October 16, 2009 |
The Olympics movement has passed over Chicago, but it has left a lasting and unpleasant mark on George Tsoukas' business. He has owned a butcher shop here for about 40 years. But a year or two ago, Olympic Meat Packers Inc. had to be renamed Olympia Meat Packers Inc. because federal law gives the U.S. Olympic Committee a trademark on the word "Olympic." Tsoukas, whose family is Greek, says he sometimes forgets and answers the phone with the old name. "My customers, they hang up on me and they think it's a different business," he says.
January 19, 2014 |
All companies sit somewhere in a supply chain. Most have competitors and collaborators. And yet we look at businesses very often in isolation - as if their results depend solely on their own separate efforts. The principal achievement of the book "Network Advantage: How to Unlock Value From Your Alliances and Partnerships" is to draw attention to the importance of these broader networks to the success or failure of businesses. With detailed and thoroughly researched case studies, the authors - Henrich Greve and Andrew Shipilov of INSEAD global graduate business school and Timothy Rowley of the Rotman School of Management in Toronto - show how to take a more systematic approach to the portfolio of networks and alliances in which businesses find themselves.
August 24, 2011 |
The Obama administration is unveiling a slate of regulatory changes it says will cut government red tape and save businesses more than $10 billion over the next five years — and, the White House hopes, bolster its effort to promote job and economic growth. The plan includes about 500 changes aimed at saving businesses money in a variety of ways, such as consolidating their IRS paperwork, simplifying hazard warnings they must post for workers, and expediting payment to government contractors.
February 6, 2013 |
Outspoken California Gov. Jerry Brown has roundly dismissed radio ads by Texas Gov. Rick Perry that slam the Golden State's business environment. "It's not a serious story, guys," Brown told reporters at a Tuesday business event. The radio spots voiced by Perry, who has tried before to woo California businesses to the Lone Star State, starts out with the Texas governor proclaiming that "building a business is tough, but I hear building a business in California is next to impossible.
August 9, 2013 |
Restaurants, mom-and-pop shops and other small businesses often face an abundance of frustrating complications during start-up - construction delays and supply shortages being among the top obstacles. Now, managing online presence is joining the headache-inducing list. With more consumers relying on the Internet to decide where to eat and shop, setting up a website and social media accounts, responding to reviews on websites such as Yelp and weighing the purchase of online ads have become key factors in the success of a business - or its demise.
March 6, 2013 |
In another sign of a recovering economy, U.S. orders for machinery and factory goods jumped in January as businesses invested for future growth. The Commerce Department said U.S. companies upped their orders for such goods by 7.2% in January from the month before, the biggest jump in more than a year. Economists watch investment in capital goods as a sign of business confidence. Despite tax hikes and the threat of automatic spending cuts known as sequestration, the increases indicate that companies continued to raise production even after the holidays.