Happy Weekend — July 4, 2015
Thought of the day – 05 — June 11, 2015
Thought of the day – 04 —
Thought of the day – 03 —
Thought of the Day – 02 — June 7, 2015
Thought of the day – 01 — June 2, 2015
It’s Worth Quoting: 50 Quotes for the Business Minded — May 7, 2015

It’s Worth Quoting: 50 Quotes for the Business Minded

Inspirational quotes can always activate your thought process and make me/us feel positive. Enjoy the read.

ormondrankin's avatarBCG Consulting - Ormond Rankin

It’s Worth Quoting: 50 Quotes for the Business Minded

Our attitude is more than 50% of our eventual performance; so I like to use inspirational quotes to get the day started off the right way. Here is a sampling of 50 of my favorites.

Enjoy,

Ormond Rankin

  1. “When patterns are broken, new worlds emerge.” Tuli Kupferberg

  2. “In the end, all business operations can be reduced to three words: people, product and profits. Unless you’ve got a good team, you can’t do much with the other two.”  ~Lee Iacocca

  3. “Biggest question: Isn’t it really ‘customer helping’ rather than customer service? And wouldn’t you deliver better service if you thought of it that way?” ~ Jeffrey Gitomer

  4. Hire people who are better than you are, then leave them to get on with it . . . ; Look for people who will aim for the remarkable, who will not settle for the…

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The Importance of Margins and Price Increases —

The Importance of Margins and Price Increases

Good read! Simple reminders for businesses on pricing and margins. Cheers

ormondrankin's avatarBCG Consulting - Ormond Rankin

The Importance of Margins and Price Increases
Here is a great article I wanted to share with you about the Importance of Margins and Price Increases written by a fellow ActionCOACH Jay McDowell.

Enjoy the read,

Ormond

The Importance of Margins and Price Increases

Every business owner needs to understand the concept of margins and increasing prices is a great way to achieve higher margins.

Understand Your Margins:

Margins are what you make after ALL costs have been deducted. Therefore, any increase you make to margins will be clean profit – and that’s got to be a good thing. In fact, profit is my favorite six-letter word. Yet despite the black and white advantages of increased margins, far too little time is spent analyzing ways of improving them.

The really exciting part is that the tiniest of improvements can equate to massive differences in your bank balance. By increasing margins by just five percent, some businesses will…

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— March 24, 2015