The Economics of Creating Matching Profiles

Many times throughout my career I’ve run into a situation where I needed to create a profile to match an existing one. In the restoration business, whether it be furniture or house restoration, situations come up often where you need to match an existing profile. You may need a few feet or a few hundred

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Maintaining Sound Business Practices

A person running a very small business is often tempted to shortcut the formalities of good business practices, especially in certain situations. As I’ve mentioned in previous articles, restoring antique furniture had been a large part of my business for a long time.  This niche encouraged a unique relationship between my customers and me.  Almost

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Keeping it Real

Things seem to be going well in your business. You’ve had more work than you can handle for an extended period of time. Demand for your services has been increasing steadily. This is, of course, a good scenario. Yet you can’t help feeling that you’re missing an opportunity if you don’t increase your productivity to

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Adapting to Market Changes

I’d like to share a recent experience in my business that I think may help those of you who may find yourself in a similar situation. For over 30 years, my business concentrated on high-end furniture. I designed and fabricated custom furniture and restored antique furniture. I’d been doing these activities for many years and

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Political Climate Change

A dramatic result of political climate change hit our country like a storm last November with the election of Donald Trump as President. The winds of change have been building over the past several years as discontent with the previous administration grew. To progressive leaders, the loss was a major setback in their mission. Modern

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The Battle against Over-regulation

After years of seeing new regulations being imposed on businesses, we are now finally seeing some relief. Most of us that run businesses are thankful for this change, but we need to examine the dynamics of how this pendulum of increase and decrease occurs so that we can act in a manner that will allow

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The Dynamics of Corporate Culture

According to dictionary.com, the definition of corporate culture is: “the philosophy, values, behavior, dress codes, etc., that together constitute the unique style and policies of a company”. In other words, corporate culture determines the personality of a company. This personality can develop in a variety of ways: It may be based on the beliefs and

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Leadership

Leadership, by definition, can mean position or ability. Position is official and generally accompanied by a title such as “general manager” or “vice president.” Ability is less tangible. Accessing a person’s ability to lead is often a matter of debate. When we think of leaders in our country, the debate has turned rabid. Arguments become

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Labor Relations

The employer-employee relationship has without a doubt been the most troublesome business relationship for both business owners and employees since the beginning of the industrial revolution. Over the years, labor relations has been the cause of everything from demonstrations, to riots, to revolutions. Labor unions have risen to give employees the opportunity to promote their cause

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Reflections

The winter holiday season gives us the opportunity to reflect. During this short respite from the day to day battles of doing business, it’s good that we can gain some perspective on our business and our lives. Often we see things in a different light just by stopping our daily activity for a short period

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