Displaying posts tagged with

“value”

Question: Who Does Your Business Taxes

I know a few business owners who do their own taxes, and many more who pay someone to fill out their corporate returns each year. Given that the cost of corporate accounting can be significant, some owners have shied away from that route for as long as they can, while others quickly push their books […]

Why Not to Compete Based on Price

It can be tempting at times for a business owner to contemplate competing based on price – that is, offering a product or service at a price lower than their competition. The net result of this is hoped to be a quick influx of customers who will take advantage of the lower price, and then […]

Pay Back the Founders

One of the commonly misunderstood components of an investment in a growing business by people who have not been there before is the concept of paying back the founders. That is, the company has a value, and people sacrificed in some way to help the company get to where it is today. That might have […]

Lessons from Controlling Teenagers

I’ve taught in a high school that was fairly restrictive on its students, both within the school and when they are at home. The school was trying to promote a particular set of values, but the lesson they imparted was one of restriction – you can’t do this, that’s not allowed, and so on. Another […]

Pricing in Training and Fitness

Having now seen such a system for training twice in one industry, I decided that perhaps I was not witnessing an anomaly, but rather, yet another example of an industry abusing its power. Being able to instruct a class in fitness requires training, and there are certifications available for a variety of types of instructors. […]

Why Do You Pay Too Much

I was chatting with someone a week ago, and he mentioned to me the price he was paying for a particular service. As it happened, I know the amount of effort involved in doing that kind of work, and raised some surprise at the price he was paying – it was about 5 times the […]