Performance Business Design collaborates with companies of less than $10 million to make them as successful as the publicly held corporations we meet with weekly. We do this by first measuring their business performance using our 12-Area Performance Check. Publicly held corporations typically score 70%-90% while companies of less than $10 million rarely score above 50%. We identify the weak areas and, in a series of weekly meetings, collaborate with management to improve them. The result is better business performance and higher profits. Our goal is to see performance increase 10% every two months.
Our Webinars for Business Success series describe exactly what we do in client meetings so that you can perform the work on your own, with your own business. If you would like further information please contact us with your mailing address and we will send you an information package.
Below is a Webinar for Business Success. Have a great week.
Have you been using it?
I have, love it, and I’ll share what I like about it.
- While I’m not an expert on Windows 10, I’ve noticed that if there are folders I use a lot, that I can right click on them and select “Pin to Quick Access” and anytime I want that folder, just select Quick Access from File Explorer.
- Next, when you click on the Windows icon in the lower left, there are a few alternatives for getting to your folders. Since I recommend using the Quick Access to get to most files, the icon that I find does that CORRECTLY (more on this later) is “file folder”, the tiny icon on the left once you click on the Windows icon on desktop.
- Quick Access not only keeps frequently used folders handy. It also lists all the recently used files, and I mean ALL! When you download a file from the internet, you’ll find it at the top of the Quick Access files. When you save a file, it’s there at the top of the list. And, of course, when you open a file, it’s at the top of the list. So I use the list to access frequently used FILES, as well as folders.
TAKEAWAY: Use Quick Access to access almost all of your files.
Michael Emerald, CFA
Wall Street Analyst
Performance Business Design
A recent September 2016 article in Harvard Business Review discussed the importance of analyzing and making decisions about the five aspects of a returns policy. The five aspects were:
- Monetary Leniency
- Time Leniency
- Effort Leniency
- Exchange Leniency
- Scope Leniency
The article does a great job of explaining each, and I won’t go into it here. What I will discuss, however, is the importance of bringing this up in a planning meeting to describe where your returns policy stands right now. Then, ask yourself objectively which of these areas has been problematic for you or your customers. Next, I want to see you brainstorm alternative return policies. Moving on, consider the pros and cons of each of these alternatives. Finally, devise a new returns policy based on your results.
I don’t have to tell you that business success comes at the margin, nowadays, and even something as subtle as a returns policy should be reviewed. How often? Ideally, annually. If you are small and resources are scarce, every two years sounds acceptable to me.
Michael Emerald, CFA
Consultant, Wall Street Securities Analyst
You can do it by starting the year right, with the first of our 12 Performance Enhancement Strategies. Be sure to check the low price.
Performance Business Design collaborates with companies of less than $10 million to make them as successful as the publicly held corporations we meet with weekly, using a structured approach designed to increase business performance. The result is better business performance and higher profits.
Our Be Noticed: Build Your Performance Webinar series highlight what we do in client meetings so that you can perform the work on your own, with your own business. If you would like further information please contact us with your mailing address and we will send you an information package.
Below is a Be Noticed: Build Your Performance Webinar. Have a great week.
Articles appear in every major business and economics periodical opining on the loss of free trade being heralded by Trump’s criticism of US trade contracts; China’s requirement to source a minimum percentage of domestic raw goods; and Brexit (Britain’s exit from the European Union). While experts far knowledgeable about the subject than yours truly opine that any loss of free trade is a bad thing, I myself abide by two tenets:
Don’t Shoot Yourself In The Foot, and Use Common Sense.
While my first principle doesn’t apply here, the second one does. Specifically, we’ve witnessed the manufacture of US goods get outsourced to the extent that, as Donald Trump stated, paraphrased “When I bought TVs for my hotels I was forced to buy Samsung because the US doesn’t make TV sets anymore.” Or, pick up any good and ask yourself where was it made. Or, witness that there are websites, albeit few of them, which sell only US made goods.
And so, I ask, “What is the result from having absolutely everything produced overseas?” The result is not good, since without plants and factories we lose the bedrock of the country, and more generally the bedrock of any company. As Harvard Business Review in its December issue showed, a company without assets, i.e. a technology company, doesn’t remain a leader for very long.
And so Common Sense suggests that we need companies here producing things. To what extent? Rarely are things black and white and I feel that we need sufficient companies to regain competitiveness globally and to increase manufacturing employment to a level which economists agree is fundamental to the long term.
Michael Emerald, CFA
Consultant, Wall Street Securities Analyst.
Investors Looking to Invest in Top-Performing Business
If you are an investor interested in investing in top-performing companies we suggest you visit our page entitled Business Performance Reports, where you can find links to the companies we’ve identified as being top-performing.
Above is the report for this company.
As a service to investors and the publicly held companies we follow, we make available our Business Performance Reports. These reports are designed to analyze how the business performs, with suggestions on how it may be improved. Investors looking for promising opportunities can click on the tab Business Performance Reports and Read Investors Looking to Invest in a Top-Performing Business for a list of top-performing publicly held corporations.
The Consulting Staff at Performance Business Design