by Leif Jensen | Nov 14, 2022 | Running a Business |
I have had a number of clients over the years ask me what they should be charging for their product or service. There are times when I can assist them and other times not so much. I had one entrepreneur whom I told her, she needed to quadruple her rate; she was...
by Leif Jensen | Nov 9, 2022 | Running a Business |
Years ago when I was in college, one teacher (not a professor) was bragging about his apparent wealth, one item that he mentioned struck me as a smart investment. He boasted about being an owner of an auto repair shop. This way his autos would always be in excellent...
by Leif Jensen | Nov 8, 2022 | Running a Business |
It seems that the death knell is ringing on the small independent autobody shop. In 2021 alone, 327 independent shops were acquired by owners of multiple shops, according to Focus Advisors, a mergers and acquisition advisory firm that tracks the industry. With...
by Leif Jensen | Oct 24, 2022 | Investing, Running a Business |
People initially questioned Disney’s sanity regarding the purchase of Lucasfilm for $4 billion, when it occurred. Since Disney’s purchase in 2012, the Star Wars franchise has generated close to $5 billion in worldwide box office revenues and in excess of $8 billion in...
by Leif Jensen | Oct 5, 2022 | Investing, Money Management, Running a Business |
As a small business owner when cash gets tight the first thing to go is the owner’s salary, or at least a portion of it. This may not always be the right thing to do. I know too many who pay themselves so little in wages that their SS benefits are scheduled to be...
by Leif Jensen | Sep 15, 2022 | Running a Business |
I recently engaged in an online exchange with leaders across the country on the topic of leadership and the value of reading. Some claim that reading is passe, that today’s world of blogs, documentaries, TED Talks, and other online resources provide just as much...
