In the previous post, How Credit is Effecting Your Business, we discussed how the credit crises has changed the way that business owners are operating. We also discussed the value of knowing the true FICO score and where to get it. Sure there are more things to deal with now than before as a result […]
How The Credit World Is Effecting Your Business
One of the things that has effected this downturn more than anything else is the tight credit standards that all of us are dealing with. It is effecting the ability of business owners to expand and grow their business and it is effecting customers and client’s ability to purchase products and services. So what is […]
Year End Economic Review and What’s in Store for 2010?
On this new year eve we are looking to celebrate not only the new year but the start of a new decade. This is a good time for us to take a look back and see what we have achieved these last 10 years, and also look forward to the next period in our lives. […]
Thinking Outside of the Box: Cash for Clunker Couches
Everyone always talks about “Thinking outside of the Box”, but who’s actually doing it? Local Mastermind Member John Knight is. His furniture company, Rockridge Furtniture “zagged” while everyone else was “zigging” and he ran a marketing campaign for “Cash for Clunker Couches.” Most competitors would shudder at the thought of such a marketing stunt, but the […]
Is There Really a Recovery Underway?
As we begin the final quarter of 2009 let’s take a moment to see where the economy is. By most accounts December 2007 was official day that most economist recognize as the beginning of the great recession. On the positive side looking at just GDP we are now beginning to get out of the Great […]
September’s Business Insights
In this post we want to cover some brief ideas that can give you some ideas for you and your business. Here you will find some ideas that can help you with your taxes, retirement, and give you a brief economic outlook. At Bay Area Mastermind our members always benefit from these insights and you […]
Why One Business is Thriving and The Other is Going Out of Business
All of us are aware of changes that are occurring to business landscape. Some are thriving out there while others are simply being forced to close their doors. The interesting thing is that business failure is not specific to one type of business or based on the time that business has been in business. These […]
Two Things You Need to be Successful in Business (Part 2)
In our previous post we discussed the importance of finding a large starving crowd. The second important element goes hand in hand with the first. This is fully understanding the buying power and buying habits of the market . When you break down all the variables of consumer behavior we find that people buy what they buy […]
Lay-Away is Back in Style… Just Not How You Think
A recent article from The Financial Times reports that Levi Strauss & Co will begin offering its jeans on an installment plan to Indian consumers. The idea of having to use a lay-away plan to pay for jeans may seem a bit unreal to people in the United States. However, as the article shows the Indian […]
Could Someone Tell British Airways That We’re in a Recession?
I was flipping through the latest edition of the Robb Report earlier today and saw an advertisement from British Airways on their upcoming new level of pond-hopping service on custom-built Airbus A318s starting at $12,290 before taxes and fees. The new direct route is 100% business class service flying twice a day, 6 days a week […]