Employees are at the heart of your small business. They serve the customers, make your product or provide your services, fill and process orders, get the shipping out the door. Without good employees, it’s tough to build a successful, profitable company. But in small businesses, money can often be tight. How can you reward good …
Case Study: The Bank of Starbucks
Excerpted from Entrepreneurship: A Real-World Approach, 2nd Ed, now available Challenge: To improve cash flow, reducing the unpredictability of sales for a nonessential purchase Solution: Find ways that encourage customers to prepay for goods long before they purchase them, and invest those funds safely There’s a pretty good chance the last time you ordered a Starbucks …
