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Four years ago, Ocean Breeze Awnings and More in Surfside Beach, S.C., hit the $1 million gross revenue mark for the first time. CEO David Powers wanted to find out which neighborhoods were spending the most money with the company, so he studied his data.
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Walt Disney Co.'s mission statement is “To make people happy.” Wal-Mart's is “To give ordinary folk the chance to buy the same thing as rich people.” Reaching this level of deceptively simple prose requires time and energy. But in the end, the words become both rudder and anchor.
When employees work overtime, you are obliged to pay them time-and-a-half. That sounds expensive, but OT hours don't really cost 50% more than regular hours. In fact, under normal circumstances, overtime costs about the same as straight time.
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How do you identify leadership qualities in your staff?
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The market slowdown has made job security a real concern for many remodeling professionals. If you foresee slowdowns, I suggest these practices for shoring up morale:
The 412(i) plan is a retirement investment option for small-business owners with a high, stable income who need to catch up on adding funds to their retirement savings.
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One of the most difficult aspects of building a business is finding the right people. So when a slow marketplace threatens the need for layoffs, most savvy businesspeople fight it tooth and nail.
Familiarity breeds confidence, sometimes to a fault, and it was 40 years and tens of thousands of incident-free cuts, into his career that one of Tim Sweeney's most seasoned, carpenters ran his thumb through a table saw.
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Distributing gifts to clients...
Mission control at Mark IV Builders is the production board, a visual representation of all current projects, their supervisors, their schedules and status, and their current to-do items.