Tag Archives: Small Business

When the dream becomes a nightmare

I begin my book Mistakes: Avoiding the Wrong Decisions That Will Close Your Small Business by describing the scene as trucks and vans left our business location at the end of an auction with our equipment, parts, tools, office equipment, everything.  … Continue reading

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Grow your business smaller

Since this blog is primarily for small business owners the idea of going smaller may be the furthest thing from your mind.  Chances are you are trying to find ways to grow your business, and there is nothing wrong with … Continue reading

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Network to grow your business

Image courtesy of FreeDigitalPhotos.net A few years ago a friend asked me to speak to the local Rotary Club about the auction business I had recently started.  My schedule was clear that evening so I agreed.  Despite bad weather a nice group … Continue reading

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Keep the cash flowing

As I’ve shared in this blog I once owned a small business that did not survive the financial downturn that began in 2008. When times are good a lot of mistakes can be hidden, but when things get tight all … Continue reading

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Auction challenges

A lady who sold some items at my last auction called last week wanting to bring me more to sell. I asked if these items were similar to what she had brought me previously. When she said they were I … Continue reading

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Serving others

For the past few days I’ve been preparing for an auction tonight, 9/25. Seven consignors have brought me items to sell ranging from gold and silver jewelry to primitives to tools to furniture to household items. This will be the … Continue reading

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Trade offs

Today we are setting up for an auction tomorrow night. I rent space in a city-owned building that was built as a business incubator. Several smaller businesses started off there, and some maintain permanent offices in that building. I just … Continue reading

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Cash is king

In my book Mistakes: Avoiding the Wrong Decisions That Will Close Your Small Business I addressed the problem of running out of cash. Although our company had a good amount of money in accounts receivable, during the 2008 recession it became … Continue reading

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Learn from other’s mistakes

I’ve enjoyed doing a lot of different things in my life. Since getting out of the Navy I have worked in a factory, farmed, sold seed corn, pastored a church, served in a ministry position in our denomination, owned and … Continue reading

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Details are Important

Today we start setting up for our auction tomorrow. My grandson, Tyler, and I will begin around 8:00 hauling items to the auction site and spend the entire day hauling items and setting them out for display. We normally work … Continue reading

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