by Jim Schleckser | Aug 28, 2018 | Advisory Groups
Many business leaders make the mistake of believing that cost is the main factor when it comes to setting the price for their product or service. A common practice, for example, is to just take your cost and add a certain percent on top of that. Simple enough, right?...
by Jim Schleckser | Aug 17, 2018 | Business
It’s Not Just Harder – It’s 3 Times Harder Over my career as a business leader, I have done business in 27 different countries and just about every business I was involved in worked overseas in some capacity. So my piece of advice here today may seem...
by Jim Schleckser | Aug 14, 2018 | Budget, Entrepreneur, Growth
We’re about to head into budget season, the point in the year where everyone starts projecting what they’re going to do next year. As you go about setting your own budgets, consider a few words of caution: Don’t be a hero. What I mean by this is that...
by Jim Schleckser | Aug 3, 2018 | Business
You are silently communicating how you value people’s time. For some of us, the world can be divided into two kinds of people: those of us who show up on time, and those of us who are late. English writer Edward Verrall Lucas had a view on lateness, “I...
by Jim Schleckser | Jul 31, 2018 | Acquisitions, Business, Entrepreneur, Growth
Whenever a business is bought or sold, there’s always a negotiation involved in setting the final price. Typically, the seller tries to maximize the price of the business based on their amazing forecast results while the buyer wants to pay as little as possible...