Understanding Your Margins

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You can’t talk small business with out talking about the margins, but despite all the rhetoric entrepreneurs still struggle to understand the margins. More importantly, entrepreneurs struggle to understand the impact of their decisions as it relates to margins. This episode cuts through the jargon and gets to what really matters when deciding how to manage your business according to the margins. Hint: it’s not always what you’ve been told.

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Theory of Constraints – Interview with Camille Pendleton

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After completing an MBA from Utah State University, Camille was a consultant with the Connecticut-based Avraham Y. Goldratt Institute. There she worked in many industries and types of business using the Theory of Constraints to create improvement.

She later became the Vice President of Manufacturing at Bal Seal Engineering, Inc. in California, where she guided the fulfillment end of the company’s growth to $25 Million.

Currently a SBDC Regional Director, she mentors business owners and helps them to be successful.

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How Do You Compare Financially?

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Ever wonder how your small business is doing compared to other small business? Yeah, we were asking that question and came across this financial survey that was done, asking small business owners several questions about their financial status. Many of the results will probably shock you!

https://prosperitynow.org/sites/default/files/resources/Understanding_the_Financial_Vulnerabilities_of_Microbusiness_Owners_Updated.pdf

 

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Business and Politics – What you need to know as an entrepreneur

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Running a small business is tough enough without the added stress of politics. But the truth is, policy decisions can make or break your company. In this episode of LearnBiz, we dive deep into why staying informed about political issues is crucial for small business owners.

Here’s what you can expect:

  • The hidden impact of politics: We explore how everything from tax laws and regulations to environmental policies can directly affect your bottom line.
  • Finding your voice: We discuss how to stay informed about relevant legislation and advocate for policies that support small businesses.
  • Building a network: Learn how to connect with other small business organizations and policymakers to build a strong voice for your industry.
  • Actionable tips: We’ll provide practical advice on how to get involved in the political process, even if you don’t have a lot of time or resources.

Whether you’re a seasoned entrepreneur or just starting out, this episode is a must-listen for anyone who wants to ensure their small business thrives in a changing political landscape.

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Optimizing Operations: Strategies for Manufacturing & Small Business Success

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We break down a new report from Impact Utah on maximizing efficiency in manufacturing. But wait, there’s more! These key principles are essential for small businesses in ANY industry. Join us as we explore how to implement these strategies and take your business to the next level.

https://www.impactutah.org/blog/assessment-results-utah-manufacturers-operational-weaknesses

 

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Top Technology to Use in Your Business

~ marketingmanagementmoney

Technology is always evolving and it can be really difficult to keep up with all the changes. As a business owner you understand the importance of utilizing technology, but oftentimes it becomes overwhelming where to focus your time and efforts. In this episode, we break down some of the trending technologies and how to take advantage of the best tech for your small business.

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