MainStreet Journal
Special Edition

Engaging Small Business for Growth and Profitability


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Brand Evaluation: Would You Invest in You?

Performed objectively , this exercise might rattle your assumptions about your brand's health and prospects. It will certainly help focus your efforts

In business, a brand is like a baby: Yours is never ugly. No matter what shape your brand is in, you put your blood, sweat, and tears into building it and, despite whatever shortcomings it may have, you're proud of it. As you should be.


Still, it can be helpful to take a step back and try to evaluate the results of your branding efforts from an objective standpoint. There are a number of ways to do it, but I've found one in particular that can be very revealing. I need to warn you in advance, though—it may sting a bit. It requires you to set aside your biases and evaluate your brand through the cold, hard lens of an independent investment analyst.


It's true that the financial sector has received a lot of criticism of late, in many ways deserved. Think about it—it's an analyst's job to pass judgment on which corporations' stock investors should buy, sell, or hold, yet no analyst can ever know more about individual companies than those who are immersed in their operations day after day and year after year. No one knows more about my company and its prospects, for example, than I do, yet even I can't predict where we'll be in six months or two years.


That said, analysts do tend to concentrate on broad industry sectors, providing them a unique perch from which to view the goings-on therein, and their training and experience enable them to recognize patterns within companies and across industries that highly focused management teams may miss. Plus, they don't have a dog in the hunt; all they're trying to do is pick the winners and losers based on the available information.

Click HERE for entire article

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The Rise of the 'Homepreneur'

New research shows the economic importance of home-based businesses: They account for more than half of all U.S. businesses and employ more people than venture-backed companies

More than half of all U.S. businesses are based at home. These companies often are dismissed as quaint hobbyist ventures, but new research suggests that's a mistake. An estimated 6.6 million home-based enterprises provide at least half of their owners' household income. Together these "homepreneurs" employ one in 10 private-sector workers, and by many measures they're just as competitive as their counterparts in commercial spaces.
 
Ask Stephen Labuda, the 35-year-old president of Agency3, a Web development firm he runs from his home in Cambridge, Mass. A former programmer at Deutsche Bank (DB), Labuda started building Web sites as a side job in 2003 and took the venture full time three years later. Agency3's revenue is in the millions, and Labuda is about to hire his fifth employee, who will work remotely, like the rest of the staff and the slew of contractors he taps. "I'm not intending to go rent office space," he says.

 

Click HERE for entire article

Dear Subscriber,


This Memorial Day in the U.S. — like every Memorial Day — we commemorate and remember those who’ve given their lives for our freedoms and our nation. “Given their lives” is really not accurate, though, as Andy Rooney noted — these soldiers died, plain and simple. They died so that in the future, our country might be safer or democracy might be nurtured in an otherwise hostile environment. They died so that great evils could be done away with in WWII (and WWI). They died so that politicians could wage endless, unwinnable wars for political ideals (Vietnam, Korea, and now Iraq). They died, quite simply, so that we could enjoy the freedoms we so often take for granted in our country.

 

For every veteran and every active duty soldier and individual in military uniform — thank you. Thank you for the sacrifice you continue to make every day on our behalf. And for every family who’s lost a soldier due to service to their country — thank you. Thank you for your family member who’s made the ultimate sacrifice for our country. No words can ever express the debt we owe these brave men and women.

By John M Grohol PsyD

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Meet Our Leadership 
President - Bend, OR

       
  Michelle Anderson

 

Michelle Anderson likes to consider herself a facilitator. Her main desire in life is to help others live their best life by connecting them with the necessary resources to accomplish their goals and dreams. Michelle’s main focus over the years has been Real Estate. “There’s nothing better than helping people accomplish the goal of homeownership. It provides a sense of safety and accomplishment that nothing else can”.


Michelle decided to start MainStreetChamber - Bend Chapter because she felt it offered the very best vehicle to make a positive difference in the local business community. The local economy took a big hit when the housing market crashed and this is her way of helping the community get back on its feet…..quickly.


Michelle says “My goal for the Bend Chapter is to create an atmosphere where local business’s find the resources they need to create a stable environment for themselves and the community and to take their business to the next level of success.  Cha-Ching! Here’s to your success!”


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