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e-ret@iler
June 2002 Sent at your request by Profits Plus Seminars & Tom Shay 1.
The article of the month on the Profits Plus website: Five Signs to
Take Off 1.
Doing Your Market Homework One Sunday, I heard the minister at church reviewing the movie, "Top Gun". I don't remember what he was comparing the movie to (and no, I wasn't sleeping during the sermon), but I did see the comparison in the preparation for a sale and the preparation for a fighter plane taking off from the deck of a ship at sea. Take a look and see if you find the comparison correct and the information helpful. 2. June 2002 e-ret@iler advisory: An address to hold onto It was an article in FSB Fortune Small Business magazine that talked about a small furniture factory in New York. It mentioned how the multi generation business had even made pieces of furniture for the movie, "Miracle on 34th Street". A developer had intended to build a Home Depot and Costco nearby. But there was not enough land for the new buildings and the necessary parking. So the state of New York was planning to use the power of eminent domain to take property from homeowners and businesses to complete the project. You can read the entire story by getting the May 2002 issue of the magazine. You will also see a reference to the Castle Coalition, an organization consisting of community leaders and property owners who have successfully fought eminent domain cases as well as those who are currently involved in such an issue. You can visit their website at Castle Coalition. Hopefully, you and your business will never need to call these folks, but this is information that you should probably hold onto. 3.
Our Power Promoting Idea of the month: Give Your Customer Something
Extra. 4.
Your free subscription to the e-ret@iler If you have received this edition of the e-ret@iler by way of someone passing it onto you, you can get a free subscription list by clicking on the contact link to subscribe. 6.
Contacting Profits Plus Seminars and Tom Shay Make an effort to locate and do business with other small businesses! Let's keep our money "in the family". God Bless America! Get Your Profits Plus,
PROFITS PLUS, FOUNDER OF...
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FEBRUARY 2025
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
Hopefully there are few small businesses that are operating with handwritten documents. Whether you have a point of sale (POS) system; Curstomer relationship management (CRM) system; or anything digital that helps you better operate your business, there remains a question.
Are you using everything that you bought? That is the focus of the February Small Business Advisory.
Small Business
As small business ownerss we are sure to disagree on many aspects of business management and ownership. However there are two items that I will always insist on.
The first item for you as manager and owner of a business, you must inderstand financial information. You cannot leave it to an accountant. The second item is you have to invest in educating your staff regarding their responsibilities within your business.
Most every small business has inventory. It may be inventory used as a part of your services. It may be inventory for items used in your business. The article of the month shares ideas of how you should control the inventory. This is important because you do not want to run out of the necessary inventory, and you do not want too much of your money sitting in more inventory than you need.
You cannot beat your competition unless you know what they are doing. The February book of the month is, The Everything Store, written by Brad Stone and Jeff Bezos.
