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Tag Archives: Phil Hardwick

PHIL HARDWICK — Estimating the value of your business

How much is your business worth? There are several ways to estimate the value depending on the type of sale, the motivations of the buyer and seller, and numerous other factors. In this column, we will examine a few different methods of valuing an ongoing business. Before doing so, allow me to share a personal story. In the corner of ...

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PHIL HARDWICK — making the most of your business negotiations

When negotiating, do you hold out for the best deal, or are you satisfied once you get most of what you want? When you are purchasing a product or service for your company, do you buy when something meets your company’s needs, or something that is the best? It probably depends on whether you are a maximizer or a satisficer? I ...

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PHIL HARDWICK — Beware of scam artists promising jobs for your community

The subject of economic development incentives is receiving lots of publicity these days. The Amazon relocation debacle revealed what can happen when the entire community is not on board with major business recruitment. When incentives are properly used, the community wins and the company receiving the incentives wins. However, because some communities are so desperate for jobs they are easy ...

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PHIL HARDWICK — Sundays make me want for Mondays

It is 7:32 a.m. on a beautiful Sunday morning in mid-summer. Birds are chirping, crepe myrtles and magnolias are in full bloom, the green pollen has long since stopped falling and the sun is shining. The back porch, the Sunday newspapers and the second cup coffee of coffee provide solace. And then it begins. Noise from a nearby lawn mower, ...

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Making small business grow and flourish

Optimism among small business owners is near an all-time high, according to the May 2019 Small Business Optimism Index of the National Federal of Independent Business Research Foundation. Small businesses surveyed reported that they plan to increase employment, make capital outlays, expect to see sales increase and that they believe now is a good time to expand. If you’ve been ...

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PHIL HARDWICK — What do the television shows Property Brothers, Flip or Flop, Masters of Flip and Fixer Upper have in common?

Answer: They are the most watched home decorator shows of all time? Watch any of those shows, or any similar shows on television, and you’re likely to hear the term “design” used quite a bit. Design, which is the process of creating something based on a plan, is becoming an in-thing.  It’s about time.  What was once available to only ...

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PHIL HARDWICK — Mississippi conferences and conventions

The Mississippi Municipal League Annual Conference is the largest in the state. Held in the summer of each year at the Mississippi Coast Coliseum and Convention Center, it is attended by some 3,000 local elected officials, presenters, vendors, and a variety of other parties. It is only one of hundreds of conferences and conventions each year in the Magnolia State. ...

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PHIL HARDWICK — Employee motivation and the workplace

When I was in Army Basic Training I had a drill sergeant who often said, “The reward for a good job is no punishment.” He always said it with a smirky grin. Although that sounds rather harsh, it has more than a grain of truth. Doing a good job should be the rule, not the exception. That’s in contrast to ...

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PHIL HARDWICK — A Q & A with Airbnb

Led by Airbnb, the online lodging rental community has grown exponentially during the past 10 years. Estimates range from $100 billion to $170 billion in global sales. If you are wondering if Airbnb, Homeaway or one of the other online lodging providers might work for you as a traveler or as an owner, check out the information below. Most of ...

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