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Grocery Cost-Cutting and the Aldi Hype

Success

Julien is riding a wave from a recent visit to Aldi grocery store, and he and Kiersten are here to share their thoughts on low-cost shopping options. They discuss both the pain points and the benefits of shopping at lower costs , including how consumerism doesn’t necessarily pay when it comes to brand loyalty.

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Anyone Can Learn Sales—Here’s Where to Start

Success

The true measure of the success of any business is the bottom line—sales minus cost of sales. Managing the cost of sales is an analytical process. You’ll be amazed at how much you can learn just by observation. You just didn’t know it was a skill. The title doesn’t really matter. What was it?

Learning 264
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What Companies Can Learn from the Southwest Airlines Crisis

Success

That way you can perform a cost-benefit analysis of a decision and determine how that choice might lead to possible business disruptions. Ask yourself this: If you’re cutting corners to save money now, what is the potential cost you might face in the future? But don’t wait.”

Learning 278
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How To Tackle The Challenge Of Setting The Right Prices For Your Business

Tips From T. Marie

But when you break down the hours and consider the costs of living, it’s hardly enough. The True Cost of Running a Home-Based Business Most service-based businesses set their hourly rates between $25 and $75. I learned this the hard way. Don’t sell yourself short —literally. It was unsustainable.

AT&T 174
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Face the Spreadsheets: Lisa Gilmore on Learning to Love the Financial Side of Her Creative Business

Success

You can’t just be by the pool with your laptop, either. For example, there are separate accounts for taxes, operating expenses and cost of goods. Prior to doing that, you think, ‘I can’t afford this, I can’t do that.’ Fill the gaps in your business knowledge with talented people.

Learning 279
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Unlearning Silence in the Workplace: How to Speak Up at Work

Success

You’re in a meeting—perhaps learning about a new company initiative or listening to a boss who wasn’t happy with your team’s performance—and you have something to say, but then you just… don’t. She asks people to examine the costs of staying silent: “We unlearn being silent by recognizing and wrestling with the silence we’ve learned.

UPS 264
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Is the Declining Cost of Distance The Next Megatrend?

Small Business Labs

Bain's Spatial Economics: The Declining Cost of Distance  suggests that an array of new technologies "have pushed the cost of distance to the tipping point" - and will lead to major changes in business and society in the near future. As these technologies combine and converge, change will accelerate.

AT&T 162