Years ago, you could walk into a McDonalds in Tai Pei, Taiwan, and other than the addition of Chinese characters to the menu board, the restaurant looked like it could be in New York City, or anywhere in the world. The restaurants’ design were consistent so customers would feel comfortable and confident they would receive…
When you’re expanding, moving or opening a new location, the to-do list is long, but make sure to consider the promotion and marketing of your new or added store. Scott Clark of Spa & Sauna Company of Reno has traveled this road three times and is moving his original store to a higher-traffic location. “The…
Eleven years ago, twin sisters Adrianne and Rene, along with their husbands Tom Tritt and Brett Huston, purchased Patio Pleasures Pools & Spas. The business offered the perfect opportunity for the entrepreneurial-minded couples to grow an already well-established business. The previous owners had name recognition and key industry relationships, and the Hustons and Tritts built…
Two major factors cause companies to go out of business: The first is improper labor pricing. Let’s assume you know your costs of doing business and what to do as costs change. Proper labor pricing is critical, and you must change your labor rate as costs change. Understanding what to charge per hour is only…