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 Tired of hearing, "All of selling is going to be online", or "Amazon and the rest of the Internet have all the advantage"? To every advantage there is a disadvantage. Starting by looking at some startling information about the advantage a community receives with consumers doing business with a locally owned business, we will look at the advantages Internet businesses have over local businesses. We will then turn the tables and show the disadvantages and challenges of doing business with a company that does not know the community, the customers, and how to get more business from a customer - outside of sending another email offering a discounted price. Powerpoint of "Alexa is playing fair and she is playing to win -
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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.
