Find Your Place Away From the Competition
As small businesses owners find it increasingly difficult to compete in a crowded marketplace, they try to market to everyone. Unfortunately you cannot be all things to every customer. If you are that kind of business there is another way. It’s about focusing on your uniqueness. By differentiating yourself from the competition, you are creating valuable […]
El modelo de franquicia y su Estructura Contractual
Las franquicias en Puerto Rico constituyen un modelo de negocio mediante el cual una empresa expande sus operaciones mediante una serie de contratos permitiendo que empresarios independientes operen bajo una marca, sistema operacional y concepto comercial previamente desarrollados. Más allá del contrato de franquicia en sí, este modelo comercial integra elementos contractuales relacionados con mercadeo, […]
Recent Studies on Small Business and Job Creation
A recent study commissioned by the Small Business Administration (SBA) reinforces previous studies that small businesses create very few jobs. Its author, researcher L. Spencer Tracy presents conclusions on who actually create jobs in the economy. With unemployment rampant in Puerto Rico, this should be evaluated by the government to determine whether incentives and other […]
Managing IT to Create Business Value
Every year companies waste billions of dollars in IT products and services with high expectations that do not materialize. While IT can assist a company do new or different things- it has no inherent value unless it enhancing the company’s competitiveness. Well intended products and services will create value only if management focuses on expected […]
National Labor Relations Board issues guidelines useful to prepare social media policies
The National Labor Relations Board (NLRB) issued a third report on social media based on cases brought to the agency. The report provides useful guidelines for employers to review their current policy or to prepare one that is lawful under the National Labor Relations Act. Social media provisions are unlawful when they interfere with the […]