The question of what happens to a business after an owner steps aside, retires, or sells is critically important. Crafting a strong succession plan means that your business can continue to flourish and serve your customers while you step aside with both peace of mind...
In this blog post, we will cover how to know when it’s time to raise your prices, the two methods to use to determine your new prices, and the best practices around communicating price changes to your customers. How to Know When You Should Raise Your Prices To...
If you want a successful business, you need to know how to stand out in the market. Your unique selling proposition, also known as your value proposition, defines how you will do so. Your value proposition is the unique benefits and characteristics of your...
When it comes to farm and food business success, it always circles back to the people. If your people aren’t good, your business isn’t good. If your people aren’t committed, your business won’t last. Bonuses are a great way to build employee investment and...
Inflation can feel like a bull in a china shop, destroying budgets and causing chaos across the supply chain. But it doesn’t have to spell disaster for your farm or food business. With the right strategies and good business management, you can prepare for inflation as...
With a strong mission, vision, and values, you can create a lasting foundation for your business. You’ll be able to make decisions more easily, allocate resources appropriately, and keep employees aligned towards common goals. Mission, vision, and values are the base...