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Q & A – The Small Business Supply Chain

supply chain
What’s a supply chain? Investopedia* defines a supply chain as “the network created amongst different companies producing, handling and/or distributing a specific product. Specifically, the supply chain encompasses the steps it takes to get a good or service from the supplier to the customer.” Supply chains can be very simple and others can be highly complex networks. When the NUMMI auto plant...

Q & A – Small Business Hiring

small business
A QUESTION IS POSED At a recent Small Business event, a founder – let’s call him Jeffrey - shared a concern that his small business has grown to the point where he would need to hire some help, but worried that he wouldn’t hire the right kind of person. In reading about all the mistakes that entrepreneurs and startups make, he noted bad hires are always high on the list. What could he do to minim...

Small Business Process Improvement Increasing Efficiency

small-business process improvment
The following link is to an excellent overview of small business process improvement  from the Business Circle. - Business is process.  Whether you're hiring new people, carrying out market research, or launching products, having well-defined processes equates to greater efficiency, fewer wasted resources, and a reduction in customer complaints.  Click here to read more. If you find that you...

Costco And Small Business Advice

Small Business Advice
Can I be a small business owner and a fan of Costco? I think so, without even sacrificing my integrity.  There are many small, local businesses represented in the offerings at my Costco store and there are services offered through Costco that benefit small businesses nationwide.  That having been said, I want to share a very interesting article that appeared in the January 2015 edition of The Cost...