Yesterday I left readers dangling with a “things are looking better, but…” ending. So with commodity costs down, sales down to flat, but profitability starting to tick upwards, why wouldn’t a small business owner want to draw a paycheck? Perhaps the first paycheck in over a year?
Earlier this month, a coalition led by the USDA [...]
Over the past year I’ve tracked the roller coaster trends in commodity food costs that affect the restaurant industry. It started in late 2007 with the “corn bubble” where over zealous farmers were chasing the ethanol craze, creating a ripple effect on the world food supply. The resulting food cost escalation squeezed restaurant profitability and [...]
In a recent post, I wrote about the economic impact of hitting and not hitting store level KPIs. It’s imperative that everyone involved in the business process have the same goals in mind – those that govern daily behaviors towards the ultimate reward of profitability. This includes, management, staff and yes, vendors (or as I [...]
Recent discussions with current clients and prospects have primarily focused on one simple question – “How do you measure success?” Nearly all companies have a set of Key Performance Indicators (KPIs) that are used as a health check and management incentive. Ultimately, they are created and measured to ensure one thing – profitability.
What is the [...]
I’ll caveat this by stating the Today Show is not my top source for hard hitting news. However, they featured a news story this morning that illustrated the power of video surveillance in a residential setting. Would it be possible for these guys to plead not guilty?
As I was about to deliver a SaaS overview to a large partner sales force, the SVP used this quote during his introduction of Envysion’s MVaaS technology to the team. It has stuck with me ever since and as Enysion continues to evolve, the impact of this statement gets stronger and stronger.
I’ve had the opportunity [...]
In 2008, nobody escaped the traumatic effect of the corn-bubble. The ill-conceived and panic-driven notion of putting food in our gas tanks caused not a ripple, but a disastrous avalanche of food inflation unseen in nearly thirty years. I’ll guide readers to my July 2008 post for the details around this. In the end, our country [...]
I’ve had many conversations lately with partners and prospects regarding IP camera capabilities and more specifically, the merits of Megapixel and PTZ cameras. While each camera type has its own unique set of pros and cons, it’s easy to get caught up in cutting edge technology that’s available versus what’s actually necessary.
The necessity of a [...]
There are many components to success in business, one of them being in the right place at the right time. Over the years I’ve seen this occur both through careful planning and execution as well as sheer luck. Regardless, if you happen to get caught up in the buzz around the must-have service, product or technology, the media [...]
Social networking sites are everywhere these days, from myspace and facebook to twitter and linkedin. What I find interesting is the unique culture beheld by each, even with a largely identical user community.
Even more interesting is how the social networking concept has permeated into mainstream media and business applications. Major news outlets have revamped their [...]
