Mothballing
February 22nd, 2008To mothball a project is to defer it or shelve it indefinitely.
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Leverage
February 21st, 2008debt in financial terms), to expand a company’s share of the market and generate a higher level of income. Read the rest of this entry »
Insourcing
February 20th, 2008Insourcing is the practice of carrying out work in house that has previously been contracted out to a third party. Read the rest of this entry »
Fallen Angels
February 19th, 2008A fallen angel is a product that was generating large amounts of revenue but has become less popular and less profitable. Read the rest of this entry »
Don’t fight the tape
February 15th, 2008Literally…don’t oppose what the market dictates. Read the rest of this entry »
Blue-sky Thinking
February 14th, 2008Blue-Sky thinking is basically brainstorming with no limitations. Read the rest of this entry »
Chinese Wall
February 13th, 2008A Chinese Wall is the metaphorical term used for a barrier separating two or more groups (think the Great Wall of China which was built to protect the country from invaders).
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WIWO
February 12th, 2008This four-letter acronym stands for Walk-In, Walk-Out.
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Opportunities knocking
February 8th, 2008Well…unfortunately our patent still hasn’t come through – it’s certainly taking its time and hasn’t been the simple process that we first thought…that aside, we’ve had lots to keep us busy.
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Insanity is doing the same thing & expecting different results
January 30th, 2008I have often thought that independent retail is one of the hardest businesses to make a go of. Not only do you have substantial overheads; rent, rates etc, but considerable start-up costs; stock, shop fittings advertising & promotion, and all of this before you hear the first ring of your till! Read the rest of this entry »
