General Business Principles

(Truth)Fundamental truths that relate to and govern business.

Small Business Innovation Questions: Expert Answers for Entrepreneurs

The following list was posed to me by a reader so I thought if this person had these questions others may also. Each refers to small business and the issue of growth. I left the questions as they were asked 1. Are small to medium sized companies innovative needs, more crucial to their success than […]

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Effective Conflict Management Strategies for the Modern Workplace

Whether you own your own business or simply work in an environment with other people you will run into situations that require you to manage conflict. Conflicts can be interpersonal, profession, or simply strategic in any case having the ability to work through conflict is a vital skill. You may not realize how much conflicts

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How to Save a Failing Business: The Complete Triage Strategy

If your business is seeing trouble times and needs some crisis management here are the steps that will turn things around. In a crisis situation every decision can mean the difference between saving or killing the company. Your job as a business owner is to manage the situation in a way that provides the best

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How 3D Printing and Additive Manufacturing Can Transform Your Small Business

If you haven’t heard by now there is an increasing amount of buzz behind the world of 3D printing. 3D printing,  also referred to as; Fused Deposition, Stereo Lithography, Desktop Manufacturing, Rapid Prototyping, and Selective Laser Sintering is an additive manufacturing process in which material is added layer by layer to produce a desired geometry.

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How a Small Business Achieved 20% Annual Growth for 8 Years: A Case Study

I recently had the privilege to review the 10 year performance of a successful little business and want to touch on some of the general business principles that allowed this success. Confidentiality prohibits me from including specific details but you probably don’t care about those anyway; you want to know what you can take away

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Essential Characteristics Every Successful Entrepreneur Must Have

Many of my posts stem from ideas or issues that arise in my life, this one is no different. Yesterday a series of events played out that made me want to discuss the characteristics of a good entrepreneur. To be frank these characteristics are also ones found in all productive people. The event yesterday had

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The Critical Importance of Human Capital for Small Business Success

A series of conversations has prompted me to address the importance of the human element as it pertains to small business. It seems as though most understand the importance of financial capital and overlook the role human capital plays in successful companies. I find this interesting especially because the significance of human capital can arguably

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