Displaying posts tagged with

“business model”

Sharp Reversals

In business, when progress seems to have embarked on a downward spiral, a sudden reversal can be key to survival. The ability to look at the business objectively, and see where the new opportunities lie, can spell the difference between the life and death of a company. However, when the spiral has existed from the […]

How well do you know your own business

When Carl and Maria Griffin entered the Dragons’ Den to showcase their business and hopefully land an investment, they were awakened as to the true nature of their business. Their business, LiteLocker, makes it trivially easy to install and remove Christmas lights, by installing the system alongside the eaves of a building. The units can […]

I Won’t Steal Your Idea

As a consultant to various small businesses, I’ll be approached by people to discuss their business, and ideas for how they might expand. Since I’m also in the business of application development, I’ll also hear about their ideas for new websites. Sooner or later (usually sooner) they’ll raise the question: How do I know you […]

Economy of Scale and a Bad Idea

Most people are well aware of the concept of economy of scale – it’s cheaper to buy the huge box of cereal that could feed a family of 10 for a month than to buy the small box that could feed you and your spouse for two weeks. When you buy a lot, the price […]