Tag Archives: small business
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Margin IS Your Gross Profit “What should I charge?” Many small business owners do a lot of hand ringing when grappling with pricing their goods or services. It doesn’t have to be hard. Here are some ideas that … Continue reading
Value First Marketing
The Baker’s Dozen A long an honored tradition in retail baking is to “add one more” whenever someone ordered a dozen. Thirteen for twelve, not bad. Before the advent of hyper marketing, it might be the only value proposition one … Continue reading
It’ More Than A Business
Last week I spent 3 days at an all girls camp nestled on 240 acres in Harrison, Maine. My clients, Jim and Beigette Gill own and operate Fernwood Cove offering “extraordinary summers for girls.” And extraordinary, it is. Fernwood Camp … Continue reading
“Taking Care of Business”: Two Lists Small Business Owners Can Use Now
Too frequently the small business owner moves from one short-term focus to the next paying little attention to the mid or long term goals and strategies that are real “force multipliers” to increase sales, lower risk, retain the best employees … Continue reading
Procurement: The Cost Side of Your Profits
Small business owners decide when and how to spend money on their businesses. Knowing the “why’s” and the “what’s” of business spending can make a significant difference on your profits and on the value you acquire. Reasons to Spend There … Continue reading
Why Thinking In Advance Matters
Failed? Get Up! Failures are the proverbial lemons waiting to be turned into lemonade. They are learning lessons and should be stepping stones to success. They are the strikeouts that home run hitter endure and work through. If your feeling … Continue reading
What Is Good Design?
Working day in and day out with start-ups and small businesses, I often think of how better to help and provide the services they need. How do I improve MGG Consulting’s offerings on a continuous basis. You’re hearing the old … Continue reading
“Luck of the Irish”
Most of us have heard the expression, “The luck of the Irish”. With St. Patrick’s Day around the corner, I thought it would pay to take a look at what “luck” has to do with your small business. LUCK plays … Continue reading
Risky Business
So let’s say you have a great business idea, an outstanding value proposition, attractive pricing and a plan to generate highly qualified leads. Even better, you have a dynamite team, no debt and no competition in sight. Home free! Right? … Continue reading
Make Price-Setting Strategic
For many businesses, pricing their goods and services is a challenge. There are lots of truths and myths surrounding the pricing discussion. Truths like, “A price is a promise” or myths like “a higher price equals more value.” It pays … Continue reading
