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Businesses know innovation is a critical determinant of long-term growth. Along with gaining market share and profitability, innovation is used as a tool to increase opportunity.  Companies looking to realign themselves in a particular niche will often choose to merge with another business to help with diversification.  Overall, a merger eliminates the competition between two prior independent businesses, leaving one successor, but often the consequences for the consumers will be negative.  How does a business merge to impact its overall bottom line without alienating the initial customer? If you have been following the Wall Street Journal, recently, you would...

There is always a lot of discussion and debate about who is actually better at business.  Is it men? Is it women? People who received a master’s degree? Or maybe people who didn’t even go to university? To complicate this discussion a little more, while actually un-complicating it at the same time, there is a new group to look at, and when it comes to business, they know how to turn lemons into lemonade… and then sell that lemonade for profit! In recent months, the JT Foxx Org held an event called “Ultimate Business Builder, Family Edition”, with both...

Did you know that some airports offer free tours for those lengthy, dreaded layovers? While it might be a new concept to some, this has actually been going on for years. Make the most of your time by going on a mini vacation while you wait for your next flight.  And consider flying into one of these airports for your next layover.   Seoul Got a layover that is less than 8 hours? Not a problem if you’re flying into Seoul. While a majority of airports require you to have a longer layover in order to book a tour,...

Everyone knows the power of celebrities.  A picture with one will capture the attention of anyone ten times over than a picture without.  For years, businesses have known the power behind celebrity branding in their marketing to attract clients.  The reason it works so well is because celebrities play an important role in people’s lives.  They demonstrate how to dress, where to eat, and even what kind of body to admire. While brands certainly continue to use famous actors, singers, and athletes for endorsements deals, businesses have a new kind of celebrity in mind…and it may be you. As...

Care for your people, keep an eye on your processes, and implement the right products.  According to Marcus Lemonis, those are the three p’s to business. When at least one of those three p’s is not functioning right, your whole business will be in chaos.  Recently, an article came out about the Cheesecake Factory.  It mentioned their success and how it has a menu the size of a small novel.  Their menu has over 85 chicken dishes alone, not including anything else, even the cheesecakes!  The thought gives me anxiety, but it gets me to think.  How does a...