Categories for family business

Guest Blog with Pricing Guru Mike Pritchard: Pricing Based on Cost Rather Than Value? Why?

by | February 13, 2019

At Pricing Gurus, we believe that value-based pricing allows companies to achieve higher profitability and a better competitive position. Some companies disagree with that perspective or feel they are stuck with cost-based pricing. Let’s explore a few reasons why value-based pricing is generally superior. I like this definition from Wikipedia – “Value-based price is a... View Article

Top 5 Business Areas to Focus and Plan for 2019

by | December 3, 2018

Although we are often distracted at this time of year by fun family gatherings, vacation time, and holiday cheer and events, businesses often take this time to ensure they are ready to start the new year strong.  Below are several areas we suggest businesses evaluate as they plan for a successful year: Financial goals.  Your... View Article

The Successful Family Business

by | March 1, 2016

Over the years, I’ve seen many families find joy and success in working together in a family business – and of course, some that have struggled to maintain balance between these two intertwined parts of their lives. So what’s the secret to success? First and foremost, I would say a recognition of the fact that... View Article

Tacoma Mandates Sick Leave Pay Effective Feb 1

by | December 9, 2015

By Lauren Burgon Effective February 1, 2016, nearly every employee working even occasionally in Tacoma is entitled to paid sick/safe leave under a new Tacoma law. This applies to private sector employees regardless of where their employer is located or the size of their employer’s business. While the Tacoma law is patterned after Seattle’s paid... View Article

The Complexity of Hiring Foreign Workers

by | September 2, 2015

By Victoria Bartow, Attorney, Equinox Business Law Group Last week the Seattle Times reported that the Securities and Exchange Commission (SEC) filed a civil fraud suit against local developer Lobsang Dargey, alleging that he stole nearly $18 million for his own use from immigrant investors under the EB-5 program. The program allows wealthy foreigners to... View Article

HR Employment Law: How Well Meaning Policies Become Snafus

by | May 5, 2015

If you ask business owners to describe their biggest challenges, one of the top three is almost always related to managing and leading employees. It’s usually not specifically described as “legal compliance,” but the challenges of ensuring employee happiness and productivity. To achieve these goals, we look to build compensation, wellness, flexibility, and autonomy policies... View Article

How to Engage the Workforce in Lean Thinking

by | April 20, 2015

Blog written by Asbury Lockett, a business advisor with the Small Business Development Center at Highline College. Lean Thinking starts with the premise that everything that any of us want to accomplish (both at work and outside of work) is a process. Everything that gets done is a series of steps. Some steps take us... View Article