Blogs about: Building Profitable Business Orgs

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The biggest intangible issue interfering with success....ego

Donald Todrin wrote 1 hour ago: Yes friends, this is the big one…ego, where emotion hangs out, fear, anger, self importance, d … more »

Tags: Business Development, business turnarounds, business workouts, debt workouts, solving difficult business problems, Start Ups, Bad Decisions, business analysis, Decision Making

We are not experiencing a cycle. Business, as we know it, is changing...will you survive? Two approaches to prepare.4 comments

Donald Todrin wrote 1 day ago: Please understand we are not experiencing a cycle which will correct itself this year, next year, in … more »

Tags: Business Development, business turnarounds, business workouts, solving difficult business problems, Start Ups, Adjustments, change, Cycle, Economy

If you are considering borrowing from friends or family...don't...but if you must, here is how to do it.

Donald Todrin wrote 3 days ago: This may come as a shock to you but in my experience over many years and many similar situations, fr … more »

Tags: Business Development, business turnarounds, business workouts, debt workouts, solving difficult business problems, Start Ups, tax issue resolution, adequate protection, Borrowing

Don't hire until you see the whites of their eyes and fire as soon as necessary.

Donald Todrin wrote 4 days ago: The famous quote uttered at the battle of Bunker Hill, when the revolutionaries where greatly out nu … more »

Tags: Business Development, business turnarounds, Start Ups, solving difficult business problems, Employees, Management, Productivity, overhead, firing

The company picnic, a very important event. Do not overlook it.

Donald Todrin wrote 4 days ago: It has been long said that money is NOT the most important factor supporting long term employment, e … more »

Tags: Business Development, Start Ups, appreciation awaeds, Celebration, Christmas Party, Company Picnic, Creating Community, personal involvement, respect

The dangers of growing too fast. Some issues you may have to deal with.

Donald Todrin wrote 1 week ago: Yes I know it sounds silly, a problem we should all suffer from, you think, too rapid growth, we say … more »

Tags: business workouts, Business Development, business turnarounds, Start Ups, debt workouts, solving difficult business problems, Profit, Finance, cash flow

What is your business worth when it comes time to sell it?

Donald Todrin wrote 1 week ago: This question is asked every day all of the country, what can I sell my business for? How much is it … more »

Tags: Business Development, solving difficult business problems, assets, buiong out a competitor, Capital Assets, fair market value, Goodwill, Industry Standards, Inventory

We cannot do our best...alone.

Donald Todrin wrote 2 weeks ago: I see examples of this most important principle every day, self determined limitations. I see it in … more »

Tags: Business Development, Start Ups, solving difficult business problems, Trust, Vision, doing our best, work alone, objective view, Personal Limitations

Please, do not forget to celebrate the victories, large and small.

Donald Todrin wrote 2 weeks ago: We all spend an enormous amount of time on our business issues, our challenges, our problems, our f … more »

Tags: Business Development, business turnarounds, Start Ups, appreciate, appreciate success, appreciative, Business Issues, celebrate achievement, celebrate success

To increase sales, don't lower your price, increase the perceived value.

Donald Todrin wrote 2 weeks ago: Its unfortunately true and seldom works as planned, but lowering the price to increase sales is a fr … more »

Tags: Business Development, business turnarounds, Start Ups, Cost Savings, don't lower the price, free add ons, Guaranty, increase sales, more expensive

July 4, celebrating the signing of the Declaration of Independence, what can a business owner learn from this?

Donald Todrin wrote 2 weeks ago: Self sacrifice, sacrificing your own important needs for the benefit of others more important needs … more »

Tags: Business Development, solving difficult business problems, Start Ups, Business Owner, Freedom, opportunity, Sacrifice

Free consultation:Paying it forward...an explanation!

Donald Todrin wrote 2 weeks ago: I am were I am for a few good reasons. 1. I refuse to ever give up. 2. I have been fortunate to have … more »

Tags: Business Development, solving difficult business problems, Thank You, building profitable business organizations, Pay it forward, Free Consultation, paying forward, Teachers, Action

Using direct mail as a sales tool, some issues to consider

Donald Todrin wrote 3 weeks ago: Its getting more expensive and has a low rate of return but if done correctly it can be a very use … more »

Tags: Business Development, customer profile, Direct mailing piece, Educate, Expensive, geographic market area, Internet, low rate of return, Marketing Plan

A new slant on team work...I have changed my position.

Donald Todrin wrote 3 weeks ago: I previously wrote that teamwork is defined as follows: each person on a team acting independently t … more »

Tags: Business Development, Start Ups, Training, quality of life, team effort, Add new tag, Working Together, Support, Bonding

How to design an effective commission rate.

Donald Todrin wrote 3 weeks ago: It is a huge stumbling block for many business owners, how to determine what the right commission ra … more »

Tags: Business Development, business turnarounds, solving difficult business problems, Start Ups, base pay, commission rate, design a commission rate, greater productivity, higher sales

Classic mistake: make your best salesperson your next sales manager.

Donald Todrin wrote 1 month ago: This is frequently done and seldom is it a good move. Most effective sales people do not posses the … more »

Tags: Business Development, solving difficult business problems, train, Sales Manager, sales person, Manage, Competitors, Compete, Diplomacy

Whats wrong with new business start-ups? Too many fail.

Donald Todrin wrote 1 month ago: The failure rate for new business start-ups is very high, especially over a ten year time line. The … more »

Tags: Business Development, solving difficult business problems, Start Ups, art and skill of doing business, Fail, failure rate, flat management, incentives, New Businesses

Its Fathers Day and I report again. My family is run as a flat organization and it works. Perhaps your business should be flat also.

Donald Todrin wrote 1 month ago: Last Fathers Day I commented in this blog about the three living generations that my family enjoys … more »

Tags: Business Development, business turnarounds, solving difficult business problems, Start Ups, Board of Directors, Decision Making, FATHERS DAY, flat organization, leading by action

Every small business owner needs a board of directors, or at the very least a mentor, a business consultant, someone to "do it" with.

Donald Todrin wrote 1 month ago: Every business owner needs a Board of Directors. Its a fact. First, we do much better when encourage … more »

Tags: business turnarounds, Start Ups, solving difficult business problems, Board of Directors, coach, Mentor, Consultant, Checks and Balances, prevents mistakes