Menominee, Michigan, situated far from the world’s financial centers a hundred years ago, much as it is today, nevertheless placed itself directly in the middle of one of the hottest business booms of the early twentieth century – sugar. The small community that dared to plant a footprint in world commerce occupies a slivered point of land that dips into Lake Michigan at a point so close in proximity to Wisconsin that had a cartographer’s finger twitched at a crucial moment, Menominee would be in Wisconsin instead of Michigan.
Menominee is bordered on the east by Green Bay, an arm of Lake Michigan, and on the south-west by the Menominee River. In 1903, many investors in the beet sugar industry had a timber background and had thus come to believe that the same rivers that had once delivered logs to sawmills in abundance could also serve the needs of a … Read More
If you are a financial advisor who has ever struggled when dealing with wealthy prospective clients, then what you need is a process or formula to follow that will enhance your success. About the only more frustrating than not having enough appointments, is blowing them when given the opportunity. That’s where a formula comes in.
With formulas, all the typical human-error is removed. It’s replicatable. It’s like 2+2. When I do it I get 4. You do it, you get 4. You see, if you know that a formula works – virtually anyone with a pulse can ‘plug-in’ to the formula and get the same results. If you haven’t reduced everything you do in your business to some type of formula…then you’re working too hard and will never get predictable results.
And with the right “formula” your results can become mucho-predictable. You will know exactly how many new clients and … Read More
Even the enemies of Randeep S. Grewal admire his business savvy. Few might be surprised if the CEO of Green Dragon shows up some day on the Forbes magazine list of billionaires. His company’s recent share offering on the London Stock Exchange’s AIM, commencing with a market capitalization of US$525 million, was quite the bold stroke, raising a few eyebrows. Green Dragon placed a bit more than 4.5 million shares, less than 5 percent of the company’s outstanding shares, to raise $25 million. Randeep Grewal kept the remaining 95.2 percent of Green Dragon for himself.
Upon the company’s admission to the AIM market Grewal remarked, “2007 promises to be a landmark year for CBM and its contribution to the Chinese energy supply…This listing is an important and timely milestone in our growth driven strategy.” The last time Grewal stooped to deal with the minor annoyances of the capital markets, he … Read More
You can see bounce houses everywhere in the warmer months.
You might have even rented one in the past. And there’s a
good chance that you’ve thought about starting a bounce
house business yourself.
Bounce houses rent for anywhere from $65.00/day on the west
coast to $250.00 & up in other parts of the country. Here in
Indianapolis, we rent ours for around $225.00 for four to
six hours. So if you charge $150.00 for your rental, you can
make an extra $300.00 per week in income.
Like any business, you’re going to have some expenses. A
bounce delivery requires a truck or a small trailer. An suv will work too.
You’ll need extension cords, business cards, insurance, dollys and
other small business supplies. Most rental company owners
start by doing deliveries and bookings themselves so they
won’t have a lot of additional labor costs. The real joy of
this … Read More
The corporate environment is characterized by a number of variables: competition, dynamism, turbulence, complexity and change. All organizations must develop ability to continuously and consciously transform themselves and their contexts. Such contexts include restructuring for optimum effectiveness, reengineering key processes and streamlining functions that are able to provide a source of competitive advantage. The aim is to adapt, regenerate and most important, survive. (McLean, 2006).
For a company to thrive today, strategists must find ways to increase the organization’s ability to read and react to industry and market changes. They must know their goal to boost the company’s strategic flexibility by recognizing disruptions earlier and responding faster.
Strategic flexibility or adaptability can be defined as the organization’s capacity to identify major changes in its external environments, quickly commit resources to new courses of action in response to such changes, and to recognize and act promptly when it is time to … Read More