{"id":560953,"date":"2012-06-27T05:36:13","date_gmt":"2012-06-27T09:36:13","guid":{"rendered":"https:\/\/vrbbd.wpengine.com\/vrbbgreenbay\/is-it-time-make-some-changes\/"},"modified":"2022-01-31T12:44:15","modified_gmt":"2022-01-31T17:44:15","slug":"is-it-time-make-some-changes","status":"publish","type":"post","link":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/is-it-time-make-some-changes\/","title":{"rendered":"Is It Time to Make Some Changes?"},"content":{"rendered":"<div>\n<p>One of the major advantages of small and mid-sized businesses is that it is much easier to make changes with this category of business than it is with the larger kind. The larger company can become so\u00a0 mired in bureaucracy that it can\u2019t turn on a dollar much less on a dime.\u00a0 Changes can be a new product or service, expansion into new markets or focusing on existing markets, or a change in direction or positioning.<\/p>\n<p>If your business is small or mid-sized, this might be the time to consider whether change, no matter how minor, might\u00a0 increase business.\u00a0 For example, if you\u2019re in a retail business, would a new product or product line increase sales without increasing costs?\u00a0 If you\u2019re in a service business, are there some new services that can be offered, or existing ones expanded?\u00a0 It is better to attempt a change rather than not to try one, because in the small and mid-sized business, strategies for change usually can be withdrawn or modified without inordinate damage to the existing business.<\/p>\n<p>One change increasing in popularity is co-branding.\u00a0 It movement manifests itself in a variety of business combinations, one of the most common being the gas station and convenience store or mini-mart.\u00a0 Food franchises are also co-branding because one company may own or franchise several brands.\u00a0 KFC and Taco Bell may share the same premises and kitchens.\u00a0\u00a0 Many of the travel plazas will have, for example, a Burger King, a Popeye\u2019s Chicken and a Cinnabon\u2019s (cinnamon rolls) joined together. There are coin laundries that also house espresso bars, tanning salons, and there are small convenience stores that sell soaps and other laundry items for use in washers and dryers, right along with snacks and other products.<\/p>\n<p>Many other small businesses are adding other products and\/or services to their existing business.\u00a0 Even some movie theatres are adding fine dining as a complement to the traditional movie to create a whole entertainment experience.\u00a0 Perhaps your business would profit by adding something else to the mix. All it takes is a little imagination, some homework, perhaps a trial run, and the courage to give it a try.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>One of the major advantages of small and mid-sized businesses is that it is much easier to make changes with this category of business than it is with the larger kind. The larger company can become so\u00a0 mired in bureaucracy that it can\u2019t turn on a dollar much less on a dime.\u00a0 Changes can be [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-560953","post","type-post","status-publish","format-standard","hentry","category-selling-a-business"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/comments?post=560953"}],"version-history":[{"count":0,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/posts\/560953\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/media?parent=560953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/categories?post=560953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vrbusinessbrokers.com\/vrbbgreenbay\/wp-json\/wp\/v2\/tags?post=560953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}