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Most companies have a better chance to profit and satisfy customers when inventory managers develop an effective and efficient inventory management strategy. The right strategy ensures access to the right products, and it also helps control costs associated with buying and storing goods. Understand Read More

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “Real Entrepreneurs Don’t Write Business Plans” and this Forbes article. From my perspective, much of this advice Read More

If you’re getting really close to what I call, “Decision Day,” and you’re not having second thoughts about becoming the owner of a franchise, you may not be normal. That's because buying a franchise is a big deal. Read More