Big C Lumber’s Post

I've come to realize that successful business often boils down to the application of common sense. In fact, the absence of common sense is bankruptcy. During my tenure at Frank Paxton Lumber, we faced a significant challenge when fulfilling a large mill order for clean, straight-grain Sugar Maple (acer saccharum). The customer was adamant about not accepting any wood with figured grain. Instead of discarding the cut-offs from these large pieces, I made the decision to allocate them to Jeff Arnold, who managed our retail store. Surprisingly, what others considered scrap turned out to be highly sought-after by luthiers, many of whom relied on Jeff for their lumber supply. Interestingly, my operations manager, Dave, didn't share my enthusiasm for this approach. I couldn't quite grasp his perspective – why wouldn't we want the company to thrive financially rather than waste potential revenue? It was only much later that I comprehended the underlying factor: ego. Vince, our plant manager, created a perceived rivalry between the warehouse and retail divisions. Dave and Jeff seemed to be competing against each other, and unfortunately, the customers were caught in the crossfire. This experience taught me a valuable lesson in the world of business, one that would eventually pave the way for my global adventures. It reinforced the importance of putting the interests of the company and its customers ahead of personal agendas, ultimately leading to greater success for all involved. 🌟 #BusinessWisdom #SuccessMindset #LeadershipLessons

The CEO of this 117-year-old North Texas business called the decision to sell "tough" but necessary. Get the story behind the deal in this exclusive article. #dallas #dallasbusiness #dfwbusiness

Let's delve into the details of this #financialdownturn, explore the reasons behind it, and analyze what the future might hold for this prominent #ASX All Ordinaries #stock.

I just read an article about the state of the industry and concerns over the M & A activity going on. I have been on both sides of this along with now being a consultant and broker for M & A. Top dollar is being paid right now. How good is your business being run today? Technology? Process and people? I have a couple clients that were undecided as to how to start and what it takes to make improvements. After a few months their business is worth quite a bit more due to the changes they implemented. They aren't for sale. They are reaping the rewards. It's like fixing up the house to sell and then wondering why you didn't do it for yourself. They are more than prepared to get top dollar should they decide to sell. New projects and change can be scary. All it takes is the first step. "Often I feel that projects overwhelm us when we look at how many hours are involved until completion. But just getting started is usually not that difficult." Emily Giffin #business #technology #people #change #projects #dollar #consulting #mergersandacquisitions #firststep #ocs #officecoffeeservice #officecoffee #unattendedretail #pantry #coffee #vending #micromarkets #orrinhuebner www.orrinhuebner.com

Rubio's Coastal Grill Files for Chapter 11 Following Store Closures Read the full article below..

#AllMastersFAQSeries - Price Drop 💰 Question: Is there any percentage cap on how much the price will drop for a box? There is NO percentage cap on how much the price would fall for a schedule.   Price will continue to drop until we reach capacity!🚢 #AllMasters #PriceDrop #DynamicCostDistribution™️

Want to strengthen your pricing game? Our blog post, https://lnkd.in/eMPwrZEe, is a comprehensive guide that breaks down the ins and outs of psychological pricing. It's a must-read if you're looking to supercharge your pricing strategy! #strategy #pricing #pyschology #ecommerce

The perfect recipe for LTL pricing success: 🍰 + 🍦 + 🍯 = 🚀🚀🚀 Catch the next edition of #LetsTalkLogistics tomorrow to hear more from Gabe about this 'blended model' approach! #Pricing #BlendedModel #Trifecta