In the August 1999 issue of SKATE Biz (Volume 11 Number 1), I wrote about two hypothetical skateboard factory owners, Dr. Jekyll and Mr. Hyde. Dr. Jekyll’s production was strictly OEM. Mr. Hyde had a successful brand and built his product at his own factory. They both made a bunch of perfectly logical and rational […]
Competitive Challenges; Four Things You’ve Got to Do Better Read More »
There are sixty million kids people in the United States between the ages of 5 and 20. Over half of them haven’t entered adolescence yet. It’s the biggest demographic bulge since the baby boomers. Every large, mainstream company in this country from Levis, to JC Penney to Fidelity Mutual Funds needs credibility and brand recognition with
Beset by Opportunities; How Can We Take Advantage of Them? Read More »
Last month in this space I suggested a simple system for tracking your financial results with the goals of having better control and being able to react to surprises. If you use it for, say, six months, you are going to have some good information that will have helped you manage your shop. The next step, which
Minding Your Own Business; How’s Your Shop Doing? Read More »
At some point, every business owner considers selling their company. Most that don’t go out of business are sold at some time in their history. But between considering it and selling are a host of issues, surprises, conundrums, and general confusions for the business owner who has never been through the process before. I have spoken with or heard
Selling Your Business How to Get Ready and What to Expect Read More »