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What DO You Want From Your Business?
Posted By Frank Goad On 4. February 2012 @ 04:55 In Frank Goad, Frank Communications, FrankyGee3, blogs, blogging, delight, Branding, "The Frankifesto", Frank, business plan, business, building business, Marketing | No Comments
A friend of mine is the manager of a local retail establishment. He’s a very smart man with a distinguished if not unusual career. He’s amazed me at times with words of wisdom that make any thought process stop dead in its tracks and listen He’s also very frustrated because the owners don’t seem very anxious to make the place a best in its class establishment. It’s sad because, if they would just step out of the way and give him the reins, they would make so much more money.
Most folks can run a retail business. It requires some attention to detail, some organizational skills and some ability to deal with the public. Notice that I used “some” a lot, and that’s because if you’re in a good location with reasonable traffic, you can keep the doors open and lights on without being a primo manager.
My wish for him is that a distant relative would die and leave him the money to buy the place. He’s got drive, intelligence and is champing at the bit to really turn a profit, make it a busy place and build a real brand. If he could buy it, there’s no doubt it would see 30% sales gains in the first six months. Yet, the owners treat it kind of like a hobby business. They’re not too particular about the little things and seem more determined to get pocket change from the place. They seem to have overlooked Frank’s Business Rule #1: When it comes to how the public views you, everything matters.
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