Economics 201- Get Ready Now For the Next Down Cycle

Author:Hank Harris

Post Intro
Most of those cycles occur "organically" meaning they are a function of basic economic factors (supply, demand, pricing, etc.), as well as mass human psychological reactions to those factors. For example, out of the five recessions I have lived through thus far, the first four were caused, respec...
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How Much Is Enough?

Author:Hank Harris

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Life is good. I have my own business, and it affords me a nice lifestyle, nice home, cars, vacations, clubs, and great schools for the kids. Living the dream, and yes, business is good.Or is it? How good should business be – or how much is enough? While every business is unique, there are common ...
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Consulting Conversation: Market Penetration Approach

Author:Hank Harris

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Director of Consulting Hank Harris explains in this latest edition of Consulting Conversations.Who's going to win: the company with the wrong culture for the market or the market? It's an old saying that in a fight between you and the world, you should put your bet on the world. The market will w...
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Consulting Conversations: Outgrowing an Employee

Author:Hank Harris

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Director of Consulting Hank Harris explains in this latest edition of Consulting Conversations.If you have a growing business, you should expect that's going to happen. The classic example is somebody who starts a small business; they have a bookkeeper. Ten to 15 years later, they have a very suc...
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Consulting Conversations: Picking the Wrong Successor

Author:Hank Harris

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Director of Consulting Hank Harris answers the question in the latest installment of Consulting Conversations. Watch it now!We want to think that everybody that gets picked as a successor will be the right answer and successful in what they do, but there are times when it doesn't work out that wa...
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Consulting Conversations: Common Closely-held Business Issues

Author:Hank Harris

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Find out in the latest installment of Consulting Conversations from our Director of Consulting Hank Harris. Watch it now!I would say that that a big challenge in any closely held business is that we get close to our problems. And, it can be really, really hard sometimes to look at your business o...
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Consulting Conversations: Adopting a Strategic Plan - What's Next?

Author:Hank Harris

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Director of Consulting Hank Harris answers the questions in this episode of Consulting Conversations.Well, hopefully, what happens after you develop a plan is you implement it that's actually much harder than coming up with the plan.We'd love to hear from any private business hunt owner in North ...
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Consulting Conversations: Updating a Strategic Plan

Author:Hank Harris

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Director of Consulting Hank Harris explains in this latest edition of Consulting Conversations.I would say, normally, the answer to that is quarterly. You could make the argument that you don't want the strategic plan to exist in a parallel universe to running your business, so you want to try to...
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Consulting Conversations: Consultant Certifications

Author:Hank Harris

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In this latest episode of Consulting Conversations, Director of Consulting Hank Harris explainsI don't believe there are any certifications that have to be had to be a consultant. Consultants are a broad term. I came up in management consulting, and it's always consulting to businesses. If you lo...
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Consulting Conversations: Interviewing a Consultant

Author:Hank Harris

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Find out in the latest installment of Consulting Conversations from our Director of Consulting Hank Harris. Watch it now!Probably the biggest thing I think you want to ask is the consultant's experience. First of all, potentially with the kind of business that you happen to have. And secondly, if...
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