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Business Management Blog

The intention of this blog is to provide a learning and teaching opportunity for small and medium-sized businesses, their owners, and managers. The articles utilize both theoretical and practical management information gleaned from over fifteen years of consulting experience in the North American and international markets. Welcome to our blog!

Leadership Popularity Trap

Leadership and popularity are often seen as being diametrically opposed. Business leaders have to make difficult decisions based on financial, strategic, and marketing needs that require profound changes at all levels of the organization. This kind of organizational transformation grates against the complacency that appeals to most employees. However, few of them have all the […]

Business Valuations

The benefits of business valuations are often misunderstood by owners and shareholders. Consultants and brokers are always surprised by how business owners tend to overestimate the market value of their business. Furthermore, their assessment of value is often based on emotional attachments. Instead, they should be focusing on acceptable metrics. These include earning multiples, and […]

Fair Sales Compensation Formula

Case Study The sales compensation package for the salespeople at this particular Company was formally set in signed agreements between the parties. The commission rate was based on a sliding scale tied to both volume of sales and the gross profit margins. However, the original performance measures were faulty because gross profit and sales targets […]

Machine Learning Business Applications

Machine learning is a path to the future of manufacturing. It is evidenced by the buzz from Silicon Valley techies on machine-as-a-service (MaaS) applications. Large global companies are investing in machine learning technologies to improve all aspects of manufacturing. These include such powerhouses as GE and Siemens. For these companies, it is all about dedicating […]

How to Market to Medical Professionals

In market targeting, medical professionals are one of the most lucrative demographic targets. They are difficult to reach because they are extremely busy and have little time and patience for sales pitches. However, because medical professionals generate a lot of wealth, they are very much interested in financial vehicles that will provide security and growth. […]

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