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Steve Marr Blog

Steve Marr's contributions
Category >> General Business
Apr 28

Excessive Optimism

Posted by Steve Marr in Untagged 

I’ve worked with a number of organizations that struggle financially. In most cases customers are departing, sales are down and income continues to drop. Some business owners seem to think that if they just keep doing the same activities but work them harder, everything will turn around. My experience in most instances where a business is stressed or in decline is that they need different strategies to turn the business around.

Apr 20

Price Negotiations

Posted by Steve Marr in Untagged 

Years ago King Solomon wrote, "’It's no good, it's no good!’ says the buyer--then goes off and boasts about the purchase.” (Proverbs 20:14, NIV) This reminds us that negotiating price is an old art. In theory we negotiate price mostly because the buyer may not understand the lowest selling price somebody will agree to and the seller may not understand the highest price the buyer might pay. If a buyer knew that the exact price after negotiations would be $10 for an item, the buyer would put the $10 down and walk out happy.

Mar 07

When Someone Refuses to Forgive

Posted by Steve Marr in Untagged 

From time to time someone will point out where they believe we have fallen short. When we are offended or hurt someone else, Christians are called to use the principles outlined by the Lord:

If your brother sins against you, go and tell him his fault, between you and him alone. If he listens to you, you have gained your brother. But if he does not listen, take one or two others along with you, that every charge may be established by the evidence of two or three witnesses. If he refuses to listen to them, tell it to the church. And if he refuses to listen even to the church, let him be to you as a Gentile and a tax collector. (18:15-17, ESV)

Dec 22

Plan for Adversity

Posted by Steve Marr in Untagged 

Recently I experienced a week long power outage after a nasty windstorm. I work at home, and my wife has a full-time ministry position working from home.  Given the necessity of work productivity, we have a backup power generator.  However, that didn’t solve our major problem. The Internet was down because the tower that transmitted the signal also lost power.  I worked around this challenge by venturing to town several times a day to collect and send e-mails.  I was able to use my iPhone as a backup even though the cell signal where I live is unreliable.  While this arrangement was not as efficient as normal, I was able to conduct most business fairly well. Customers expect this regardless of my personal situation.

Nov 16

Soup Plantation's Pricing Strategy

Posted by Steve Marr in Untagged 

I have eaten at the Soup Plantation, a chain mostly in the southwest. The restaurant charges $10 for an all-you-can- eat buffet, a good price point for family dinning. I could see how the buffet design was set up to limit food cost.