how much the restaurant sets itself apart from other fast food chains. I'm not talking about the "Eat more chikin" cows, I'm talking about the much smaller things that put together set Chick-fil-A on a level above all […]

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How Much is Too Much?

July 5, 2008

This post reminded me about something I have been meaning to write about for several weeks. Rush Limbaugh just renewed his contract for his radio program and is getting an "obscene" $440,000,000 for the new contract. I have heard the words obscene and excessive thrown around a lot in regards to his and other celebrities' […]

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Summer Slow Down? Don't Let It!

July 5, 2008

After the rush for First Communion / Confirmation / Easter season ends, your store inevitably faces a business slow down heading into June and July. If you usually treat this as a time to kick back and hope that your Spring earnings will carry you through the summer, it's time to change that now! Summer […]

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Is Your Business Stuck in the Dark Ages?

June 18, 2008

As a pet peeve of mine, I can't stand the use of the term "Dark Ages" since it falsely stereotypes one of the most intellectually, architecturally and artistically important epochs in history, but this post from Business is Personal contains several questions that you as a business owner need to ask yourself now and every […]

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Six Essential Skills Needed to Stay On Top of Market Trends

November 12, 2007

One of the things that distinguishes a mediocre business from one that shines in fulfilling customer expectations is the ability to predict and prepare for trends in the market. I have stated before that your goal in whatever niche your business is in is to be the authoritative source for your customers. If you are, […]

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